Principal Government & High Qual Bd R3 (PRCMX)

Fund Assets	520.12M
Expense Ratio	0.98%
Min. Investment	$0.00
Turnover	268.00%
Dividend (ttm)	0.32
Dividend Yield	3.61%
Dividend Growth	11.32%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	8.80
YTD Return	-2.50%
1-Year Return	-1.65%
5-Year Return	-5.67%
52-Week Low	8.74
52-Week High	9.31
Beta (5Y)	n/a
Holdings	298
Inception Date	Dec 15, 2008

About PRCMX

Principal Government & High Quality Bond Fund R3 is an actively managed mutual fund in the intermediate government bond category. Its primary objective is to generate a high level of current income while maintaining safety and liquidity. The fund typically invests at least 80% of its assets in high-quality government and agency securities, including U.S. Treasuries, agency mortgage-backed securities, and other debt instruments backed by the U.S. government or its agencies. Portfolio management utilizes a mix of cash holdings, Treasury futures, and securities delivered through TBA (To Be Announced) transactions to optimize fixed-income exposure. The fund is managed by experienced professionals from Principal Global Investors and is positioned to serve investors seeking stable fixed-income returns within a diversified portfolio. Given its focus on government and high-grade securities, the fund plays a significant role for institutions and individuals prioritizing capital preservation and interest income over higher-yield, higher-risk alternatives. Note that its expense ratio is higher than many category peers, which may impact net returns relative to comparable funds.

• Fund Family: Principal Funds
• Category: US Mortgage
• Performance Rating: Low
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: PRCMX
• Share Class: R-3
• Index: Bloomberg US MBS Fixed Rate TR

Performance

PRCMX had a total return of -1.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.

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	0.80%
PMRJX	Class J	0.87%

Top 10 Holdings

33.72% of assets

Name	Symbol	Weight
Cash Offset	n/a	17.68%
Government National Mortgage Association	G2.MB0024	2.43%
Government National Mortgage Association	G2.MA8800	2.03%
Federal Home Loan Mortgage Corp.	FR.SL4545	1.76%
Federal National Mortgage Association	FN.FS1953	1.71%
Government National Mortgage Association	G2.MA6709	1.70%
Federal Home Loan Mortgage Corp.	FR.SL4559	1.70%
Federal Home Loan Mortgage Corp.	FR.SD8173	1.58%
Federal National Mortgage Association	FN.FS8336	1.57%
Federal National Mortgage Association	FN.MA5038	1.56%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.02708	Aug 31, 2026
Jul 31, 2026	$0.03063	Jul 31, 2026
Jun 30, 2026	$0.02747	Jun 30, 2026
May 29, 2026	$0.02775	May 29, 2026
Apr 30, 2026	$0.02673	Apr 30, 2026
Mar 31, 2026	$0.02631	Mar 31, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 20, 2026

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