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Principal Core Plus Bond A PRBDX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 9.02  /  +0.33 %
  • Total Assets 569.5 Mil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.850%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.99%
  • Effective Duration 6.29 years

USD | NAV as of Feb 28, 2024 | 1-Day Return as of Feb 28, 2024, 11:16 PM GMT+0

Morningstar’s Analysis PRBDX

Will PRBDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Weakness in Principal Core Plus Bond A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings PRBDX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 32.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Mar 24

13.85 81.0 Mil
Government

10 Year Treasury Note Future Mar 24

6.18 36.1 Mil
Government

United States Treasury Bills

2.72 15.9 Mil
Government

ICE CREDIT DEFAULT SWAP

2.49 14.6 Mil
Derivative

Ultra 10 Year US Treasury Note Future Mar 24

2.33 13.6 Mil
Government

Principal Government Money Market R-6

1.97 11.5 Mil

American Express Credit Account Master Trust

1.47 8.6 Mil
Securitized

Government National Mortgage Association

1.45 8.5 Mil
Securitized

Government National Mortgage Association

1.34 7.8 Mil
Securitized

Fnma Pass-Thru I

1.25 7.3 Mil
Securitized