• FirefoxUpgrade to the new Firefox »
  •  Dow Up0.03% Nasdaq Up0.29%

    Principal Bond & Mtg Securities R5 (PBMPX)

    10.98 0.00(0.00%) Jan 26

    Profile as of Dec 30, 2014Get Profile for:
    Principal Bond & Mtg Securities R5
    Principal Funds IncPrincipal Financial Group 711 High StDes Moines, IA 50392
    Map
    Phone: 800-222-5852
    Fund Overview 
    Category:Intermediate-Term Bond
    Fund Family:Principal Funds
    Net Assets:4.23B
    Year-to-Date Return:4.83%
    Yield:2.58%
    Morningstar Rating:3 stars
    Fund Inception Date:Dec 6, 2000
    Morningstar Style Box 
    Intermediate-Term Bond
    [View Category Definition]
    View Top Intermediate-Term Bond Funds
    About the Morningstar Style Box
    Management Information 
    Timothy R. Warrick
    Lead Manager since Dec 6, 2000
    Timothy R. Warrick, CFA - Portfolio Manager and Head of Credit Trading Timothy is a portfolio manager at Principal Global Fixed Income with responsibility for the corporate and U.S. multi-sector portfolios. He also serves as portfolio management team leader with responsibility for overseeing portfolio management functions for all total return fixed income products. As part of his portfolio management duties, Tim also oversees the corporate bond trading desk. Prior to his portfolio management responsibilities with the firm, Tim was a fixed income credit analyst. He joined the firm in 1990. Tim also spent two years with ReliaStar Investment Research, Inc., where he was responsible for multiple sectors, including asset-backed securities, corporate bonds, mezzanine debt and leveraged bank loans. Tim received an MBA in finance from Drake University and a bachelor’s degree in accounting and economics from Simpson College. He has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.
    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
    PBMPX can be purchased from 22 brokerages.

    Fund Summary 
    The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in intermediate maturity fixed-income or debt securities rated BBB- or higher by Standard & Poor's Rating Service ("S&P") or Baa3 or higher by Moody's Investors Service, Inc. ("Moody's"). It also invests in foreign securities, and up to 20% of its assets in below investment grade bonds.

    Fund Operations 
    Last Dividend (Dec 30, 2014) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jan 21, 2015) : 204.50%
    Average for Category:159.38%
    Fees & Expenses 
    ExpensePBMPXCategory Avg
    Annual Report Expense Ratio (net):0.78%0.86%
    Prospectus Net Expense Ratio:0.78%N/A
    Prospectus Gross Expense Ratio:0.78%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.04%
    Max Deferred Sales Load: N/A2.08%
    3 Yr Expense Projection*:249435
    5 Yr Expense Projection*:433704
    10 Yr Expense Projection*:9661,460
    * Per $10,000 invested