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Principal Global Div Inc A PGBAX

Analyst rating as of

Morningstar’s Analysis

Will PGBAX outperform in future?

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More Changes to Principal Global Diversified Income; Ratings Unchanged

Associate Director

Analyst Note

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In a Dec. 17 supplementary prospectus filing, Principal announced plans to shake up Principal Global Diversified Income’s subadvisor lineup and asset class mix in mid-January 2022 and remove “Global” from its name on or around March 1, 2022. The changes don’t alter the strategy’s Morningstar Analyst Rating range of Neutral to Negative, depending on share class, but do reinforce its Average Process rating.

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