Principal Core Fixed Income Fund Institutional Class (PIOIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.62
+0.02 (0.23%)
Jun 26, 2025, 4:00 PM EDT
1.29% (1Y)
| Fund Assets | 10.16B |
| Expense Ratio | 0.44% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.52% |
| Dividend Growth | 5.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 8.60 |
| YTD Return | 2.26% |
| 1-Year Return | 3.74% |
| 5-Year Return | -3.96% |
| 52-Week Low | 8.35 |
| 52-Week High | 8.88 |
| Beta (5Y) | n/a |
| Holdings | 495 |
| Inception Date | Dec 15, 1975 |
About PIOIX
The Fund's investment strategy focuses on Core Bond with 0.58% total expense ratio. Principal Funds, Inc: Core Fixed Income Fund; Institutional Class Shares seeks current income consistent with protection of capital. PIOIX invests primarily in the following security types: investment-grade and convertible debt; U.S. government or agency securities; obligations of U.S. banks that belong to the Federal Reserve System; preferred and convertible preferred stocks.
Category Intermediate Core Bond
Stock Exchange NASDAQ
Ticker Symbol PIOIX
Share Class Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
Performance
PIOIX had a total return of 3.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
11.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Future on 2 Year Treasury Note | n/a | 6.01% |
| Principal Government Money Market R-6 | PGWXX | 1.01% |
| AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 0.58% |
| Biogen Inc 2.25% | BIIB.2.25 05.01.30 | 0.55% |
| American Tower Corporation 2.75% | AMT.2.75 01.15.27 | 0.50% |
| Truist Bank (North Carolina) 4.632% | TFC.V4.632 09.17.29 BKNT | 0.49% |
| Ryder System, Inc. 2.9% | R.2.9 12.01.26 MTN | 0.48% |
| PNC Bank National Association Pittsburgh Pennsylvania 2.7% | PNC.2.7 10.22.29 BKNT | 0.47% |
| PPL Electric Utilities Corporation 5.25% | PPL.5.25 05.15.53 | 0.46% |
| American Honda Finance Corporation 5.8% | HNDA.5.8 10.03.25 GMTN | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02757 | May 30, 2025 |
| Apr 30, 2025 | $0.02574 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0246 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0234 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02681 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02595 | Dec 31, 2024 |