Principal Government & High Quality Bond Fund Institutional Class (PMRIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.86
+0.02 (0.23%)
Apr 22, 2025, 4:00 PM EDT
2.90% (1Y)
| Fund Assets | 616.60M |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.28% |
| Dividend Growth | 9.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 8.84 |
| YTD Return | 1.05% |
| 1-Year Return | 5.97% |
| 5-Year Return | -6.41% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 363 |
| 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 5.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.40%.
Top 10 Holdings
39.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 5.75% |
| Federal National Mortgage Association | FNCL 6 4.11 | 5.68% |
| Government National Mortgage Association | G2SF 6 4.11 | 5.40% |
| United States Treasury Bills | B 0 04.22.25 | 4.11% |
| Government National Mortgage Association | G2SF 5.5 4.11 | 3.71% |
| Government National Mortgage Association | G2SF 5 4.11 | 3.49% |
| Federal National Mortgage Association | FNCL 5 4.11 | 3.30% |
| 10 Year Treasury Note Future June 25 | n/a | 3.09% |
| Federal National Mortgage Association | FNCL 5.5 4.11 | 3.04% |
| Federal Home Loan Mortgage Corp. | FR SD0783 | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02692 | Mar 31, 2025 |
| 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 |