Principal Core Fixed Income R5 (PIOQX)
| Fund Assets | 10.06B |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | 13.40% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.58% |
| Dividend Growth | 5.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.57 |
| YTD Return | -0.09% |
| 1-Year Return | 3.59% |
| 5-Year Return | -2.44% |
| 52-Week Low | 8.51 |
| 52-Week High | 8.83 |
| Beta (5Y) | 0.09 |
| Holdings | 465 |
| Inception Date | Mar 1, 2010 |
About PIOQX
Principal Core Fixed Income Fund R5 is a mutual fund focused on providing broad exposure to the U.S. investment-grade fixed-income market. The fund primarily invests in a diversified portfolio of fixed-income securities, including corporate bonds, U.S. government obligations, mortgage-backed securities, and asset-backed securities. Its primary objective is to offer investors consistent income and preservation of capital through high-quality debt instruments. The fund employs a sector allocation approach, adjusting exposures to areas such as corporate debt, government securities, and structured products, which allows it to respond to market changes and varying interest rate environments. Notably, its portfolio is actively managed by a team of experienced professionals who use credit analysis, yield curve positioning, and issuer selection to enhance returns relative to its benchmark, the Bloomberg U.S. Aggregate Bond Index. The Principal Core Fixed Income Fund R5 plays a significant role for investors seeking core fixed-income exposure, serving as a foundational piece for balanced portfolios, retirement accounts, and institutional mandates, with an emphasis on risk-adjusted returns and diversification within the bond market.
Performance
PIOQX had a total return of 3.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.58%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02566 | Jun 30, 2026 |
| May 29, 2026 | $0.02647 | May 29, 2026 |
| Apr 30, 2026 | $0.02549 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02538 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02331 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02611 | Jan 30, 2026 |