Principal Core Plus Bond Fund Class A (PRBDX)
| Fund Assets | 507.71M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000 |
| Turnover | 165.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.09% |
| Dividend Growth | 8.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 9.24 |
| YTD Return | 1.39% |
| 1-Year Return | 8.06% |
| 5-Year Return | -2.32% |
| 52-Week Low | 8.88 |
| 52-Week High | 9.62 |
| Beta (5Y) | 0.30 |
| Holdings | 809 |
| Inception Date | Jun 28, 2005 |
About PRBDX
Principal Core Plus Bond Fund Class A is a mutual fund that primarily aims to provide current income, with a secondary focus on capital appreciation. It invests at least 80% of its assets in intermediate maturity, investment-grade fixed income and debt securities, specifically those rated BBB- or higher by leading credit rating agencies. The fund is managed by a team of experienced professionals and its portfolio consists largely of U.S. Treasury securities, government-backed mortgage instruments, and high-quality corporate bonds. This structure enables broad diversification across market sectors while maintaining an emphasis on credit quality and interest rate management. Within the broader context of the financial market, the fund plays a significant role for investors seeking a balance between yield and risk, especially within the intermediate-term bond category. It tracks its performance relative to the Bloomberg U.S. Aggregate Bond Index and distributes income monthly, making it a core fixed income holding for those looking to moderate portfolio volatility and generate steady income streams.
Performance
PRBDX had a total return of 8.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.20%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0321 | Jan 27, 2026 |
| Dec 29, 2025 | $0.038 | Dec 29, 2025 |
| Nov 24, 2025 | $0.0355 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0318 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0323 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0324 | Aug 26, 2025 |