Core Plus Bond Fund fka Bond & Mortgage Securities Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.3%
1 yr return
3.4%
3 Yr Avg Return
-3.5%
5 Yr Avg Return
0.0%
Net Assets
$572 M
Holdings in Top 10
13.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 181.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PBMJX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return -3.5%
- 5 Yr Annualized Total Return 0.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.56%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameCore Plus Bond Fund fka Bond & Mortgage Securities Fund
-
Fund Family NamePrincipal Funds
-
Inception DateSep 24, 2002
-
Shares OutstandingN/A
-
Share ClassJ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Armstrong
Fund Description
PBMJX - Performance
Return Ranking - Trailing
Period | PBMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -4.6% | 6.9% | 79.30% |
1 Yr | 3.4% | -9.9% | 12.7% | 74.60% |
3 Yr | -3.5%* | -10.6% | 26.4% | 75.03% |
5 Yr | 0.0%* | -7.3% | 191.3% | 60.23% |
10 Yr | 1.2%* | -2.6% | 73.8% | 61.07% |
* Annualized
Return Ranking - Calendar
Period | PBMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.1% | -16.2% | 8.1% | 51.11% |
2022 | -16.3% | -34.7% | 131.9% | 59.81% |
2021 | -3.8% | -11.6% | 4.4% | 68.28% |
2020 | 2.1% | -10.1% | 946.1% | 85.51% |
2019 | 5.9% | -1.7% | 16.9% | 38.79% |
Total Return Ranking - Trailing
Period | PBMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -4.6% | 6.9% | 79.30% |
1 Yr | 3.4% | -9.9% | 12.7% | 74.60% |
3 Yr | -3.5%* | -10.6% | 26.4% | 75.03% |
5 Yr | 0.0%* | -7.3% | 191.3% | 60.23% |
10 Yr | 1.2%* | -2.6% | 73.8% | 61.07% |
* Annualized
Total Return Ranking - Calendar
Period | PBMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -11.3% | 11.9% | 82.32% |
2022 | -14.3% | -32.2% | 131.9% | 74.69% |
2021 | -0.8% | -9.4% | 9.2% | 41.53% |
2020 | 10.1% | -1.9% | 1009.0% | 16.83% |
2019 | 9.7% | 1.1% | 21668.0% | 26.25% |
NAV & Total Return History
PBMJX - Holdings
Concentration Analysis
PBMJX | Category Low | Category High | PBMJX % Rank | |
---|---|---|---|---|
Net Assets | 572 M | 2.9 M | 314 B | 64.12% |
Number of Holdings | 852 | 1 | 17816 | 46.22% |
Net Assets in Top 10 | 75.5 M | 1.7 M | 34.8 B | 75.63% |
Weighting of Top 10 | 13.57% | 4.4% | 432.9% | 84.73% |
Top 10 Holdings
- Principal Government Money Market Fund - Class R-6 3.58%
- United States Treasury Bill 1.59%
- Fannie Mae Pool 1.21%
- Ginnie Mae 1.15%
- Fannie Mae or Freddie Mac 1.11%
- JP Morgan Mortgage Trust 2024-2 1.09%
- Fannie Mae or Freddie Mac 1.07%
- Ginnie Mae 0.96%
- Ginnie Mae 0.95%
- Sequoia Mortgage Trust 2024-3 0.86%
Asset Allocation
Weighting | Return Low | Return High | PBMJX % Rank | |
---|---|---|---|---|
Bonds | 93.57% | 0.00% | 993.61% | 60.30% |
Other | 8.75% | -16.94% | 53.20% | 30.11% |
Cash | 3.84% | -54.51% | 237.69% | 41.29% |
Convertible Bonds | 3.27% | 0.00% | 7.93% | 7.30% |
Preferred Stocks | 0.62% | 0.00% | 74.98% | 7.15% |
Stocks | 0.01% | 0.00% | 99.99% | 28.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PBMJX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 93.58% |
Technology | 0.00% | 0.00% | 43.45% | 93.05% |
Real Estate | 0.00% | 0.00% | 99.26% | 94.65% |
Industrials | 0.00% | 0.00% | 48.31% | 97.33% |
Healthcare | 0.00% | 0.00% | 17.70% | 93.05% |
Financial Services | 0.00% | 0.00% | 100.00% | 93.05% |
Energy | 0.00% | 0.00% | 100.00% | 14.97% |
Communication Services | 0.00% | 0.00% | 100.00% | 93.05% |
Consumer Defense | 0.00% | 0.00% | 99.67% | 91.98% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 93.05% |
Basic Materials | 0.00% | 0.00% | 100.00% | 93.05% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PBMJX % Rank | |
---|---|---|---|---|
US | 0.01% | 0.00% | 99.99% | 26.89% |
Non US | 0.00% | 0.00% | 86.42% | 5.24% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PBMJX % Rank | |
---|---|---|---|---|
Corporate | 44.97% | 0.00% | 100.00% | 16.33% |
Securitized | 31.43% | 0.00% | 98.40% | 45.13% |
Government | 14.28% | 0.00% | 86.23% | 75.86% |
Cash & Equivalents | 3.84% | 0.00% | 237.69% | 39.98% |
Municipal | 0.00% | 0.00% | 100.00% | 96.45% |
Derivative | -0.79% | -9.72% | 47.91% | 94.86% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PBMJX % Rank | |
---|---|---|---|---|
US | 93.57% | 0.00% | 993.61% | 54.68% |
Non US | 0.00% | 0.00% | 33.48% | 90.84% |
PBMJX - Expenses
Operational Fees
PBMJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.89% | 0.01% | 39.10% | 34.11% |
Management Fee | 0.42% | 0.00% | 1.76% | 76.09% |
12b-1 Fee | 0.15% | 0.00% | 1.00% | 18.78% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
PBMJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 90.82% |
Trading Fees
PBMJX 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.
PBMJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 181.50% | 2.00% | 493.39% | 63.30% |
PBMJX - Distributions
Dividend Yield Analysis
PBMJX | Category Low | Category High | PBMJX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.03% | 0.00% | 10.11% | 79.40% |
Dividend Distribution Analysis
PBMJX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
PBMJX | Category Low | Category High | PBMJX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.56% | -1.28% | 4.79% | 58.75% |
Capital Gain Distribution Analysis
PBMJX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 25, 2024 | $0.028 | OrdinaryDividend |
Mar 25, 2024 | $0.027 | OrdinaryDividend |
Feb 26, 2024 | $0.025 | OrdinaryDividend |
Jan 26, 2024 | $0.024 | OrdinaryDividend |
Dec 27, 2023 | $0.032 | OrdinaryDividend |
Nov 27, 2023 | $0.027 | OrdinaryDividend |
Oct 26, 2023 | $0.025 | OrdinaryDividend |
Sep 26, 2023 | $0.023 | OrdinaryDividend |
Aug 28, 2023 | $0.022 | OrdinaryDividend |
Jul 26, 2023 | $0.021 | OrdinaryDividend |
Jun 27, 2023 | $0.019 | OrdinaryDividend |
May 25, 2023 | $0.020 | OrdinaryDividend |
Apr 25, 2023 | $0.019 | OrdinaryDividend |
Mar 28, 2023 | $0.018 | OrdinaryDividend |
Feb 23, 2023 | $0.016 | OrdinaryDividend |
Jan 26, 2023 | $0.020 | OrdinaryDividend |
Dec 28, 2022 | $0.028 | OrdinaryDividend |
Nov 23, 2022 | $0.027 | OrdinaryDividend |
Oct 31, 2022 | $0.018 | OrdinaryDividend |
Sep 30, 2022 | $0.016 | OrdinaryDividend |
Aug 31, 2022 | $0.010 | OrdinaryDividend |
Jul 29, 2022 | $0.016 | OrdinaryDividend |
Jun 30, 2022 | $0.015 | OrdinaryDividend |
May 31, 2022 | $0.015 | OrdinaryDividend |
Apr 29, 2022 | $0.016 | OrdinaryDividend |
Mar 31, 2022 | $0.016 | OrdinaryDividend |
Feb 28, 2022 | $0.014 | OrdinaryDividend |
Jan 31, 2022 | $0.016 | OrdinaryDividend |
Dec 31, 2021 | $0.019 | OrdinaryDividend |
Dec 20, 2021 | $0.129 | OrdinaryDividend |
Nov 30, 2021 | $0.017 | OrdinaryDividend |
Oct 29, 2021 | $0.019 | OrdinaryDividend |
Sep 30, 2021 | $0.019 | OrdinaryDividend |
Aug 31, 2021 | $0.017 | OrdinaryDividend |
Jul 30, 2021 | $0.017 | OrdinaryDividend |
Jun 30, 2021 | $0.015 | OrdinaryDividend |
May 28, 2021 | $0.015 | OrdinaryDividend |
Apr 30, 2021 | $0.017 | OrdinaryDividend |
Mar 31, 2021 | $0.014 | OrdinaryDividend |
Feb 26, 2021 | $0.013 | OrdinaryDividend |
Jan 29, 2021 | $0.013 | OrdinaryDividend |
Dec 31, 2020 | $0.018 | OrdinaryDividend |
Dec 18, 2020 | $0.532 | OrdinaryDividend |
Nov 30, 2020 | $0.018 | OrdinaryDividend |
Oct 30, 2020 | $0.026 | OrdinaryDividend |
Sep 30, 2020 | $0.019 | OrdinaryDividend |
Aug 31, 2020 | $0.021 | OrdinaryDividend |
Jul 31, 2020 | $0.025 | OrdinaryDividend |
Jun 30, 2020 | $0.022 | OrdinaryDividend |
May 29, 2020 | $0.019 | OrdinaryDividend |
Apr 30, 2020 | $0.023 | OrdinaryDividend |
Mar 31, 2020 | $0.021 | OrdinaryDividend |
Feb 28, 2020 | $0.021 | OrdinaryDividend |
Jan 31, 2020 | $0.025 | OrdinaryDividend |
Dec 31, 2019 | $0.082 | OrdinaryDividend |
Nov 29, 2019 | $0.032 | OrdinaryDividend |
Oct 31, 2019 | $0.021 | OrdinaryDividend |
Sep 30, 2019 | $0.024 | OrdinaryDividend |
Aug 30, 2019 | $0.028 | OrdinaryDividend |
Jul 31, 2019 | $0.026 | OrdinaryDividend |
Dec 31, 2007 | $0.041 | DailyAccrualFund |
Nov 30, 2007 | $0.043 | OrdinaryDividend |
Oct 31, 2007 | $0.043 | OrdinaryDividend |
Sep 28, 2007 | $0.041 | OrdinaryDividend |
Aug 31, 2007 | $0.035 | OrdinaryDividend |
Jul 31, 2007 | $0.053 | OrdinaryDividend |
Jun 29, 2007 | $0.048 | OrdinaryDividend |
May 31, 2007 | $0.048 | OrdinaryDividend |
Apr 30, 2007 | $0.043 | OrdinaryDividend |
Mar 30, 2007 | $0.044 | OrdinaryDividend |
Feb 28, 2007 | $0.025 | OrdinaryDividend |
Jan 31, 2007 | $0.029 | OrdinaryDividend |
Dec 29, 2006 | $0.043 | OrdinaryDividend |
Nov 30, 2006 | $0.047 | OrdinaryDividend |
Oct 31, 2006 | $0.041 | OrdinaryDividend |
Sep 29, 2006 | $0.041 | OrdinaryDividend |
Aug 31, 2006 | $0.042 | OrdinaryDividend |
Jul 31, 2006 | $0.038 | OrdinaryDividend |
Jun 30, 2006 | $0.036 | OrdinaryDividend |
May 31, 2006 | $0.033 | OrdinaryDividend |
Apr 28, 2006 | $0.031 | OrdinaryDividend |
Mar 31, 2006 | $0.038 | OrdinaryDividend |
Feb 28, 2006 | $0.029 | OrdinaryDividend |
Jan 31, 2006 | $0.029 | OrdinaryDividend |
Nov 30, 2005 | $0.030 | OrdinaryDividend |
Oct 31, 2005 | $0.030 | OrdinaryDividend |
Sep 30, 2005 | $0.029 | OrdinaryDividend |
Aug 31, 2005 | $0.028 | OrdinaryDividend |
Jul 29, 2005 | $0.017 | OrdinaryDividend |
Jun 29, 2005 | $0.037 | OrdinaryDividend |
May 31, 2005 | $0.044 | OrdinaryDividend |
Apr 29, 2005 | $0.044 | OrdinaryDividend |
Mar 31, 2005 | $0.009 | OrdinaryDividend |
Feb 23, 2005 | $0.026 | OrdinaryDividend |
Jan 21, 2005 | $0.024 | OrdinaryDividend |
Dec 23, 2004 | $0.033 | OrdinaryDividend |
Dec 06, 2004 | $0.007 | CapitalGainLongTerm |
Nov 23, 2004 | $0.038 | OrdinaryDividend |
Oct 22, 2004 | $0.038 | OrdinaryDividend |
Sep 23, 2004 | $0.025 | OrdinaryDividend |
Aug 23, 2004 | $0.020 | OrdinaryDividend |
Jul 23, 2004 | $0.016 | OrdinaryDividend |
Jun 23, 2004 | $0.016 | OrdinaryDividend |
May 21, 2004 | $0.028 | OrdinaryDividend |
Apr 23, 2004 | $0.032 | OrdinaryDividend |
Mar 23, 2004 | $0.032 | OrdinaryDividend |
Feb 23, 2004 | $0.025 | OrdinaryDividend |
Jan 23, 2004 | $0.025 | OrdinaryDividend |
Dec 23, 2003 | $0.032 | OrdinaryDividend |
Nov 21, 2003 | $0.025 | OrdinaryDividend |
Oct 23, 2003 | $0.025 | OrdinaryDividend |
Sep 23, 2003 | $0.027 | OrdinaryDividend |
Aug 22, 2003 | $0.024 | OrdinaryDividend |
Jul 23, 2003 | $0.024 | OrdinaryDividend |
Jun 23, 2003 | $0.024 | OrdinaryDividend |
May 23, 2003 | $0.028 | OrdinaryDividend |
Apr 23, 2003 | $0.028 | OrdinaryDividend |
Mar 21, 2003 | $0.028 | OrdinaryDividend |
Feb 21, 2003 | $0.028 | OrdinaryDividend |
Jan 23, 2003 | $0.024 | OrdinaryDividend |
Dec 23, 2002 | $0.024 | OrdinaryDividend |
Nov 22, 2002 | $0.030 | OrdinaryDividend |
Oct 23, 2002 | $0.030 | OrdinaryDividend |
PBMJX - Fund Manager Analysis
Managers
William Armstrong
Start Date
Tenure
Tenure Rank
Dec 06, 2000
21.5
21.5%
William C. Armstrong, CFA - Portfolio Manager Bill is a portfolio manager for Principal Global Fixed Income. He manages multi-sector portfolios that invest in corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, sovereigns, and agencies. Bill joined the firm in 1992. Previously, he served as a commissioned bank examiner at Federal Deposit Insurance Commission. Bill received an MBA from the University of Iowa and a bachelor's degree from Kearney State College. He has earned the right to use the Chartered Financial Analyst designation. Bill is a member of the CFA Institute and the CFA Society of Iowa, of which he formerly served as president.
Bryan Davis
Start Date
Tenure
Tenure Rank
Mar 25, 2022
0.18
0.2%
Davis is a senior trader/research analyst for Principal Global Investors. He is responsible for trading mortgage-backed securities and developing investment strategies related to mortgages and derivatives. Davis joined the firm in 1993 as a servicing valuation director for Principal Residential Mortgage. He earned a bachelor’s degree in Finance from the University of Iowa. He has earned the right to use the Chartered Financial Analyst esignation and is a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.78 | 1.16 |