Principal Inflation Protection R3 (PIFPX)

Fund Assets	2.04B
Expense Ratio	0.674%
Min. Investment	$0.00
Turnover	155.40%
Dividend (ttm)	0.31
Dividend Yield	4.35%
Dividend Growth	45.09%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	7.20
YTD Return	-0.55%
1-Year Return	-1.04%
5-Year Return	-2.81%
52-Week Low	7.05
52-Week High	7.61
Beta (5Y)	0.10
Holdings	53
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.

• Fund Family: Principal Funds
• Category: Inflation-Protected Bond
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PIFPX
• Share Class: R-3
• Index: Bloomberg U.S. TIPS TR

Performance

PIFPX had a total return of -1.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.19%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FIPDX	Fidelity	Fidelity Inflation-Protected Bond Index Fund	0.05%
SWRSX	Schwab	Schwab Treasury Inflation Protected Securities Index Fund	0.05%
VIPSX	Vanguard	Vanguard Inflation-Protected Securities Fund Investor Shares	0.21%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PIPIX	Institutional Class	0.11%
PBPPX	R-5	0.37%
PIPJX	Class J	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.3131	Dec 29, 2025
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

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:

Nov 5, 2026

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