Principal Core Plus Bond Fund R-3 Class (PBMMX)
| Fund Assets | 493.05M |
| Expense Ratio | 1.02% |
| Min. Investment | $1,000 |
| Turnover | 165.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.22% |
| Dividend Growth | 4.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 27, 2026 |
| Previous Close | 8.99 |
| YTD Return | -0.39% |
| 1-Year Return | 3.66% |
| 5-Year Return | -3.56% |
| 52-Week Low | 8.81 |
| 52-Week High | 9.21 |
| Beta (5Y) | n/a |
| Holdings | 783 |
| 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 3.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.20%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 27, 2026 | $0.0326 | Apr 27, 2026 |
| Mar 26, 2026 | $0.0314 | Mar 26, 2026 |
| Feb 24, 2026 | $0.0325 | Feb 24, 2026 |
| Jan 27, 2026 | $0.0302 | Jan 27, 2026 |
| Dec 29, 2025 | $0.0365 | Dec 29, 2025 |
| Nov 24, 2025 | $0.034 | Nov 24, 2025 |