Principal Government & High Quality Bond Fund Class J (PMRJX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.84
-0.04 (-0.45%)
Feb 18, 2025, 2:49 PM EST
-0.67%
Fund Assets 1.49B
Expense Ratio 0.93%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.26
Dividend Yield 2.87%
Dividend Growth 10.97%
Payout Frequency Monthly
Ex-Dividend Date Feb 28, 2025
Previous Close 8.88
YTD Return 0.40%
1-Year Return 1.98%
5-Year Return -9.07%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 373
Inception Date Dec 15, 2008

About PMRJX

The Fund's investment strategy focuses on US Mortgage with 0.82% total expense ratio. The minimum amount to invest in Principal Funds, Inc: Government & High Quality Bond Fund; Class J Shares is $1,000 on a standard taxable account. Principal Funds, Inc: Government & High Quality Bond Fund; Class J 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 PMRJX
Share Class Class J
Index Bloomberg US MBS Fixed Rate TR

Performance

PMRJX had a total return of 1.98% in the past year. Since the fund's inception, the average annual return has been 1.53%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
PMRIX Institutional Class 0.53%
PMREX R-5 0.67%
CMPGX Class A 0.85%
PRCMX R-3 0.98%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Feb 28, 2025 $0.02252 Feb 28, 2025
Jan 31, 2025 $0.02525 Jan 31, 2025
Dec 31, 2024 $0.02398 Dec 31, 2024
Nov 29, 2024 $0.02306 Nov 29, 2024
Oct 31, 2024 $0.02204 Oct 31, 2024
Sep 30, 2024 $0.01874 Sep 30, 2024
Full Dividend History