Principal Government & High Quality Bond Fund Institutional Class (PMRIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.96
-0.01 (-0.11%)
Mar 7, 2025, 3:03 PM EST
0.45% (1Y)
| Fund Assets | 616.60M |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.17% |
| Dividend Growth | 7.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.97 |
| YTD Return | 1.91% |
| 1-Year Return | 3.42% |
| 5-Year Return | -6.47% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 373 |
| Inception Date | Mar 23, 1998 |
About PMRIX
The Fund's investment strategy focuses on US Mortgage with 0.53% total expense ratio. Principal Funds, Inc: Government & High Quality Bond Fund; Institutional Class 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 PMRIX
Share Class Institutional Class
Index Bloomberg US MBS Fixed Rate TR
Performance
PMRIX had a total return of 3.42% in the past year. Since the fund's inception, the average annual return has been 1.44%, 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 | $0.02498 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02807 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02662 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02541 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02385 | Oct 31, 2024 |
| Sep 30, 2024 | $0.02079 | Sep 30, 2024 |