Principal Diversified Income Fund Institutional Class (PGDIX)
| Fund Assets | 2.44B |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | 86.30% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 6.10% |
| Dividend Growth | -7.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 28, 2025 |
| Previous Close | 11.91 |
| YTD Return | 4.18% |
| 1-Year Return | 5.37% |
| 5-Year Return | 26.25% |
| 52-Week Low | 11.54 |
| 52-Week High | 12.16 |
| Beta (5Y) | n/a |
| Holdings | 3075 |
| Inception Date | Dec 15, 2008 |
About PGDIX
Principal Diversified Income Fund Institutional Class is a mutual fund designed to provide diversified sources of income through a risk-aware allocation across global credit markets. The fund primarily invests in a wide range of fixed income securities, including investment-grade corporate bonds, high yield bonds, preferred securities, securitized products, and emerging market debt, seeking to deliver yields that exceed those of standard fixed income portfolios. Managed by an experienced team, the fund employs a dynamic approach, adjusting allocations among different credit sectors based on evolving market conditions and opportunities. By spanning multiple credit segments and geographies, the fund aims to reduce risk while capturing income across varying market environments. Its diversified, multi-sector profile positions it as a core holding for investors looking for consistent income and exposure to both domestic and international credit markets, and it is notably recognized within the multisector bond category for its risk-adjusted performance and broad portfolio construction.
Performance
PGDIX had a total return of 5.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.50%.
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 |