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Principal Core Fixed Income A CMPIX

Analyst rating as of
NAV / 1-Day Return
8.95  /  0.34 %
Total Assets
10.0 Bil
Adj. Expense Ratio
0.740%
Expense Ratio
0.740%
Fee Level
Below Average
Longest Manager Tenure
17.23 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.18%
Effective Duration
6.18 years
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Morningstar’s Analysis

Will CMPIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Despite a recent shift in mandate, this corporate-focused approach lacks a clear edge.

Summary

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Principal Core Fixed Income is led by an experienced team, but recent team changes and process enhancements suggest a wait-and-see approach. It earns a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its more expensive share classes earn a Negative.

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