Principal Core Plus Bond Fund R-3 Class (PBMMX)
| Fund Assets | 531.27M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 159.60% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.05% |
| Dividend Growth | 16.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 28, 2025 |
| Previous Close | 8.96 |
| YTD Return | 3.20% |
| 1-Year Return | 2.51% |
| 5-Year Return | -7.55% |
| 52-Week Low | 8.76 |
| 52-Week High | 9.39 |
| Beta (5Y) | n/a |
| Holdings | 830 |
| 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 2.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.14%.
Top 10 Holdings
43.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Future on 2 Year Treasury Note | n/a | 18.86% |
| Future on 5 Year Treasury Note | n/a | 5.46% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 4.01% |
| 10 Year Treasury Note Future Sept 25 | n/a | 3.98% |
| Principal Government Money Market R-6 | PGWXX | 2.68% |
| Government National Mortgage Association | G2SF.5.5 7.11 | 2.22% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 2.21% |
| United States Treasury Bills | B.0 08.28.25 | 1.56% |
| Vanguard Short-Term Corporate Bond ETF | VCSH | 1.47% |
| United States Treasury Bills | B.0 07.17.25 | 1.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 28, 2025 | $0.0303 | Jul 28, 2025 |
| Jun 25, 2025 | $0.0301 | Jun 25, 2025 |
| May 27, 2025 | $0.0281 | May 27, 2025 |
| Apr 25, 2025 | $0.0314 | Apr 25, 2025 |
| Mar 26, 2025 | $0.0317 | Mar 26, 2025 |
| Feb 25, 2025 | $0.0306 | Feb 25, 2025 |