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Principal Bond Market Index R5 (PBIQX)

10.91 Up 0.01(0.09%) Jul 22

Profile as of Jun 29, 2014Get Profile for:
Principal Bond Market Index R5
Principal Funds IncPrincipal Financial Group 711 High StDes Moines, IA 50392
Phone: 800-222-5852
Fund Overview 
Category:Intermediate-Term Bond
Fund Family:Principal Funds
Net Assets:1.53B
Year-to-Date Return:3.81%
Morningstar Rating:2 stars
Fund Inception Date:Dec 30, 2009
Morningstar Style Box 
Intermediate-Term Bond
[View Category Definition]
View Top Intermediate-Term Bond Funds
About the Morningstar Style Box
Management Information 
Gregory C. Lee
Lead Manager since Dec 31, 2010
Gregg A. Lee, CFA Vice President, Senior Portfolio Manager, Fixed Income B.S., University of California at Davis, Managerial Economics 24 years of investment experience 24 years at Mellon Capital  Responsible for managing various fixed income index funds with a focus on the MBS sector, with a prior focus on the corporate and government sectors  Prior experience includes managing and trading domestic and international active fixed income portfolios with a focus on the Active Core and Core Plus strategies  Co-managed the MBS component of the Global Fixed Income hedge fund  Managed and traded for all of the firm's asset-backed securities  Other prior experience includes equity and multi-strategy portfolio management, as well as equity and derivative trading
Investment Information 
Min Initial Investment:0
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
PBIQX can be purchased from 15 brokerages.

Fund Summary 
The investment seeks to provide current income. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in debt securities held by the Barclays U.S. Aggregate Bond Index at the time of each purchase. The index is composed of investment grade, fixed rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, with maturities of one year or more. It employs a passive investment approach designed to attempt to track the performance of the index.

Fund Operations 
Last Dividend (Dec 19, 2013) : 0.22
Last Cap Gain : 0.00
Annual Holdings Turnover (Jul 20, 2014) : 131.70%
Average for Category:173.65%
Fees & Expenses 
ExpensePBIQXCategory Avg
Annual Report Expense Ratio (net):0.52%0.88%
Prospectus Net Expense Ratio:0.52%N/A
Prospectus Gross Expense Ratio:0.52%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.09%
Max Deferred Sales Load: N/A2.21%
3 Yr Expense Projection*:167449
5 Yr Expense Projection*:291721
10 Yr Expense Projection*:6531,479
* Per $10,000 invested