Principal Opportunistic Municipal Fund Institutional Class (POMFX)
| Fund Assets | 185.42M |
| Expense Ratio | 0.80% |
| Min. Investment | $0.00 |
| Turnover | 85.70% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.73% |
| Dividend Growth | -0.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.59 |
| YTD Return | 3.13% |
| 1-Year Return | 8.07% |
| 5-Year Return | 0.16% |
| 52-Week Low | 9.10 |
| 52-Week High | 9.63 |
| Beta (5Y) | 0.16 |
| Holdings | 154 |
| Inception Date | Mar 10, 2015 |
About POMFX
Principal Opportunistic Municipal Fund Institutional Class is a mutual fund specializing in municipal bonds, with a mandate to provide a high level of income exempt from federal income tax while seeking to protect investors’ capital. The fund primarily invests at least 80% of its assets in municipal obligations issued by states, local governments, and their agencies, which finance public projects across various sectors including infrastructure, education, and healthcare. This approach allows for diversification within the municipal bond market and provides potential tax advantages to investors. Distinguishing itself with an opportunistic strategy, the fund actively manages holdings to capture value in different market conditions, including allocations to higher-yielding or non-traditional municipal securities when favorable opportunities arise. With over 130 holdings and notable representation in sectors such as public finance and utilities, the fund aims to deliver risk-adjusted, tax-efficient returns. Its management emphasizes capital preservation and income generation, positioning the fund as a tool for investors seeking stable income with relatively lower volatility compared to other high-yield fixed income investments.
Performance
POMFX had a total return of 8.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.12%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PMOAX | Class A | 1.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03709 | Jun 30, 2026 |
| May 29, 2026 | $0.03843 | May 29, 2026 |
| Apr 30, 2026 | $0.03694 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03819 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03494 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03855 | Jan 30, 2026 |