Principal Core Fixed Income A (CMPIX)
| Fund Assets | 10.39B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 13.90% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.23% |
| Dividend Growth | 7.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.61 |
| YTD Return | 3.05% |
| 1-Year Return | 1.58% |
| 5-Year Return | -6.06% |
| 52-Week Low | 8.32 |
| 52-Week High | 8.85 |
| Beta (5Y) | n/a |
| Holdings | 491 |
| Inception Date | Dec 15, 1975 |
About CMPIX
Principal Core Fixed Income Fund Class A is a mutual fund focused on providing capital preservation and income by investing primarily in a diversified pool of investment-grade fixed-income securities. Its portfolio includes a mix of U.S. government securities, corporate bonds, asset-backed securities, and mortgage-backed securities, with a particular emphasis on corporate debt compared to its category peers. This orientation results in moderate credit quality and interest rate sensitivity, aligning it with the intermediate core bond category. The fund is actively managed by a seasoned team, aiming to outperform broad fixed-income benchmarks by combining sector allocation and issuer selection strategies. With a history tracing back to 1975 and over $10 billion in assets under management, the fund holds a notable place among core U.S. bond mutual funds, serving a range of investors seeking stable, income-generating exposure to the broader fixed-income market.
Performance
CMPIX had a total return of 1.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Gr Bd M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
10.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Future on 2 Year Treasury Note | n/a | 6.02% |
| Principal Government Money Market R-6 | PGWXX | 0.60% |
| AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 0.59% |
| Biogen Inc 2.25% | BIIB.2.25 05.01.30 | 0.56% |
| Waste Connections Inc. 5.25% | WCNCN.5.25 09.01.35 | 0.51% |
| American Tower Corporation 2.75% | AMT.2.75 01.15.27 | 0.50% |
| Truist Bank (North Carolina) 4.632% | TFC.V4.632 09.17.29 BKNT | 0.50% |
| Ryder System, Inc. 2.9% | R.2.9 12.01.26 MTN | 0.48% |
| PPL Electric Utilities Corporation 5.25% | PPL.5.25 05.15.53 | 0.48% |
| PNC Bank National Association Pittsburgh Pennsylvania 2.7% | PNC.2.7 10.22.29 BKNT | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02516 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02331 | Jun 30, 2025 |
| May 30, 2025 | $0.02552 | May 30, 2025 |
| Apr 30, 2025 | $0.02381 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02273 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02156 | Feb 28, 2025 |