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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Principal Government & High Quality Bond Fund

CCUGX | Fund

$10.35

$1.16 B

0.13%

$0.01

1.64%

Vitals

YTD Return

-1.9%

1 yr return

-1.7%

3 Yr Avg Return

2.3%

5 Yr Avg Return

0.6%

Net Assets

$1.16 B

Holdings in Top 10

55.9%

52 WEEK LOW AND HIGH

$10.4
$10.35
$10.61

Expenses

OPERATING FEES

Expense Ratio 1.64%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 84.30%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Government

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Principal Government & High Quality Bond Fund

CCUGX | Fund

$10.35

$1.16 B

0.13%

$0.01

1.64%

CCUGX - Profile

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.61%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal Government & High Quality Bond Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 01, 2002
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Bryan 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 -1.9% -24.0% 17.1% 23.99%
1 Yr -1.7% -4.5% 3.0% 68.12%
3 Yr 2.3%* 2.2% 7.0% 99.64%
5 Yr 0.6%* 0.3% 3.1% 98.90%
10 Yr 1.1%* 0.0% 3.8% 93.44%

* Annualized

Return Ranking - Calendar

Period CCUGX Return Category Return Low Category Return High Rank in Category (%)
2020 0.5% -28.0% 8.8% 83.77%
2019 3.6% -48.1% 7.1% 33.97%
2018 -2.1% -22.8% 0.2% 62.30%
2017 -1.8% -20.9% 0.7% 77.78%
2016 -2.2% -21.9% 0.0% 80.72%

Total Return Ranking - Trailing

Period CCUGX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -24.0% 17.1% 23.99%
1 Yr -2.7% -7.8% 1.9% 64.13%
3 Yr 2.3%* 1.2% 7.0% 87.59%
5 Yr 0.6%* -0.1% 3.0% 94.85%
10 Yr 1.1%* 0.0% 3.7% 92.31%

* Annualized

Total Return Ranking - Calendar

Period CCUGX Return Category Return Low Category Return High Rank in Category (%)
2020 0.5% -28.0% 8.8% 83.77%
2019 3.6% -19.3% 7.1% 38.55%
2018 -2.1% -22.8% 2.0% 69.44%
2017 -1.8% -20.9% 4.6% 79.91%
2016 -2.2% -21.9% 1.5% 82.51%

NAV & Total Return History

CCUGX - Holdings

Concentration Analysis

CCUGX Category Low Category High CCUGX % Rank
Net Assets 1.16 B 9.69 M 25 B 49.38%
Number of Holdings 452 2 14757 44.31%
Net Assets in Top 10 652 M -5.34 M 11.2 B 44.72%
Weighting of Top 10 55.93% 9.2% 100.0% 24.26%

Top 10 Holdings

  1. Federal National Mortgage Association 12.98%
  2. Federal National Mortgage Association 12.80%
  3. Federal National Mortgage Association 11.16%
  4. Federal National Mortgage Association 10.98%
  5. Federal National Mortgage Association 10.53%
  6. Federal National Mortgage Association 10.43%
  7. Federal National Mortgage Association 9.82%
  8. Principal Government Money Market Instl 9.52%
  9. Federal National Mortgage Association 8.57%
  10. US 10YR NOTE (CBT)MAR21 7.75%

Asset Allocation

Weighting Return Low Return High CCUGX % Rank
Bonds 		109.54% 0.00% 134.41% 8.13%
Stocks 		0.00% 0.00% 100.00% 30.49%
Preferred Stocks 		0.00% 0.00% 0.33% 27.64%
Other 		0.00% -2.77% 28.56% 32.11%
Convertible Bonds 		0.00% 0.00% 0.45% 27.24%
Cash 		-9.54% -34.98% 75.75% 90.24%

Bond Sector Breakdown

Weighting Return Low Return High CCUGX % Rank
Securitized 		79.06% 0.00% 100.00% 24.90%
Cash & Equivalents 		16.81% 0.00% 76.88% 24.08%
Government 		4.12% 0.00% 100.00% 71.43%
Derivative 		0.00% 0.00% 18.36% 33.06%
Corporate 		0.00% 0.00% 57.23% 55.51%
Municipal 		0.00% 0.00% 12.06% 42.45%

Bond Geographic Breakdown

Weighting Return Low Return High CCUGX % Rank
US 		109.54% 0.00% 134.41% 5.69%
Non US 		0.00% 0.00% 100.00% 48.78%

CCUGX - Expenses

Operational Fees

CCUGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.64% 0.03% 2.02% 4.33%
Management Fee 0.47% 0.00% 1.00% 78.84%
12b-1 Fee 1.00% 0.00% 1.00% 84.87%
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% 66.07%

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% 419.00% 42.35%

CCUGX - Distributions

Dividend Yield Analysis

CCUGX Category Low Category High CCUGX % Rank
Dividend Yield 0.13% 0.00% 12.72% 37.77%

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% -1.28% 3.38% 82.63%

Capital Gain Distribution Analysis

CCUGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly Monthly

Dividend Payout History

View More +

CCUGX - Fund Manager Analysis

Managers

Bryan Davis

Start Date

Tenure

Tenure Rank

Oct 17, 2019

1.96

2.0%

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

1.96

2.0%

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
0.18 30.97 8.1 6.68

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