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%
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.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
PMRIX Institutional Class 0.53%
CMPGX Class A 0.85%
PMRJX Class J 0.93%
PRCMX R-3 0.98%

Top 10 Holdings

40.77% of assets
Name 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%
View More Holdings

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
Full Dividend History