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% (1Y)
| 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.
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 | $0.02252 | 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 |