Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Principal Government & High Qual Bd R4 PMRDX
- NAV / 1-Day Return 8.90 / +0.12 %
- Total Assets 662.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.790%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 2.75%
- Effective Duration 5.99 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis PMRDX
Will PMRDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset | 5.07 | 33.4 Mil | — |
Federal National Mortgage Association | 4.76 | 31.4 Mil | Securitized |
Government National Mortgage Association | 3.40 | 22.5 Mil | Securitized |
Government National Mortgage Association | 3.23 | 21.3 Mil | Securitized |
10 Year Treasury Note Future June 24 | 2.69 | 17.8 Mil | Government |
Federal National Mortgage Association | 2.31 | 15.3 Mil | Securitized |
Government National Mortgage Association | 2.24 | 14.8 Mil | Securitized |
Government National Mortgage Association | 2.16 | 14.2 Mil | Securitized |
Federal Home Loan Mortgage Corp. | 2.11 | 13.9 Mil | Securitized |
Fnma Pass-Thru I | 2.08 | 13.7 Mil | Securitized |