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Trending ETFs

Core Fixed Income Fund (f/k/a Income Fund)

mutual fund
PIOQX
Payout Change
Pending
Price as of:
$8.44 +0.01 +0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
A (CMPIX) Instl (PIOIX) J (PIOJX) R5 (PIOQX) R3 (PIOOX) R6 (PICNX)
PIOQX (Mutual Fund)

Core Fixed Income Fund (f/k/a Income Fund)

Payout Change
Pending
Price as of:
$8.44 +0.01 +0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
A (CMPIX) Instl (PIOIX) J (PIOJX) R5 (PIOQX) R3 (PIOOX) R6 (PICNX)
PIOQX (Mutual Fund)

Core Fixed Income Fund (f/k/a Income Fund)

Payout Change
Pending
Price as of:
$8.44 +0.01 +0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
A (CMPIX) Instl (PIOIX) J (PIOJX) R5 (PIOQX) R3 (PIOOX) R6 (PICNX)

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Core Fixed Income Fund (f/k/a Income Fund)

PIOQX | Fund

$8.44

$10.4 B

3.48%

$0.29

0.61%

Vitals

YTD Return

1.0%

1 yr return

1.2%

3 Yr Avg Return

-2.5%

5 Yr Avg Return

-0.4%

Net Assets

$10.4 B

Holdings in Top 10

5.5%

52 WEEK LOW AND HIGH

$8.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.61%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.80%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Core Fixed Income Fund (f/k/a Income Fund)

PIOQX | Fund

$8.44

$10.4 B

3.48%

$0.29

0.61%

PIOQX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return -2.5%
  • 5 Yr Annualized Total Return -0.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.41%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Core Fixed Income Fund (f/k/a Income Fund)
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 02, 2010
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Friedl

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities. 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 (securitized products) (including collateralized mortgage obligations), and foreign securities. Investment grade securities are rated BBB- or higher by S&P Global Ratings (“S&P Global”) or Baa3 or higher by Moody’s Investors Service, Inc. (“Moody’s”), at the time of purchase. If the security has been rated by only one of the rating agencies, that rating will determine the security’s rating; if the security is rated differently by the rating agencies, the highest rating is used; and if the security has not been rated by either of the rating agencies, those selecting such investments will determine the security’s quality. The Fund is not managed to a particular maturity. Under normal circumstances, the Fund maintains an average portfolio duration that is within ±25% of the duration of the Bloomberg U.S. Aggregate Bond Index, which as of January 31, 2024 was 6.11 years.
Read More

PIOQX - Performance

Return Ranking - Trailing

Period PIOQX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -7.8% 11.6% 73.76%
1 Yr 1.2% -7.5% 11.7% 76.45%
3 Yr -2.5%* -11.0% 27.4% 47.65%
5 Yr -0.4%* -7.6% 58.4% 62.10%
10 Yr 1.5%* -3.0% 73.8% 43.17%

* Annualized

Return Ranking - Calendar

Period PIOQX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -16.2% 8.1% 35.14%
2022 -15.0% -34.7% 131.9% 21.38%
2021 -4.0% -11.6% 4.4% 78.09%
2020 5.6% -9.9% 946.1% 20.60%
2019 5.6% -1.7% 16.9% 50.30%

Total Return Ranking - Trailing

Period PIOQX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -7.8% 11.6% 73.76%
1 Yr 1.2% -7.5% 11.7% 76.45%
3 Yr -2.5%* -11.0% 27.4% 47.65%
5 Yr -0.4%* -7.6% 58.4% 62.10%
10 Yr 1.5%* -3.0% 73.8% 43.17%

* Annualized

Total Return Ranking - Calendar

Period PIOQX Return Category Return Low Category Return High Rank in Category (%)
2023 5.8% -11.3% 11.9% 56.65%
2022 -12.7% -32.2% 131.9% 22.66%
2021 -1.8% -9.4% 9.2% 81.65%
2020 8.3% -1.9% 1009.0% 51.32%
2019 9.0% 1.1% 21668.0% 44.30%

NAV & Total Return History

PIOQX - Holdings

Concentration Analysis

PIOQX Category Low Category High PIOQX % Rank
Net Assets 10.4 B 2.9 M 314 B 18.45%
Number of Holdings 497 1 17880 63.66%
Net Assets in Top 10 591 M 1.62 M 35.1 B 43.20%
Weighting of Top 10 5.47% 4.7% 3984.6% 98.96%

Top 10 Holdings

  1. Principal Government Money Market Fund - Class R-6 1.10%
  2. AbbVie Inc 0.56%
  3. Fifth Third Bancorp 0.54%
  4. Biogen Inc 0.52%
  5. PPL Electric Utilities Corp 0.47%
  6. American Tower Corp 0.47%
  7. Truist Bank 0.47%
  8. Ryder System Inc 0.46%
  9. Interstate Power and Light Co 0.44%
  10. American Honda Finance Corp 0.44%

Asset Allocation

Weighting Return Low Return High PIOQX % Rank
Bonds 		95.18% 0.00% 9231.88% 47.67%
Other 		3.04% -27.25% 1695.17% 57.01%
Cash 		1.60% -54.51% 237.69% 66.46%
Stocks 		0.19% 0.00% 99.98% 16.17%
Preferred Stocks 		0.00% 0.00% 72.34% 94.81%
Convertible Bonds 		0.00% 0.00% 7.93% 99.27%

Stock Sector Breakdown

Weighting Return Low Return High PIOQX % Rank
Industrials 		48.31% 0.00% 48.31% 3.09%
Energy 		42.84% 0.00% 100.00% 31.48%
Real Estate 		8.84% 0.00% 99.26% 13.58%
Utilities 		0.00% 0.00% 100.00% 92.59%
Technology 		0.00% 0.00% 43.45% 92.59%
Healthcare 		0.00% 0.00% 17.70% 92.59%
Financial Services 		0.00% 0.00% 100.00% 93.83%
Communication Services 		0.00% 0.00% 100.00% 93.83%
Consumer Defense 		0.00% 0.00% 99.67% 93.21%
Consumer Cyclical 		0.00% 0.00% 100.00% 93.21%
Basic Materials 		0.00% 0.00% 100.00% 94.44%

Stock Geographic Breakdown

Weighting Return Low Return High PIOQX % Rank
US 		0.19% 0.00% 99.98% 16.10%
Non US 		0.00% 0.00% 88.46% 92.94%

Bond Sector Breakdown

Weighting Return Low Return High PIOQX % Rank
Corporate 		49.55% 0.00% 100.00% 11.61%
Securitized 		24.76% 0.00% 98.40% 68.83%
Government 		18.66% 0.00% 86.23% 65.27%
Cash & Equivalents 		1.13% 0.00% 237.69% 68.43%
Municipal 		0.00% 0.00% 100.00% 97.38%
Derivative 		-0.06% -6.56% 43.84% 75.39%

Bond Geographic Breakdown

Weighting Return Low Return High PIOQX % Rank
US 		95.18% 0.00% 9042.62% 43.72%
Non US 		0.00% 0.00% 189.26% 95.43%

PIOQX - Expenses

Operational Fees

PIOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.01% 39.64% 58.62%
Management Fee 0.33% 0.00% 1.76% 41.55%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.01% 0.01% 0.50% 1.59%

Sales Fees

PIOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PIOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PIOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.80% 2.00% 493.39% 1.94%

PIOQX - Distributions

Dividend Yield Analysis

PIOQX Category Low Category High PIOQX % Rank
Dividend Yield 3.48% 0.00% 10.11% 80.83%

Dividend Distribution Analysis

PIOQX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Quarterly

Net Income Ratio Analysis

PIOQX Category Low Category High PIOQX % Rank
Net Income Ratio 1.41% -1.28% 4.79% 69.66%

Capital Gain Distribution Analysis

PIOQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

PIOQX - Fund Manager Analysis

Managers

John Friedl

Start Date

Tenure

Tenure Rank

Mar 01, 2005

17.26

17.3%

John R. Friedl has been with Principal® since 1998. He earned a B.A. in Communications and History from the University of Washington and a master's degree in Finance from Seattle University. Mr. Friedl has earned the right to use the Chartered Financial Analyst designation.

Scott Peterson

Start Date

Tenure

Tenure Rank

May 19, 2010

12.04

12.0%

Scott J. Peterson has been with Edge since 2002. He earned a bachelors degree in Mathematics from Brigham Young University and an M.B.A. from New York Universitys Stern School of Business. Mr. Peterson has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.77 1.16

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