Principal Diversified Income R6 (PGBLX)
| Fund Assets | 2.15B |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000 |
| Turnover | 92.90% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 6.34% |
| Dividend Growth | -0.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 11.48 |
| YTD Return | -0.18% |
| 1-Year Return | 2.37% |
| 5-Year Return | 11.08% |
| 52-Week Low | 11.39 |
| 52-Week High | 12.11 |
| Beta (5Y) | 0.48 |
| Holdings | 3277 |
| 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 2.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.34%.
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 I | 0.86% |
| FIWBX | Fidelity | Fidelity Advisor Multi-Asset Income Z | 0.76% |
| FAZYX | Fidelity | Fidelity Advisor Multi-Asset Income M | 1.10% |
| FMSDX | Fidelity | Fidelity Multi-Asset Income Fund | 0.82% |
| FWATX | Fidelity | Fidelity Advisor Multi-Asset Income A | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.060 | Jun 25, 2026 |
| May 26, 2026 | $0.057 | May 26, 2026 |
| Apr 27, 2026 | $0.0572 | Apr 27, 2026 |
| Mar 26, 2026 | $0.0576 | Mar 26, 2026 |
| Feb 24, 2026 | $0.0571 | Feb 24, 2026 |
| Jan 27, 2026 | $0.0576 | Jan 27, 2026 |