Principal Bond Market Index J (PBIJX)
| Fund Assets | 2.86B |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.16% |
| Dividend Growth | -14.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 8.64 |
| YTD Return | 6.68% |
| 1-Year Return | 4.59% |
| 5-Year Return | -3.81% |
| 52-Week Low | 8.00 |
| 52-Week High | 8.68 |
| Beta (5Y) | n/a |
| Holdings | 3991 |
| 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 4.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.73%.
Top 10 Holdings
6.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 1.96% |
| United States Treasury Notes | T.1.875 02.28.27 | 0.69% |
| iShares iBoxx $ Invmt Grade Corp Bd ETF | n/a | 0.67% |
| United States Treasury Notes | T.0.625 05.15.30 | 0.63% |
| United States Treasury Notes | T.4.625 06.15.27 | 0.58% |
| United States Treasury Notes | T.1.625 08.15.29 | 0.49% |
| United States Treasury Notes | T.2.875 08.15.28 | 0.46% |
| United States Treasury Notes | T.4.25 05.15.35 | 0.46% |
| United States Treasury Notes | T.2.75 07.31.27 | 0.45% |
| United States Treasury Notes | T.0.5 04.30.27 | 0.45% |
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 |