Principal Government & High Qual Bd C
- CCUGX
- Price as of: Feb 26, 2021
-
$10.48
N/A N/A
- Primary Theme
- Intermediate-Term U.S. Treasury Bond
- Fund Company
- Principal Funds
- Share Class
CCUGX - Snapshot
Vitals
- YTD Return -0.6%
- 3 Yr Annualized Return 2.7%
- 5 Yr Annualized Return 1.3%
- Net Assets $1.49 B
- Holdings in Top 10 60.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio N/A
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
BROKERAGE FEES
- Turnover 84.30%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA N/A
Fund Classification
-
Primary Theme
Intermediate-Term U.S. Treasury Bond
- Fund Type Open End Mutual Fund
- Investment Style Intermediate Government
CCUGX - Profile
Distributions
- YTD Total Return -0.6%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.61%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePrincipal Government & High Quality Bond Fund
-
Fund Family NamePrincipal Funds
-
Inception DateMar 01, 2002
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBryan Davis
Fund Description
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in debt securities issued by the U.S. government, its agencies or instrumentalities or debt securities that are rated, at the time of purchase, AAA by S&P Global or Aaa by Moody's, including but not limited to mortgage securities such as agency and non-agency collateralized mortgage obligations, and other obligations that are secured by mortgages or mortgage-backed securities.
CCUGX - Performance
Return Ranking - Trailing
Period | CCUGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -3.4% | 2.5% | 16.32% |
1 Yr | 1.0% | 1.0% | 10.0% | 100.00% |
3 Yr | 2.7%* | 2.4% | 7.3% | 98.32% |
5 Yr | 1.3%* | 0.9% | 4.3% | 97.88% |
10 Yr | 1.7%* | 0.8% | 6.6% | 95.67% |
* Annualized
Return Ranking - Calendar
Period | CCUGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.5% | -1.3% | 8.8% | 96.57% |
2019 | 3.6% | -48.1% | 7.1% | 38.70% |
2018 | -2.1% | -5.4% | 0.2% | 72.94% |
2017 | -1.8% | -2.4% | 0.7% | 91.50% |
2016 | -2.2% | -9.3% | 0.0% | 93.19% |
Total Return Ranking - Trailing
Period | CCUGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -3.4% | 2.5% | 16.32% |
1 Yr | 0.0% | -3.4% | 10.0% | 90.46% |
3 Yr | 2.7%* | 1.5% | 7.3% | 92.44% |
5 Yr | 1.3%* | 0.6% | 4.3% | 94.92% |
10 Yr | 1.7%* | 0.8% | 6.6% | 94.81% |
* Annualized
Total Return Ranking - Calendar
Period | CCUGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.5% | -1.3% | 8.8% | 96.57% |
2019 | 3.6% | 0.3% | 7.1% | 43.91% |
2018 | -2.1% | -3.4% | 2.0% | 81.19% |
2017 | -1.8% | -2.4% | 4.6% | 94.00% |
2016 | -2.2% | -9.3% | 1.5% | 95.29% |
NAV & Total Return History
CCUGX - Holdings
Concentration Analysis
CCUGX | Category Low | Category High | CCUGX % Rank | |
---|---|---|---|---|
Net Assets | 1.49 B | 15.8 M | 27.3 B | 42.56% |
Number of Holdings | 487 | 10 | 15140 | 45.87% |
Net Assets in Top 10 | 673 M | 5.36 M | 9.59 B | 40.91% |
Weighting of Top 10 | 60.57% | 8.9% | 100.0% | 11.84% |
Top 10 Holdings
- Principal Government Money Market Instl 16.08%
- Federal National Mortgage Association 10.53%
- Federal National Mortgage Association 8.57%
- US 10YR NOTE (CBT)MAR21 7.75%
- Federal National Mortgage Association 2.5% 7.60%
- Us 10Yr Note (Cbt)Mar21 6.29%
- Us 10Yr Note (Cbt)Mar21 6.29%
- Us 10Yr Note (Cbt)Mar21 6.29%
- Us 10Yr Note (Cbt)Mar21 6.29%
- Us 10Yr Note (Cbt)Mar21 6.29%
Asset Allocation
Weighting | Return Low | Return High | CCUGX % Rank | |
---|---|---|---|---|
Bonds | 96.24% | 72.12% | 136.76% | 42.98% |
Cash | 3.76% | -37.63% | 27.88% | 52.48% |
Stocks | 0.00% | -0.01% | 0.87% | 18.60% |
Preferred Stocks | 0.00% | 0.00% | 0.31% | 18.60% |
Other | 0.00% | 0.00% | 21.89% | 24.79% |
Convertible Bonds | 0.00% | 0.00% | 27.71% | 21.90% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CCUGX % Rank | |
---|---|---|---|---|
Securitized | 75.42% | 0.00% | 100.00% | 28.51% |
Cash & Equivalents | 24.33% | 0.00% | 41.48% | 19.01% |
Government | 0.25% | 0.00% | 100.00% | 79.34% |
Derivative | 0.00% | 0.00% | 7.59% | 25.62% |
Corporate | 0.00% | 0.00% | 23.77% | 44.21% |
Municipal | 0.00% | 0.00% | 13.85% | 37.19% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CCUGX % Rank | |
---|---|---|---|---|
US | 96.24% | 72.12% | 136.06% | 40.08% |
Non US | 0.00% | 0.00% | 6.21% | 47.93% |
CCUGX - Expenses
Operational Fees
CCUGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.03% | 2.63% | 11.27% |
Management Fee | 0.50% | 0.00% | 0.85% | 79.34% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 82.26% |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
CCUGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | 1.00% | 1.00% | 5.50% | 21.88% |
Trading Fees
CCUGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
CCUGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 84.30% | 1.38% | 421.00% | 45.61% |
CCUGX - Distributions
Dividend Yield Analysis
CCUGX | Category Low | Category High | CCUGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.32% | 23.97% |
Dividend Distribution Analysis
CCUGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
CCUGX | Category Low | Category High | CCUGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.61% | 0.02% | 3.38% | 93.99% |
Capital Gain Distribution Analysis
CCUGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Jul 31, 2019 | $0.015 |
Jun 28, 2019 | $0.014 |
May 31, 2019 | $0.017 |
Apr 30, 2019 | $0.015 |
Mar 29, 2019 | $0.015 |
Feb 28, 2019 | $0.012 |
Jan 31, 2019 | $0.015 |
Dec 31, 2018 | $0.015 |
Nov 30, 2018 | $0.016 |
Oct 31, 2018 | $0.015 |
Aug 31, 2018 | $0.016 |
Jul 31, 2018 | $0.016 |
Jun 29, 2018 | $0.016 |
May 31, 2018 | $0.017 |
Apr 30, 2018 | $0.016 |
Mar 29, 2018 | $0.017 |
Feb 28, 2018 | $0.015 |
Jan 31, 2018 | $0.016 |
Dec 29, 2017 | $0.016 |
Nov 30, 2017 | $0.015 |
Oct 31, 2017 | $0.002 |
Sep 29, 2017 | $0.017 |
Aug 31, 2017 | $0.023 |
Jul 31, 2017 | $0.023 |
Jun 30, 2017 | $0.026 |
May 31, 2017 | $0.026 |
Apr 28, 2017 | $0.025 |
Mar 31, 2017 | $0.029 |
Feb 28, 2017 | $0.024 |
Jan 31, 2017 | $0.025 |
Dec 30, 2016 | $0.030 |
Nov 30, 2016 | $0.026 |
Oct 31, 2016 | $0.021 |
Sep 30, 2016 | $0.028 |
Aug 31, 2016 | $0.026 |
Jul 29, 2016 | $0.027 |
Jun 30, 2016 | $0.026 |
May 31, 2016 | $0.025 |
Apr 29, 2016 | $0.025 |
Mar 31, 2016 | $0.024 |
Feb 29, 2016 | $0.023 |
Jan 29, 2016 | $0.021 |
Dec 31, 2015 | $0.028 |
Nov 30, 2015 | $0.023 |
Oct 30, 2015 | $0.024 |
Sep 30, 2015 | $0.020 |
Aug 31, 2015 | $0.019 |
Jul 31, 2015 | $0.020 |
Jun 30, 2015 | $0.017 |
May 29, 2015 | $0.018 |
Apr 30, 2015 | $0.016 |
Mar 31, 2015 | $0.015 |
Feb 27, 2015 | $0.014 |
Jan 30, 2015 | $0.016 |
Dec 31, 2014 | $0.016 |
Nov 28, 2014 | $0.013 |
Oct 31, 2014 | $0.018 |
Sep 30, 2014 | $0.017 |
Aug 29, 2014 | $0.019 |
Jul 31, 2014 | $0.019 |
Jun 30, 2014 | $0.018 |
May 30, 2014 | $0.019 |
Apr 30, 2014 | $0.019 |
Mar 31, 2014 | $0.018 |
Feb 28, 2014 | $0.017 |
Jan 31, 2014 | $0.020 |
Dec 31, 2013 | $0.020 |
Nov 29, 2013 | $0.021 |
Oct 31, 2013 | $0.016 |
Sep 30, 2013 | $0.016 |
Aug 30, 2013 | $0.020 |
Jul 31, 2013 | $0.019 |
Jun 28, 2013 | $0.018 |
May 31, 2013 | $0.021 |
Apr 30, 2013 | $0.019 |
Mar 28, 2013 | $0.020 |
Feb 28, 2013 | $0.018 |
Jan 31, 2013 | $0.020 |
Dec 31, 2012 | $0.021 |
Nov 30, 2012 | $0.020 |
Oct 31, 2012 | $0.021 |
Sep 28, 2012 | $0.020 |
Aug 31, 2012 | $0.026 |
Jul 31, 2012 | $0.025 |
Jun 29, 2012 | $0.026 |
May 31, 2012 | $0.027 |
Apr 30, 2012 | $0.025 |
Mar 30, 2012 | $0.028 |
Feb 29, 2012 | $0.025 |
Jan 31, 2012 | $0.026 |
Dec 30, 2011 | $0.030 |
Nov 30, 2011 | $0.026 |
Oct 31, 2011 | $0.020 |
Sep 30, 2011 | $0.024 |
Aug 31, 2011 | $0.024 |
Jul 29, 2011 | $0.026 |
Jun 30, 2011 | $0.025 |
May 31, 2011 | $0.026 |
Apr 29, 2011 | $0.028 |
Mar 31, 2011 | $0.028 |
Feb 28, 2011 | $0.025 |
Jan 31, 2011 | $0.028 |
Dec 31, 2010 | $0.040 |
Nov 30, 2010 | $0.029 |
Oct 29, 2010 | $0.027 |
Sep 30, 2010 | $0.027 |
Aug 31, 2010 | $0.028 |
Jul 30, 2010 | $0.029 |
Jun 30, 2010 | $0.028 |
May 28, 2010 | $0.026 |
Apr 30, 2010 | $0.026 |
Mar 31, 2010 | $0.029 |
Feb 26, 2010 | $0.033 |
Jan 29, 2010 | $0.031 |
Dec 31, 2009 | $0.037 |
Nov 30, 2009 | $0.032 |
Oct 30, 2009 | $0.031 |
Sep 30, 2009 | $0.030 |
Aug 31, 2009 | $0.028 |
Jul 31, 2009 | $0.032 |
Jun 30, 2009 | $0.031 |
May 29, 2009 | $0.030 |
Apr 30, 2009 | $0.031 |
Mar 31, 2009 | $0.032 |
Feb 27, 2009 | $0.035 |
Jan 30, 2009 | $0.035 |
Dec 31, 2008 | $0.039 |
Nov 28, 2008 | $0.035 |
Oct 31, 2008 | $0.029 |
Sep 30, 2008 | $0.033 |
Aug 29, 2008 | $0.035 |
Jul 31, 2008 | $0.033 |
Jun 30, 2008 | $0.032 |
May 30, 2008 | $0.035 |
Apr 30, 2008 | $0.036 |
Mar 31, 2008 | $0.032 |
Feb 29, 2008 | $0.038 |
Jan 31, 2008 | $0.035 |
Dec 31, 2007 | $0.036 |
Nov 30, 2007 | $0.038 |
Oct 31, 2007 | $0.035 |
Sep 28, 2007 | $0.031 |
Aug 31, 2007 | $0.036 |
Jul 31, 2007 | $0.032 |
Jun 29, 2007 | $0.035 |
May 31, 2007 | $0.033 |
Apr 30, 2007 | $0.033 |
CCUGX - Fund Manager Analysis
Managers
Bryan Davis
Start Date
Tenure
Tenure Rank
Oct 17, 2019
1.29
1.3%
Davis is a senior trader/research analyst for Principal Global Investors. He is responsible for trading mortgage-backed securities and developing investment strategies related to mortgages and derivatives. Davis joined the firm in 1993 as a servicing valuation director for Principal Residential Mortgage. He earned a bachelor’s degree in Finance from the University of Iowa. He has earned the right to use the Chartered Financial Analyst esignation and is a member of the CFA Institute.
Zach Gassmann
Start Date
Tenure
Tenure Rank
Oct 17, 2019
1.29
1.3%
Zach Gassmann has been with Principal® since 2007. He received a master’s degree in financial management from Drake University and a bachelor’s degree in accounting from Simpson College. Mr. Gassmann has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 30.31 | 8.41 | 6.02 |