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Investment Type: pifretail

Government & High Quality Bond Fund (A) (CMPGX)






Class A | Class J | Class I

Portfolio Composition

  as of 02/29/2024
   What's this?

Asset Distribution
Asset TypeNetShortLong
U.S. Bonds 104.77% 7.76%   112.53%  
Cash -4.77% 14.19%   9.42%  
Total100%


Top 10 Holdings

  as of 02/29/2024
   What's this?

% of Net Assets
Future on 5 Year Treasury Note 7.76
Federal National Mortgage Association 4.76
Government National Mortgage Association 3.40
Government National Mortgage Association 3.23
10 Year Treasury Note Future June 24 2.69
Federal National Mortgage Association 2.31
Government National Mortgage Association 2.24
Government National Mortgage Association 2.16
Federal Home Loan Mortgage Corp. 2.11
Fnma Pass-Thru I 2.08
Total*: 32.76
*Values may exceed 100% if both long and short positions are included in the portfolio

View Full Portfolio Holdings

Morningstar Style Box™

  as of 02/29/2024
   What's this?
Investment Style
Stylebox Market Capitalization

Credit Analysis

  as of 02/29/2024
   What's this?

% Bonds
AAA 93.86
AA 5.07
A 0.62
Not Rated 0.45

Statistics

 
as of 02/29/2024
Average Eff Duration (yrs): 6.11
Average Eff Maturity (yrs): 6.97
Avg Weighted Coupon:
Avg Weighted Price: $91.07
30-Day SEC Yield - Subsidized (Net)
as of 03/31/2024:
2.73%
30-Day SEC Yield - Non-Subsidized (Gross)
as of 03/31/2024:
2.73%

Analysis

  as of 02/29/2024
Turnover Ratio: 128.00%
0
369
8
377





Morningstar
© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Past performance is no guarantee of future results. Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost.

Portfolio holdings are subject to change and companies referenced in this report may not currently be held. Information is current as of the creation of this piece. Keep in mind that portfolio holdings are subject to risk. Click here for a complete list of the most recent publicly available holdings.

The full name of this investment option is Principal Government & High Quality Bond Fund (A).

Investors should carefully consider a fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principalfunds.com, or calling 800-222-5852. Read the prospectus carefully before investing.

Principal Funds are distributed by Principal Funds Distributor, Inc.

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

Bloomberg US Agency Fixed Rate MBS Index covers the fixed-rate mortgage-backed pass-through securities issued by GinnieMae (GNMA), Fannie Mae (FNMA), and Freddie Mae (FHLMC).

For Government High Quality Bond Fund (A) the Distributor has voluntarily agreed to waive .10% which limits the investment option's 12b-1 fees to .15%. These limits apply now but may be terminated at any time.

Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.

Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.