Principal Government & High Quality Bond Fund R-5 Class (PMREX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.01
+0.03 (0.33%)
Feb 26, 2025, 10:54 AM EST
1.24% (1Y)
Fund Assets | 1.49B |
Expense Ratio | 0.67% |
Min. Investment | $0.00 |
Turnover | n/a |
Dividend (ttm) | 0.27 |
Dividend Yield | 3.03% |
Dividend Growth | 7.60% |
Payout Frequency | Monthly |
Ex-Dividend Date | Feb 28, 2025 |
Previous Close | 8.98 |
YTD Return | 2.24% |
1-Year Return | 4.09% |
5-Year Return | -6.64% |
52-Week Low | n/a |
52-Week High | n/a |
Beta (5Y) | n/a |
Holdings | 373 |
Inception Date | Dec 15, 2008 |
About PMREX
The Fund's investment strategy focuses on US Mortgage with 0.67% total expense ratio. Principal Funds, Inc: Government & High Quality Bond Fund; Class R-5 Shares seeks a high level of current income consistent with safety and liquidity by investing primarily in U.S. government securities, including collateralized mortgage obligations and other mortgage-backed securities.
Category Intermediate Government
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PMREX
Share Class R-5
Index Bloomberg US MBS Fixed Rate TR
Performance
PMREX had a total return of 4.09% in the past year. Since the fund's inception, the average annual return has been 1.86%, including dividends.
Top 10 Holdings
40.77% of assetsName | Symbol | Weight |
---|---|---|
Cash Offset | n/a | 16.51% |
Government National Mortgage Association 5% | G2SF 5 2.12 | 3.49% |
Federal National Mortgage Association 6% | FNCL 6 2.12 | 3.38% |
Federal National Mortgage Association 5% | FNCL 5 2.12 | 3.29% |
Government National Mortgage Association 5.5% | G2SF 5.5 2.12 | 3.09% |
Federal National Mortgage Association 5.5% | FNCL 5.5 2.12 | 2.65% |
Government National Mortgage Association 6% | G2SF 6 2.12 | 2.38% |
Federal Home Loan Mortgage Corp. 2% | FR SD0783 | 2.01% |
Government National Mortgage Association 5% | G2 MA8800 | 2.00% |
Government National Mortgage Association 5.5% | G2 MA9106 | 1.99% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Feb 28, 2025 | $0.02402 | Feb 28, 2025 |
Jan 31, 2025 | $0.02699 | Jan 31, 2025 |
Dec 31, 2024 | $0.02556 | Dec 31, 2024 |
Nov 29, 2024 | $0.02435 | Nov 29, 2024 |
Oct 31, 2024 | $0.02278 | Oct 31, 2024 |
Sep 30, 2024 | $0.0198 | Sep 30, 2024 |