Principal Core Plus Bond Fund R-3 Class (PBMMX)
| Fund Assets | 507.71M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 165.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.08% |
| Dividend Growth | 9.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 9.16 |
| YTD Return | 1.44% |
| 1-Year Return | 8.13% |
| 5-Year Return | -2.79% |
| 52-Week Low | 8.47 |
| 52-Week High | 9.18 |
| Beta (5Y) | n/a |
| Holdings | 809 |
| Inception Date | Dec 6, 2000 |
About PBMMX
Principal Core Plus Bond Fund R-3 Class is an actively managed mutual fund within the intermediate core-plus bond category. Its primary function is to generate current income, with capital appreciation as a secondary objective. The fund typically invests at least 80% of its assets in a diversified portfolio of investment-grade, U.S. dollar-denominated fixed-income securities, including government, corporate, mortgage-backed, and asset-backed bonds. The "core-plus" strategy allows the fund's managers additional flexibility to enhance returns by incorporating a broader range of fixed-income instruments, potentially including securities with higher yields or those from emerging markets. Managed by a seasoned team of investment professionals, the fund aims to balance income generation and risk management. Principal Core Plus Bond Fund R-3 Class plays a significant role in portfolio diversification for investors seeking exposure to domestic fixed-income markets and is commonly used by retirement plans and other institutional investors to provide stable income and moderate growth within a broader investment mix.
Performance
PBMMX had a total return of 8.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.00%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0302 | Jan 27, 2026 |
| Dec 29, 2025 | $0.0365 | Dec 29, 2025 |
| Nov 24, 2025 | $0.034 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0302 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0308 | Sep 25, 2025 |
| Aug 26, 2025 | $0.031 | Aug 26, 2025 |