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	4.40%
Dividend Growth	45.09%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	7.09
YTD Return	-1.80%
1-Year Return	-2.54%
5-Year Return	-4.13%
52-Week Low	7.05
52-Week High	7.64
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 -2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.14%.

Equivalent Funds

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

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

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:

Oct 16, 2026

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