Principal Diversified Income Fund Class R6 (PGBLX)
| Fund Assets | 2.44B |
| Expense Ratio | 0.69% |
| Min. Investment | $0.00 |
| Turnover | 86.30% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 6.12% |
| Dividend Growth | -7.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 28, 2025 |
| Previous Close | 11.88 |
| YTD Return | 4.09% |
| 1-Year Return | 5.38% |
| 5-Year Return | 26.72% |
| 52-Week Low | 11.54 |
| 52-Week High | 12.15 |
| Beta (5Y) | n/a |
| Holdings | 3075 |
| Inception Date | Jun 12, 2017 |
About PGBLX
Principal Diversified Income Fund Class R6 is a mutual fund designed to deliver a diversified stream of income by investing across a broad range of global credit sectors. Its primary objective is to provide consistent cash income through a yield-focused, risk-aware investment approach, allocating the majority of its assets to fixed income securities such as high yield bonds, preferred stocks, and emerging market debt. The fund is categorized as a multisector bond fund, meaning it combines asset classes with varied risk and return profiles to enhance diversification and income opportunities. Managed by experienced investment professionals, the fund aims to balance risk and return through careful portfolio construction while maintaining monthly income distributions. With over three thousand holdings and substantial assets under management, the fund plays a significant role for investors and institutions seeking exposure to multiple segments of the fixed income market in a single investment vehicle. Its strategic blend of bond types and geographies positions it as a core holding for diversified income generation and portfolio risk mitigation in the broader financial market.
Performance
PGBLX had a total return of 5.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.46%.
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
12.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 3.92% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 1.56% |
| Specialty Stl Holdco Inc 14.25189% | n/a | 1.42% |
| Real Alloy Cmn | n/a | 1.13% |
| CURRENCY CONTRACT - USD Purchased | n/a | 0.78% |
| TNOTE 4.3 REPO | n/a | 0.74% |
| Vanguard Intermediate-Term Corporate Bond ETF | VCIT | 0.72% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 0.72% |
| 10 Year Treasury Note Future Sept 25 | n/a | 0.67% |
| United States Treasury Bills | B.0 07.01.25 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 28, 2025 | $0.0554 | Jul 28, 2025 |
| Jun 25, 2025 | $0.0586 | Jun 25, 2025 |
| May 27, 2025 | $0.0581 | May 27, 2025 |
| Apr 25, 2025 | $0.0564 | Apr 25, 2025 |
| Mar 26, 2025 | $0.0569 | Mar 26, 2025 |
| Feb 25, 2025 | $0.0573 | Feb 25, 2025 |