Principal Bond Market Index Fund Class J (PBIJX)
Fund Assets | 2.70B |
Expense Ratio | 0.58% |
Min. Investment | $1,000 |
Turnover | 57.00% |
Dividend (ttm) | 0.27 |
Dividend Yield | 3.25% |
Dividend Growth | -14.81% |
Payout Frequency | Annual |
Ex-Dividend Date | n/a |
Previous Close | 8.38 |
YTD Return | 3.59% |
1-Year Return | 2.78% |
5-Year Return | -7.62% |
52-Week Low | 8.00 |
52-Week High | 8.72 |
Beta (5Y) | n/a |
Holdings | 3828 |
Inception Date | Mar 16, 2010 |
About PBIJX
Principal Bond Market Index Fund Class J is an intermediate core bond mutual fund designed to provide current income by closely tracking the performance of the Bloomberg U.S. Aggregate Bond Index. This passively managed fund primarily invests in a diversified range of investment-grade, fixed-rate debt securities with maturities of one year or longer. Its portfolio includes U.S. government bonds, corporate bonds, as well as asset-backed and mortgage-backed securities, reflecting the composition of its benchmark index. The fund aims to mirror the risk and return profile of the broader U.S. investment-grade bond market, making it a key vehicle for investors seeking broad exposure to this asset class. It is principally used for core fixed-income allocations in diversified portfolios, offering annual dividends and maintaining an emphasis on stable, income-generating investments. Established in 2010, the fund manages a multi-billion-dollar asset base and is categorized by Morningstar as Intermediate Core Bond, underscoring its focus on quality and moderate interest-rate risk within the fixed-income sector.
Performance
PBIJX had a total return of 2.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.54%.
Top 10 Holdings
7.29% of assetsName | Symbol | Weight |
---|---|---|
Principal Government Money Market R-6 | PGWXX | 1.81% |
Government National Mortgage Association | G2SF.5.5 7.11 | 0.78% |
United States Treasury Notes | T.0.625 05.15.30 | 0.69% |
United States Treasury Notes | T.4.625 06.15.27 | 0.64% |
United States Treasury Notes | T.1.5 08.15.26 | 0.63% |
United States Treasury Notes | T.4.5 07.15.26 | 0.62% |
iShares iBoxx $ Invmt Grade Corp Bd ETF | n/a | 0.57% |
United States Treasury Notes | T.1.625 08.15.29 | 0.54% |
United States Treasury Notes | T.2.75 07.31.27 | 0.50% |
United States Treasury Notes | T.1.625 10.31.26 | 0.50% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 20, 2024 | $0.2727 | Dec 20, 2024 |
Dec 21, 2023 | $0.3201 | Dec 21, 2023 |
Dec 21, 2022 | $0.1073 | Dec 21, 2022 |
Dec 21, 2021 | $0.1348 | Dec 21, 2021 |
Dec 20, 2021 | $0.0316 | Dec 20, 2021 |
Dec 21, 2020 | $0.6384 | Dec 21, 2020 |