Principal Inflation Protection J (PIPJX)

Fund Assets	2.04B
Expense Ratio	0.517%
Min. Investment	$1,000
Turnover	155.40%
Dividend (ttm)	0.33
Dividend Yield	4.67%
Dividend Growth	44.00%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	7.04
YTD Return	-1.95%
1-Year Return	-2.74%
5-Year Return	-3.56%
52-Week Low	7.01
52-Week High	7.60
Beta (5Y)	0.10
Holdings	53
Inception Date	Dec 29, 2004

About PIPJX

The Principal Inflation Protection Fund Class J is a mutual fund designed to deliver current income and real, inflation-adjusted total returns by investing primarily in inflation-protected debt securities. It focuses on bonds whose principal values are linked to inflation indexes, such as Treasury Inflation-Protected Securities (TIPS) issued by the U.S. government, but may also include similar instruments from non-U.S. governments and corporations. This approach helps shield investors’ purchasing power from the eroding effects of inflation, making the fund particularly relevant for those seeking stable income in a fluctuating economic environment. The fund maintains an average portfolio duration within 20% of the Bloomberg U.S. Treasury TIPS Index’s duration, ensuring sensitivity to changes in interest rates similar to its key benchmark. Managed with both strategic and active asset allocation, the Principal Inflation Protection Fund Class J serves as a core holding for investors looking to incorporate diversification and inflation protection within their fixed income allocation, while retaining flexibility to respond to shifts in the interest rate and inflation outlooks.

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

Performance

PIPJX had a total return of -2.74% 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	0.20%
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%
PIFPX	R-3	0.68%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.3299	Dec 29, 2025
Dec 27, 2024	$0.2291	Dec 27, 2024
Dec 27, 2023	$0.2476	Dec 27, 2023
Dec 28, 2022	$0.458	Dec 28, 2022
Dec 29, 2021	$0.3607	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

Data Sources Report a data error