Principal Inflation Protection R5 (PBPPX)

Fund Assets	2.15B
Expense Ratio	0.37%
Min. Investment	$1,000
Turnover	155.40%
Dividend (ttm)	0.34
Dividend Yield	4.53%
Dividend Growth	39.50%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	7.54
YTD Return	0.67%
1-Year Return	1.18%
5-Year Return	0.11%
52-Week Low	7.47
52-Week High	7.92
Beta (5Y)	0.10
Holdings	53
Inception Date	Dec 29, 2004

About PBPPX

Principal Inflation Protection Fund R-5 Class is a mutual fund designed to offer investors both current income and inflation-adjusted total returns. This fund primarily allocates its assets to inflation-indexed bonds with varying maturities, which are issued by U.S. and non-U.S. governments, government agencies, and corporations. Its strategy focuses on securities specifically structured to protect against inflation, helping to preserve purchasing power over time. The fund maintains an average portfolio duration closely aligned with the Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) Index, offering diversification across the inflation-protected fixed income sector. Principal Inflation Protection Fund R-5 Class plays a distinct role in the financial markets by serving as a specialized tool for investors seeking to hedge against inflation risk, making it particularly relevant during periods of rising price levels and economic uncertainty.

• Fund Family: Principal Funds
• Category: Inflation-Protected Bond
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PBPPX
• Share Class: R-5
• Index: Bloomberg U.S. TIPS TR

Performance

PBPPX had a total return of 1.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWRSX	Schwab	Schwab Treasury Inflation Protected Securities Index Fund	0.05%
VIPSX	Vanguard	Vanguard Inflation-Protected Securities Fund Investor Shares	0.20%
FIPDX	Fidelity	Fidelity Inflation-Protected Bond Index Fund	0.05%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PIPIX	Institutional Class	0.11%
PIPJX	Class J	0.52%
PIFPX	R-3	0.68%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.3408	Dec 29, 2025
Dec 27, 2024	$0.2443	Dec 27, 2024
Dec 27, 2023	$0.2341	Dec 27, 2023
Dec 28, 2022	$0.4684	Dec 28, 2022
Dec 29, 2021	$0.3711	Dec 29, 2021
Dec 20, 2021	$0.2924	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:

Aug 25, 2026

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