Principal Opportunistic Municipal Fund Class A (PMOAX)
| Fund Assets | 181.44M |
| Expense Ratio | 1.07% |
| Min. Investment | $1,000 |
| Turnover | 85.70% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.37% |
| Dividend Growth | 2.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.94 |
| YTD Return | -2.68% |
| 1-Year Return | -0.14% |
| 5-Year Return | -2.31% |
| 52-Week Low | 9.13 |
| 52-Week High | 9.95 |
| Beta (5Y) | n/a |
| Holdings | 150 |
| Inception Date | Jun 14, 2012 |
About PMOAX
Principal Opportunistic Municipal Fund Class A is an actively managed municipal bond mutual fund that focuses on generating a high level of income exempt from federal income tax, while seeking to safeguard investor capital. Targeting the high yield segment of the municipal bond market, the fund invests in a diversified portfolio of U.S. municipal securities, including those with varying credit qualities and maturities. Introduced by Principal Funds in 2012, it is managed by a seasoned team specializing in fixed income strategies. This fund plays a significant role for investors aiming to enhance after-tax income, particularly those in higher tax brackets, and to moderate overall portfolio risk. Notably, municipal bonds historically offer attractive tax-equivalent yields and lower default rates compared to traditional investment-grade bonds, and exhibit lower correlations with other major asset classes. This fund’s opportunistic and flexible approach allows it to adapt to changing market conditions, leveraging multiple sources of potential return while maintaining a primary emphasis on income and capital preservation within the broader fixed income landscape.
Performance
PMOAX had a total return of -0.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.14%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| POMFX | Institutional Class | 0.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03629 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03693 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03133 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03791 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03227 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04096 | Aug 29, 2025 |