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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal Core Plus Bond Fund

PBMCX |

-

$3.16 B

-

1.75%

Vitals

YTD Return

N/A

1 yr return

-2.9%

3 Yr Avg Return

1.1%

5 Yr Avg Return

1.1%

Net Assets

$3.16 B

Holdings in Top 10

16.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.75%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 134.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal Core Plus Bond Fund

PBMCX |

-

$3.16 B

-

1.75%

PBMCX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal Core Plus Bond Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jan 16, 2007
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds or other debt securities at the time of purchase. Such investments include securities issued or guaranteed by the U.S. government or its agencies or instrumentalities (including collateralized mortgage obligations); asset-backed securities and mortgage-backed securities (securitized products); corporate bonds; and foreign securities, including emerging market securities. The Fund invests in investment-grade securities and, with respect to up to 25% of its assets, in below investment grade securities (sometimes called “high yield” or “junk”), which are rated at the time of purchase Ba1 or lower by Moody’s Investors Service, Inc. (“Moody’s”) and BB+ or lower by S&P Global Ratings (“S&P Global”) (if the security has been rated by only one of those agencies, that rating will determine whether the security is below investment grade; if the security has not been rated by either of those agencies, those selecting such investments will determine whether the security is of a quality comparable to those rated below investment grade; if securities are rated differently by the rating agencies, the highest rating is used). The Fund is not managed to a particular maturity. Under normal circumstances, the Fund maintains an average portfolio duration that is within ±25% of the duration of the Bloomberg US Aggregate Bond Index, which as of December 31, 2021 was 6.78 years. The Fund’s strategies may result in the active and frequent trading of the Fund’s portfolio securities.The Fund enters into dollar roll transactions which may involve leverage. The Fund invests in derivatives, including Treasury futures and interest rate swaps to manage the fixed-income exposure (including for hedging purposes) and credit default swaps to increase or decrease, in an efficient manner, exposures to certain sectors or individual issuers. A derivative is a financial arrangement, the value of which is derived from, or based on, a traditional security, asset, or market index.
Read More

PBMCX - Performance

Return Ranking - Trailing

Period PBMCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.8% 13.1% N/A
1 Yr -2.9% -9.8% 7.5% N/A
3 Yr 1.1%* -4.2% 4.7% N/A
5 Yr 1.1%* -8.5% 23.6% N/A
10 Yr 4.2%* -7.3% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period PBMCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -22.2% 3.1% N/A
2022 N/A -5.1% 25.1% N/A
2021 N/A -8.5% 192.8% N/A
2020 N/A -33.0% 3.0% N/A
2019 N/A -29.8% 32.1% N/A

Total Return Ranking - Trailing

Period PBMCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.8% 13.1% N/A
1 Yr -3.9% -9.8% 10.2% N/A
3 Yr 1.1%* -4.2% 6.9% N/A
5 Yr 1.1%* -8.2% 28.6% N/A
10 Yr 4.2%* -7.3% 26.4% N/A

* Annualized

Total Return Ranking - Calendar

Period PBMCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -22.2% 7.9% N/A
2022 N/A -4.6% 25.1% N/A
2021 N/A -4.1% 204.3% N/A
2020 N/A -32.4% 4.2% N/A
2019 N/A -29.8% 32.1% N/A

PBMCX - Holdings

Concentration Analysis

PBMCX Category Low Category High PBMCX % Rank
Net Assets 3.16 B 330 K 229 B N/A
Number of Holdings 1779 3 17358 N/A
Net Assets in Top 10 429 M -28.8 B 32.2 B N/A
Weighting of Top 10 16.06% 4.0% 1674.7% N/A

Top 10 Holdings

  1. Ice Credit Default Swap 2.43%
  2. Us 5yr Note (Cbt) Mar19 2.06%
  3. Federal National Mortgage Association 3% 1.86%
  4. Us 2yr Note (Cbt) Mar19 1.85%
  5. United States Treasury Bonds 3.88% 1.55%
  6. Federal National Mortgage Association 4.5% 1.36%
  7. Us 10yr Ultra Fut Mar19 1.30%
  8. United States Treasury Notes 1.75% 1.27%
  9. Government National Mortgage Association 3.5% 1.22%
  10. United States Treasury Bonds 3% 1.16%

Asset Allocation

Weighting Return Low Return High PBMCX % Rank
Bonds 		108.91% 0.00% 394.27% N/A
Convertible Bonds 		1.21% 0.00% 18.42% N/A
Preferred Stocks 		0.29% 0.00% 20.33% N/A
Stocks 		0.04% -3.42% 96.77% N/A
Other 		0.00% -98.58% 236.55% N/A
Cash 		-10.45% -539.21% 70.47% N/A

Stock Sector Breakdown

Weighting Return Low Return High PBMCX % Rank
Energy 		0.04% 0.00% 11.26% N/A
Utilities 		0.00% -0.05% 8.49% N/A
Technology 		0.00% -0.35% 12.99% N/A
Real Estate 		0.00% -0.04% 11.09% N/A
Industrials 		0.00% -0.15% 12.95% N/A
Healthcare 		0.00% -0.20% 10.55% N/A
Financial Services 		0.00% -0.01% 19.01% N/A
Communication Services 		0.00% -0.05% 4.01% N/A
Consumer Defense 		0.00% -0.18% 10.56% N/A
Consumer Cyclical 		0.00% -0.18% 9.63% N/A
Basic Materials 		0.00% 0.00% 7.19% N/A

Stock Geographic Breakdown

Weighting Return Low Return High PBMCX % Rank
US 		0.04% -4.95% 59.49% N/A
Non US 		0.00% -0.18% 91.88% N/A

Bond Sector Breakdown

Weighting Return Low Return High PBMCX % Rank
Securitized 		46.24% 0.00% 103.00% N/A
Corporate 		46.07% 0.00% 127.23% N/A
Government 		15.67% -74.72% 316.66% N/A
Derivative 		2.45% -234.33% 48.69% N/A
Municipal 		0.00% 0.00% 102.07% N/A
Cash & Equivalents 		-10.46% -532.79% 70.33% N/A

Bond Geographic Breakdown

Weighting Return Low Return High PBMCX % Rank
US 		97.68% 0.00% 219.16% N/A
Non US 		11.23% -41.14% 244.34% N/A

PBMCX - Expenses

Operational Fees

PBMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.75% 0.00% 38.42% N/A
Management Fee 0.50% 0.00% 2.15% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.63% N/A

Sales Fees

PBMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.15% 5.50% N/A

Trading Fees

PBMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PBMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 134.00% 0.00% 2337.00% N/A

PBMCX - Distributions

Dividend Yield Analysis

PBMCX Category Low Category High PBMCX % Rank
Dividend Yield 0.00% 0.00% 8.86% N/A

Dividend Distribution Analysis

PBMCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PBMCX Category Low Category High PBMCX % Rank
Net Income Ratio 1.68% -2.82% 7.22% N/A

Capital Gain Distribution Analysis

PBMCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PBMCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 30.51 6.95 7.12

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