Principal Diversified Income Fund Class C (PGDCX)

Fund Assets	2.02B
Expense Ratio	1.74%
Min. Investment	$1,000
Turnover	92.90%
Dividend (ttm)	0.60
Dividend Yield	5.21%
Dividend Growth	0.79%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 28, 2026

Previous Close	11.44
YTD Return	-0.69%
1-Year Return	0.48%
5-Year Return	3.79%
52-Week Low	11.36
52-Week High	12.11
Beta (5Y)	0.48
Holdings	3158
Inception Date	Dec 15, 2008

About PGDCX

Principal Diversified Income Fund Class C is a multisector bond mutual fund designed to generate income through a diversified, risk-aware approach across global credit markets. The fund primarily allocates to fixed income securities, including investment‑grade corporates, high yield bonds, preferred securities, securitized products, and emerging market debt, allowing it to tap multiple sources of coupon income and credit premia while managing duration and credit risk dynamically. It employs a flexible allocation framework and uses derivatives selectively for hedging and efficient exposure, supported by a seasoned portfolio management team with deep credit and multi-asset experience. The strategy’s role in the market is to provide a single, actively managed vehicle for cross‑sector fixed income exposure, aiming to smooth income across cycles and reduce reliance on any one segment of the bond market. Within its Morningstar category, it is positioned as a diversified income option with an intermediate effective duration profile and a yield characteristic consistent with multisector bond peers. Investors often use it as a core-plus income holding or as a complement to traditional aggregate bond allocations.

• Fund Family: Principal Funds
• Category: Multisector Bond
• Performance Rating: Low
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PGDCX
• Share Class: Class C
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

PGDCX had a total return of 0.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.04%.

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	0.86%
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 Fund - Class A	1.11%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PGBLX	R-6	0.73%
PGDIX	Institutional Class	0.73%
PGBAX	Class A	1.07%

Top 10 Holdings

10.32% of assets

Name	Symbol	Weight
iShares Broad USD High Yield Corporate Bond ETF	USHY	2.39%
Principal Government Money Market R-6	PGWXX	2.35%
Specialty Stl Holdco Inc 12%	n/a	1.00%
2 Year Treasury Note Future Sept 26	n/a	0.91%
Real Alloy Cmn	n/a	0.76%
CURRENCY CONTRACT - USD Purchased	n/a	0.75%
TNOTE 3.6 REPO	n/a	0.61%
Vanguard Intermediate-Term Corporate Bond ETF	VCIT	0.53%
ENGINEERED MACHINERY	n/a	0.51%
Athenahealth Group Inc. 6.5%	ATHENA.6.5 02.15.30 144A	0.51%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 28, 2026	$0.0475	Jul 28, 2026
Jun 25, 2026	$0.0479	Jun 25, 2026
May 26, 2026	$0.0473	May 26, 2026
Apr 27, 2026	$0.046	Apr 27, 2026
Mar 26, 2026	$0.0461	Mar 26, 2026
Feb 24, 2026	$0.0468	Feb 24, 2026

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 27, 2026

Data Sources Report a data error