Principal Income R6 (PICNX)

9.77 +0.00  +0.00% Dec 10 USD
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Key Stats

Net Asset Value 9.77
Turnover Ratio 9.20%
1 Year Fund Level Flows 4.707B

Performance & Returns

  Total Return Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 0.83% 0.76% 45
3M 0.58% 0.19% 59
6M 3.62% 3.07% 34
YTD 8.85% 8.71% 60
1Y 9.32% 9.30% 65
3Y 4.67% 4.20% 22
5Y 3.53% 3.14% 22
10Y 4.48% 4.20% --
15Y 4.76% 4.33% --
20Y 5.46% 5.18% --
As of Dec. 10, 2019. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 9.21% 15.94% 6.73%
Stock 0.43% 0.43% 0.00%
Bond 89.92% 89.92% 0.00%
Convertible 0.12% 0.12% 0.00%
Preferred 0.32% 0.32% 0.00%
Other 0.00% 0.00% 0.00%
As of Oct. 31, 2019

Region Exposure

Americas 99.35%
North America 99.35%
Latin America 0.00%
Greater Europe 0.65%
United Kingdom 0.05%
Europe Developed 0.60%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of Oct. 31, 2019. Region breakdown data is calculated by using the long position holdings of the portfolio.

PICNX Bond Exposure

Government 14.89%
Corporate 47.35%
Securitized 22.76%
Municipal 0.00%
Cash 15.00%
Derivative 0.00%
As of Oct. 31, 2019

PICNX Bond Credit Quality Exposure

AAA 51.67%
AA 1.22%
A 16.49%
BBB 25.90%
BB 2.46%
B 1.48%
Below B 0.38%
As of Oct. 31, 2019

PICNX Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.35%
183 to 364 Days 1.08%
1 to 3 Years 9.89%
3 to 5 Years 14.53%
5 to 7 Years 13.83%
7 to 10 Years 18.78%
10 to 15 Years 6.73%
15 to 20 Years 3.21%
20 to 30 Years 29.43%
Over 30 Years 2.16%
As of Oct. 31, 2019
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- Interstate Power & Light Company 3.5% 0.94% -- --
-- Fifth Third Bancorp 2.38% 0.85% -- --
-- PNC Bank, National Association 2.7% 0.79% -- --
-- United States Treasury Bonds 3.75% 0.79% -- --
-- BRANCH BANKING & TRUST CO 2.64% 0.78% -- --
-- Citigroup Inc. 2.98% 0.77% -- --
-- Federal Home Loan Mortgage Corporation 3% 0.76% -- --
-- Federal Home Loan Mortgage Corporation 3% 0.75% -- --
-- Fnma Pass-Thru I 3% 0.75% -- --
-- American Tower Corporation 2.75% 0.75% -- --
As of Oct. 31, 2019
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Basic Info

Investment Strategy
The investment seeks to provide a high level of current income consistent with preservation of capital. The fund invests primarily in a diversified pool of investment-grade fixed-income securities, including corporate securities, U.S. government securities, asset-backed securities and mortgage-backed securities. It maintains an average portfolio duration that is within from 75% to 125% of the duration of the Bloomberg Barclays US Aggregate Bond Index.
General
Security Type Mutual Fund
Oldest Share Symbol CMPIX
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Intermediate Core-Plus Bond
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name Principal Funds
Benchmark Index
BBgBarc US Agg Bond TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
John Friedl 14.68 yrs
Scott Peterson 9.46 yrs

Share Classes

Symbol Share Class
CMPIX A
CNMCX C
PIOIX Inst
PIOJX Other
PIOMX Retirement
PIONX Retirement
PIOOX Retirement
PIOPX Retirement
PIOQX Retirement

Net Fund Flows

1M 1.166B
3M 4.175B
6M 4.564B
YTD 4.722B
1Y 4.707B
3Y 4.274B
5Y 4.533B
10Y 5.883B
As of Nov. 30, 2019

Risk Info

Beta (5Y) 0.8418
Historical Sharpe Ratio (10Y) 1.431
Historical Sortino (All) 3.256
Daily Value at Risk (VaR) 1% (All) 0.41%
Monthly Value at Risk (VaR) 1% (All) 1.88%

Fundamentals

Dividend Yield TTM (12-10-19) 3.18%
30-Day SEC Yield (10-31-19) 2.18%
7-Day SEC Yield (12-6-19) 0.00%
Current Yield 3.29%
Yield to Maturity 2.86%
Effective Duration 5.23
Average Coupon 3.48%
Average Credit Score 8.00 (A)
Average Price 105.70
Number of Holdings 408
As of Oct. 31, 2019

Comparables

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Attributes

Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment 0.00 USD
Minimum Subsequent Investment 0.00 USD
Fees
Actual 12B-1 Fee --
Actual Management Fee 0.48%
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
Key Dates
Inception Date 11/25/2014
Termination Date
Last Annual Report Date 10/31/2018
Last Prospectus Date 3/1/2019
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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