Principal Bond Market Index Instl holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.
Principal Bond Market Index Institutional Class PNIIX
- NAV / 1-Day Return 8.53 / −0.12 %
- Total Assets 3.0B
-
Adj. Expense Ratio
0.120%
- Expense Ratio 0.130%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 0
- Status Open
- TTM Yield 3.99%
- Effective Duration 5.78 years
USD | NAV as of Jun 11, 2026 | 1-Day Return as of Jun 11, 2026, 12:19 AM GMT+0
Morningstar’s Analysis PNIIX
Will PNIIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PNIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PNIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Principal Government Money Market R-6 | 2.66 | 78M | — |
United States Treasury Notes | 0.89 | 26M | Government |
United States Treasury Notes | 0.60 | 17M | Government |
iShares iBoxx $ Invmt Grade Corp Bd ETF | 0.59 | 17M | — |
United States Treasury Notes | 0.59 | 17M | Government |
United States Treasury Notes | 0.59 | 17M | Government |
United States Treasury Notes | 0.47 | 14M | Government |
United States Treasury Notes | 0.46 | 14M | Government |
United States Treasury Notes | 0.45 | 13M | Government |
United States Treasury Notes | 0.44 | 13M | Government |
United States