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 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% |
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 |