Principal Core Fixed Income Fund Class A (CMPIX)
| Fund Assets | 10.16B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.18% |
| Dividend Growth | 10.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 8.57 |
| YTD Return | 2.32% |
| 1-Year Return | 4.17% |
| 5-Year Return | -2.81% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 498 |
| Inception Date | Dec 15, 1975 |
About CMPIX
The Fund's investment strategy focuses on Core Bond with 0.82% total expense ratio. The minimum amount to invest in Principal Funds, Inc: Core Fixed Income Fund; Class A Shares is $1,000 on a standard taxable account. Principal Funds, Inc: Core Fixed Income Fund; Class A Shares seeks current income consistent with protection of capital. CMPIX invests primarily in the following security types: investment-grade and convertible debt; U.S. government or agency securities; obligations of U.S. banks that belong to the Federal Reserve System; preferred and convertible preferred stocks.
Performance
CMPIX had a total return of 4.17% in the past year. Since the fund's inception, the average annual return has been 4.53%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| undefined | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| undefined | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| undefined | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| undefined | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
12.19% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Mar 25 | n/a | 7.56% |
| Principal Government Money Market R-6 | PGWXX | 0.70% |
| AbbVie Inc. 5.05% | ABBV 5.05 03.15.34 | 0.57% |
| Biogen Inc 2.25% | BIIB 2.25 05.01.30 | 0.54% |
| Truist Bank (North Carolina) 4.632% | TFC V4.632 09.17.29 BKNT | 0.49% |
| American Tower Corporation 2.75% | n/a | 0.48% |
| PPL Electric Utilities Corporation 5.25% | PPL 5.25 05.15.53 | 0.47% |
| Ryder System, Inc. 2.9% | n/a | 0.47% |
| American Honda Finance Corporation 5.8% | HNDA 5.8 10.03.25 GMTN | 0.45% |
| PNC Bank National Association Pittsburgh Pennsylvania 2.7% | PNC 2.7 10.22.29 BKNT | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.02156 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0247 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02391 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02384 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02399 | Oct 31, 2024 |
| Sep 30, 2024 | $0.02122 | Sep 30, 2024 |