Principal Government & High Quality Bond Fund Institutional Class (PMRIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.86
+0.02 (0.23%)
May 29, 2025, 4:00 PM EDT
2.43% (1Y)
| Fund Assets | 616.60M |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.07% |
| Dividend Growth | 12.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 8.84 |
| YTD Return | 1.05% |
| 1-Year Return | 5.23% |
| 5-Year Return | -7.49% |
| 52-Week Low | 8.68 |
| 52-Week High | 9.33 |
| Beta (5Y) | n/a |
| Holdings | 359 |
| 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
Stock Exchange NASDAQ
Ticker Symbol PMRIX
Share Class Institutional Class
Index Bloomberg US MBS Fixed Rate TR
Performance
PMRIX had a total return of 5.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.40%.
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 |
|---|---|---|
| Apr 30, 2025 | $0.02815 | Apr 30, 2025 |
| 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 |