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Investment Type: pifretail

Government & High Quality Bond Fund (C) (CCUGX)






Class A | Class C | Class J | Class I

Total Returns



Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

Where gross and net expense ratios differ, the investment adviser has contractually agreed to limit the investment option's expenses. Differences also may be due to the investment adviser's decision to pay (through the same dates) certain expenses that would normally be payable by the fund.


Month-End | Quarter-End
Average Annual Total Returns as of 11/30/2021
1 Month3 MonthYTD1 Year3 Year5 Year10 YearSince     
Inception*
Excluding Sales Charge % -0.34 -1.28 -2.38 -2.13 1.99 0.86 1.17 5.23
Including Sales Charge % -1.34 -2.27 -3.35 -3.11 1.99 0.86 1.17 5.23
Bloomberg US Agency Fixed Rate MBS Index % -0.09 -0.64 -0.95 -0.74 3.66 2.52 2.37 ---
Intermediate Government Category % 0.21 -0.70 -1.61 -1.46 3.85 2.33 1.90 ---
Morningstar Percentile Rankings** --- --- --- 78 100 100 95 ---
# of Funds in Category 246 246 242 242 229 209 179 ---
03/01/200205/04/1984
**Morningstar percentile rankings are based on total returns and do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.

Calendar Year Total Returns
20202019201820172016
Excluding Sales Charge % 1.63 5.31 -0.30 0.57 0.53
Including Sales Charge % 0.63 4.31 -1.28 -0.41 -0.45
Bloomberg US Agency Fixed Rate MBS Index % 3.87 6.35 0.99 2.48 1.67
Intermediate Government Category % + 5.65 5.88 0.51 1.58 0.89
Morningstar Percentile Rankings**,+ 100 83 88 96 72
Morningstar Fixed Income Stylebox Morningstar Stylebox Morningstar Stylebox Morningstar Stylebox Morningstar Stylebox Morningstar Stylebox
# of Funds in Category+ 234 232 235 250 271
+ Data displayed is the most current information available.
**Morningstar percentile rankings are based on total returns and do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.

Expenses

  as of 11/30/2021
Total Investment Expense - Gross: 1.70%
Total Investment Expense - Net: 1.64%
Contractual Cap Date: 02/28/2022
Contingent Deferred Sales Charge: 1.00%
12b-1 Fee: 1.00%

Distribution History

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$ Per Share
Income dividends are paid monthly.
Per share dividend not available.


Daily Unit Value/Share Price Chart


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

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).

These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class.

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.