Principal Core Fixed Income Fund Class A (CMPIX)
| Fund Assets | 10.68B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 13.40% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.27% |
| Dividend Growth | 6.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 8.71 |
| YTD Return | -2.13% |
| 1-Year Return | 4.32% |
| 5-Year Return | -4.51% |
| 52-Week Low | 8.33 |
| 52-Week High | 8.94 |
| Beta (5Y) | n/a |
| Holdings | 482 |
| 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 4.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.47%.
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 Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
12.74% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Mar 26 | n/a | 7.45% |
| Principal Government Money Market R-6 | PGWXX | 1.21% |
| 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 | 0.52% |
| Truist Bank (North Carolina) 4.632% | TFC.V4.632 09.17.29 BKNT | 0.49% |
| American Tower Corporation 2.75% | AMT.2.75 01.15.27 | 0.49% |
| 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 |
|---|---|---|
| Dec 31, 2025 | $0.02598 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0226 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02632 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02345 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02594 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02516 | Jul 31, 2025 |