Principal Government & High Quality Bond Fund R-5 Class (PMREX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.90
+0.02 (0.23%)
May 30, 2025, 4:00 PM EDT
1.25% (1Y)
| Fund Assets | 1.49B |
| Expense Ratio | 0.67% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.28% |
| Dividend Growth | 14.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 8.88 |
| YTD Return | 1.25% |
| 1-Year Return | 3.62% |
| 5-Year Return | -8.25% |
| 52-Week Low | 8.69 |
| 52-Week High | 9.35 |
| Beta (5Y) | n/a |
| Holdings | 359 |
| 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 3.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.77%.
Top 10 Holdings
35.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 5.68% |
| Federal National Mortgage Association | FNCL.6 5.11 | 4.10% |
| Government National Mortgage Association | G2SF.6 5.11 | 4.02% |
| Federal National Mortgage Association | FNCL.5.5 5.11 | 3.93% |
| Government National Mortgage Association | G2SF.5.5 5.11 | 3.74% |
| Federal National Mortgage Association | FNCL.5 5.11 | 3.32% |
| 10 Year Treasury Note Future June 25 | n/a | 2.82% |
| United States Treasury Bills | B.0 07.17.25 | 2.78% |
| Government National Mortgage Association | G2SF.5 5.11 | 2.76% |
| Federal Home Loan Mortgage Corp. | FR.SD0783 | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02843 | May 30, 2025 |
| Apr 30, 2025 | $0.02712 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02592 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02402 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02699 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02556 | Dec 31, 2024 |