Principal Core Fixed Income Fund Institutional Class (PIOIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.56
+0.03 (0.35%)
Apr 25, 2025, 4:00 PM EDT
3.26% (1Y)
| Fund Assets | 10.16B |
| Expense Ratio | 0.44% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.51% |
| Dividend Growth | 7.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 8.53 |
| YTD Return | 1.78% |
| 1-Year Return | 6.64% |
| 5-Year Return | -2.27% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 498 |
| 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
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PIOIX
Share Class Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
Performance
PIOIX had a total return of 6.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.81%.
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 |
|---|---|---|
| 2 Year Treasury Note Future June 25 | n/a | 6.67% |
| AbbVie Inc. 5.05% | ABBV 5.05 03.15.34 | 0.56% |
| Biogen Inc 2.25% | BIIB 2.25 05.01.30 | 0.54% |
| American Tower Corporation 2.75% | n/a | 0.48% |
| Truist Bank (North Carolina) 4.632% | TFC V4.632 09.17.29 BKNT | 0.47% |
| PPL Electric Utilities Corporation 5.25% | PPL 5.25 05.15.53 | 0.47% |
| Ryder System, Inc. 2.9% | n/a | 0.47% |
| PNC Bank National Association Pittsburgh Pennsylvania 2.7% | PNC 2.7 10.22.29 BKNT | 0.46% |
| American Honda Finance Corporation 5.8% | HNDA 5.8 10.03.25 GMTN | 0.45% |
| NextEra Energy Capital Holdings Inc 2.75% | NEE 2.75 11.01.29 | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Nov 29, 2024 | $0.02571 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02548 | Oct 31, 2024 |