Principal Inflation Protection Fund R-3 Class (PIFPX)
| Fund Assets | 2.30B |
| Expense Ratio | 0.96% |
| Min. Investment | $0.00 |
| Turnover | 109.60% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.90% |
| Dividend Growth | -7.62% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 7.42 |
| YTD Return | 4.21% |
| 1-Year Return | 3.04% |
| 5-Year Return | 1.73% |
| 52-Week Low | 7.08 |
| 52-Week High | 7.61 |
| Beta (5Y) | n/a |
| Holdings | 346 |
| Inception Date | Dec 29, 2004 |
About PIFPX
Principal Inflation Protection Fund R-3 Class is a mutual fund designed to deliver current income and preserve purchasing power by generating real returns after inflation. The fund primarily invests in inflation-indexed bonds—also known as inflation-protected securities—issued by U.S. and non-U.S. governments, their agencies, and various corporations. These unique fixed-income instruments adjust their principal value in line with inflation, making them especially relevant for investors seeking to buffer their portfolios against rising consumer prices. The fund typically maintains a portfolio duration that closely tracks the Bloomberg U.S. Treasury Inflation Protected Securities Index, while also selectively allocating to government and corporate issuers globally. With a diversified portfolio and a medium-term interest rate sensitivity, this fund plays a specialized role in the broader fixed-income market, offering a targeted solution for inflation protection within retirement and institutional portfolios. Annual dividend distributions and moderate credit quality further define its approach to risk and income generation, making it a tool for managing inflationary pressures over the investment cycle.
Performance
PIFPX had a total return of 3.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.20%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
167.09% of assets| Name | Symbol | Weight |
|---|---|---|
| RECV LCH INTEREST RATE SW Receive | n/a | 33.53% |
| RECV LCH INTEREST RATE SW Receive | n/a | 33.53% |
| RECV LCH INTEREST RATE SW Receive | n/a | 33.53% |
| Future on 2 Year Treasury Note | n/a | 18.28% |
| Payout At Expiry If Usd-Sofr Iceswap>=5.2 And Difference Of Us 10-Year Swap | n/a | 16.12% |
| Payout At Expiry If Usd-Sofr Iceswap>=6.0 And Difference Of Us 10-Year Swap | n/a | 16.12% |
| 5 Year Interest Rate Swap Receive | n/a | 4.18% |
| United States Treasury Notes | TII.1.625 10.15.29 | 4.04% |
| United States Treasury Notes | TII.1.875 07.15.34 | 4.01% |
| United States Treasury Notes | TII.1.75 01.15.34 | 3.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.2158 | Dec 27, 2024 |
| Dec 27, 2023 | $0.2336 | Dec 27, 2023 |
| Dec 28, 2022 | $0.4478 | Dec 28, 2022 |
| Dec 29, 2021 | $0.3263 | Dec 29, 2021 |
| Dec 20, 2021 | $0.2924 | Dec 20, 2021 |
| Dec 29, 2020 | $0.0327 | Dec 29, 2020 |