Principal Diversified Income Fund Class A (PGBAX)
| Fund Assets | 2.90B |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 5.62% |
| Dividend Growth | -7.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 27, 2025 |
| Previous Close | 11.85 |
| YTD Return | 2.02% |
| 1-Year Return | 6.21% |
| 5-Year Return | 29.42% |
| 52-Week Low | 11.62 |
| 52-Week High | 12.23 |
| Beta (5Y) | 0.33 |
| Holdings | 3058 |
| Inception Date | Dec 15, 2008 |
About PGBAX
PGBAX was founded on 2008-12-15. The Fund's investment strategy focuses on Flexible Portfolio with 1.01% total expense ratio. The minimum amount to invest in Principal Funds, Inc: Global Diversified Income Fund; Class A Shares is $1,000 on a standard taxable account. Principal Funds, Inc: Global Diversified Income Fund; Class A Shares seeks consistent cash income through a diversified, yield-focused investment strategy. PGBAX will invest a majority of its assets in fixed income asset classes, such as high yield bonds, preferred stocks, and emerging market debt securities.
Performance
PGBAX had a total return of 6.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAYZX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class I | 0.80% |
| FIWBX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class Z | 0.80% |
| FAZYX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class M | 0.80% |
| FMSDX | Fidelity | Fidelity Multi-Asset Income Fund | 0.80% |
| FWATX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class A | 0.80% |
Top 10 Holdings
13.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 4.20% |
| Cliffwater Enhanced Lending Fund | CELFX | 1.71% |
| Specialty Stl Holdco Inc 14.44343% | n/a | 1.64% |
| Ultra US Treasury Bond Future June 25 | n/a | 1.48% |
| Real Alloy Cmn | n/a | 1.19% |
| TNOTE 4.3 REPO | n/a | 0.88% |
| SNY TL 2L | n/a | 0.86% |
| ENGINEERED MACHINERY | n/a | 0.62% |
| Minerva Merger Subordinated Inc. 6.5% | ATHENA.6.5 02.15.30 144A | 0.59% |
| Government National Mortgage Association | G2SF.5.5 4.11 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 27, 2025 | $0.0548 | May 27, 2025 |
| Apr 25, 2025 | $0.053 | Apr 25, 2025 |
| Mar 26, 2025 | $0.0536 | Mar 26, 2025 |
| Feb 25, 2025 | $0.054 | Feb 25, 2025 |
| Jan 28, 2025 | $0.053 | Jan 28, 2025 |
| Dec 27, 2024 | $0.0736 | Dec 27, 2024 |