Principal Bond Market Index R3 (PBOIX)

Fund Assets	3.17B
Expense Ratio	0.69%
Min. Investment	$0.00
Turnover	43.10%
Dividend (ttm)	0.29
Dividend Yield	3.61%
Dividend Growth	16.40%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	8.10
YTD Return	-2.76%
1-Year Return	-1.93%
5-Year Return	-6.37%
52-Week Low	8.10
52-Week High	8.68
Beta (5Y)	n/a
Holdings	4305
Inception Date	Dec 30, 2009

About PBOIX

Principal Bond Market Index Fund R-3 Class is an open-end mutual fund focused on delivering broad exposure to the U.S. investment-grade bond market through a passive, index-based investment strategy. The fund primarily seeks to provide current income by investing at least 80% of its assets in securities designed to track the Bloomberg U.S. Aggregate Bond Index, a widely recognized benchmark that includes government, corporate, and securitized (such as mortgage-backed and asset-backed) bonds with maturities of one year or more. By employing a sampling approach, the fund aims to closely mirror the risk and return characteristics of the index without holding every individual security. Positioned within the intermediate core bond category, the fund serves as a foundational fixed-income option for investors seeking diversification and relative stability in their portfolios. Its role in the financial market is to provide investors—often through retirement plans or larger portfolios—with consistent income and risk moderation, reflecting the broader movements of the U.S. bond market while maintaining liquidity and transparency.

• Fund Family: Principal Funds
• Category: Intermediate Core Bond
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PBOIX
• Share Class: R-3
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

PBOIX had a total return of -1.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.55%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PNIIX	Institutional Class	0.12%
PBIQX	R-5	0.38%
PBIJX	Class J	0.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.2924	Dec 19, 2025
Dec 20, 2024	$0.2512	Dec 20, 2024
Dec 21, 2023	$0.3052	Dec 21, 2023
Dec 21, 2022	$0.087	Dec 21, 2022
Dec 21, 2021	$0.1006	Dec 21, 2021
Dec 20, 2021	$0.0316	Dec 20, 2021

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 26, 2026

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