The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Principal Government & High Qual Bd Inst PMRIX
- NAV / 1-Day Return 8.94 / +0.47 %
- Total Assets 678.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.530%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 3.00%
- Effective Duration 5.82 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PMRIX
Will PMRIX 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 21.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset | 9.38 | 63.3 Mil | — |
Federal National Mortgage Association | 5.23 | 35.2 Mil | Securitized |
Government National Mortgage Association | 4.42 | 29.8 Mil | Securitized |
Federal National Mortgage Association | 4.07 | 27.4 Mil | Securitized |
Federal National Mortgage Association | 3.85 | 26.0 Mil | Securitized |
Government National Mortgage Association | 2.80 | 18.9 Mil | Securitized |
United States Treasury Bills | 2.45 | 16.5 Mil | Government |
Principal Government Money Market R-6 | 2.25 | 15.2 Mil | — |
Government National Mortgage Association | 2.13 | 14.4 Mil | Securitized |
Government National Mortgage Association | 2.05 | 13.8 Mil | Securitized |