Bond Market Index Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.5%
1 yr return
-1.3%
3 Yr Avg Return
-4.1%
5 Yr Avg Return
-0.6%
Net Assets
$1.99 B
Holdings in Top 10
6.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 161.70%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PBIPX - Profile
Distributions
- YTD Total Return -3.5%
- 3 Yr Annualized Total Return -4.1%
- 5 Yr Annualized Total Return -0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.39%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBond Market Index Fund
-
Fund Family NamePrincipal Funds
-
Inception DateDec 30, 2009
-
Shares OutstandingN/A
-
Share ClassR4
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDarryl Trunnel
Fund Description
PBIPX - Performance
Return Ranking - Trailing
Period | PBIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.5% | -13.2% | 2.8% | 67.76% |
1 Yr | -1.3% | -11.0% | 10.6% | 72.44% |
3 Yr | -4.1%* | -11.1% | 24.7% | 66.53% |
5 Yr | -0.6%* | -6.8% | 190.4% | 81.73% |
10 Yr | 0.6%* | -2.6% | 73.3% | 81.92% |
* Annualized
Return Ranking - Calendar
Period | PBIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.2% | -16.2% | 8.1% | 82.17% |
2022 | -14.6% | -34.7% | 131.9% | 14.95% |
2021 | -3.6% | -11.6% | 4.4% | 57.64% |
2020 | -9.9% | -10.1% | 946.1% | 99.67% |
2019 | 6.8% | -1.7% | 16.9% | 13.06% |
Total Return Ranking - Trailing
Period | PBIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.5% | -13.2% | 2.8% | 67.76% |
1 Yr | -1.3% | -11.0% | 10.6% | 72.44% |
3 Yr | -4.1%* | -11.1% | 24.7% | 66.53% |
5 Yr | -0.6%* | -6.8% | 190.4% | 81.73% |
10 Yr | 0.6%* | -2.6% | 73.3% | 81.92% |
* Annualized
Total Return Ranking - Calendar
Period | PBIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -11.3% | 11.0% | 80.48% |
2022 | -13.6% | -32.2% | 131.9% | 49.34% |
2021 | -2.1% | -9.4% | 9.2% | 87.69% |
2020 | 6.9% | -1.9% | 1009.0% | 81.34% |
2019 | 8.4% | 1.1% | 21668.0% | 64.26% |
NAV & Total Return History
PBIPX - Holdings
Concentration Analysis
PBIPX | Category Low | Category High | PBIPX % Rank | |
---|---|---|---|---|
Net Assets | 1.99 B | 2.9 M | 314 B | 41.12% |
Number of Holdings | 3244 | 1 | 17889 | 10.91% |
Net Assets in Top 10 | 143 M | -106 M | 36.5 B | 63.52% |
Weighting of Top 10 | 6.73% | 4.4% | 134.1% | 97.53% |
Top 10 Holdings
- Principal Government Money Market Fund - Class R-6 1.72%
- United States Treasury Note/Bond 0.59%
- United States Treasury Note/Bond 0.59%
- United States Treasury Note/Bond 0.58%
- Freddie Mac Pool 0.57%
- United States Treasury Note/Bond 0.57%
- Fannie Mae Pool 0.55%
- United States Treasury Note/Bond 0.54%
- United States Treasury Note/Bond 0.52%
- Fannie Mae Pool 0.51%
Asset Allocation
Weighting | Return Low | Return High | PBIPX % Rank | |
---|---|---|---|---|
Bonds | 98.76% | 0.00% | 215.98% | 27.58% |
Cash | 1.84% | -54.51% | 79.52% | 62.83% |
Convertible Bonds | 1.25% | 0.00% | 7.93% | 58.22% |
Stocks | 0.00% | 0.00% | 99.93% | 38.17% |
Preferred Stocks | 0.00% | 0.00% | 74.68% | 33.92% |
Other | 0.00% | -13.23% | 50.66% | 79.45% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PBIPX % Rank | |
---|---|---|---|---|
Government | 41.23% | 0.00% | 86.23% | 15.94% |
Securitized | 26.91% | 0.00% | 98.40% | 59.31% |
Corporate | 22.95% | 0.00% | 100.00% | 77.92% |
Cash & Equivalents | 1.84% | 0.00% | 76.23% | 58.51% |
Municipal | 0.38% | 0.00% | 100.00% | 50.00% |
Derivative | 0.00% | -5.38% | 50.66% | 53.59% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PBIPX % Rank | |
---|---|---|---|---|
US | 98.76% | 0.00% | 215.98% | 24.88% |
Non US | 0.00% | 0.00% | 39.04% | 42.48% |
PBIPX - Expenses
Operational Fees
PBIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.54% | 0.01% | 39.10% | 67.29% |
Management Fee | 0.14% | 0.00% | 1.76% | 6.26% |
12b-1 Fee | 0.10% | 0.00% | 1.00% | 15.78% |
Administrative Fee | N/A | 0.01% | 0.50% | 2.73% |
Sales Fees
PBIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PBIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
PBIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 161.70% | 2.00% | 493.39% | 56.24% |
PBIPX - Distributions
Dividend Yield Analysis
PBIPX | Category Low | Category High | PBIPX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.99% | 0.00% | 9.95% | 44.06% |
Dividend Distribution Analysis
PBIPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Monthly |
Net Income Ratio Analysis
PBIPX | Category Low | Category High | PBIPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.39% | -1.28% | 4.79% | 70.11% |
Capital Gain Distribution Analysis
PBIPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.324 | OrdinaryDividend |
Dec 21, 2022 | $0.105 | OrdinaryDividend |
Dec 21, 2021 | $0.122 | OrdinaryDividend |
Dec 21, 2020 | $0.640 | OrdinaryDividend |
Dec 20, 2019 | $0.165 | OrdinaryDividend |
Dec 20, 2018 | $0.230 | OrdinaryDividend |
Dec 21, 2017 | $0.218 | OrdinaryDividend |
Dec 22, 2016 | $0.152 | OrdinaryDividend |
Dec 21, 2015 | $0.188 | OrdinaryDividend |
Dec 19, 2014 | $0.174 | OrdinaryDividend |
Dec 20, 2013 | $0.211 | OrdinaryDividend |
Dec 21, 2012 | $0.199 | OrdinaryDividend |
Dec 21, 2011 | $0.243 | OrdinaryDividend |
Dec 21, 2010 | $0.167 | OrdinaryDividend |
PBIPX - Fund Manager Analysis
Managers
Darryl Trunnel
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Darryl is portfolio manager at Principal Global Fixed Income with responsibility for emerging markets and manages opportunistic credit strategies. Darryl joined the firm in 2008. Darryl has 25 years experience in the asset management industry, and prior to joining PGI was founder, principal, and portfolio manager at Blackhawk Capital Management, Iowa City, Iowa. In this capacity, he managed and operated a hedge fund including managing and trading the corporate bond and credit derivative portfolio. His background also includes positions with Credit Suisse First Boston as a director, with Eagle Capital as a principal and corporate bond trading manager, and with Cargill as an options trading and trading technology manager. He received a bachelor's degree in agricultural business from Iowa State University. Darryl has earned the right to use the Chartered Financial Analyst designation and is a member of both the CFA Institute and the CFA Society of Iowa.
Jeff Callahan
Start Date
Tenure
Tenure Rank
Dec 18, 2020
1.45
1.5%
Jeff Callahan has been with Principal® since 2006. He earned a B.A. in Business Administration with an emphasis in Finance from Wartburg College and an M.B.A. form the University of Iowa. Mr. Callahan has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.43 | 6.81 | 1.16 |