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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.54

$3.81 B

4.78%

$0.55

0.68%

Vitals

YTD Return

-16.7%

1 yr return

-4.9%

3 Yr Avg Return

2.8%

5 Yr Avg Return

2.8%

Net Assets

$3.81 B

Holdings in Top 10

12.5%

52 WEEK LOW AND HIGH

$11.6
$11.54
$13.91

Expenses

OPERATING FEES

Expense Ratio 0.68%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 93.60%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Multisector Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.54

$3.81 B

4.78%

$0.55

0.68%

PGDIX - Profile

Distributions

  • YTD Total Return -16.7%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.48%
DIVIDENDS
  • Dividend Yield 4.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal Diversified Income Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Dec 15, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kelly Grossman

Fund Description

The fund generally invests a majority of its assets in fixed income securities, such as investment-grade corporate bonds, high yield bonds (also known as "junk" bonds), preferred securities, commercial mortgage-backed securities, and emerging market debt securities, in an effort to provide incremental yields over a portfolio of government securities. It also invests in equity securities in an effort to provide incremental dividend yields and diversify fixed-income related risks.


PGDIX - Performance

Return Ranking - Trailing

Period PGDIX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.7% -35.2% 18.5% 78.03%
1 Yr -4.9% -20.6% 24.2% 42.54%
3 Yr 2.8%* -12.2% 16.2% 19.31%
5 Yr 2.8%* -16.3% 10.3% 19.15%
10 Yr 4.9%* -12.8% 11.8% 8.24%

* Annualized

Return Ranking - Calendar

Period PGDIX Return Category Return Low Category Return High Rank in Category (%)
2021 3.7% -26.6% 25.7% 2.12%
2020 -3.1% -49.2% 314.3% 82.21%
2019 8.0% -35.1% 16.7% 10.56%
2018 -9.8% -48.0% 10.9% 97.10%
2017 5.1% -14.8% 11.2% 4.95%

Total Return Ranking - Trailing

Period PGDIX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.7% -35.2% 28.6% 77.63%
1 Yr -4.9% -21.2% 38.5% 36.04%
3 Yr 2.8%* -13.9% 16.2% 18.21%
5 Yr 2.8%* -17.3% 10.3% 17.23%
10 Yr 4.9%* -13.3% 11.8% 7.12%

* Annualized

Total Return Ranking - Calendar

Period PGDIX Return Category Return Low Category Return High Rank in Category (%)
2021 3.7% -26.6% 25.7% 2.12%
2020 -3.1% -49.2% 314.3% 82.36%
2019 8.0% -35.1% 16.7% 11.06%
2018 -9.8% -48.0% 10.9% 98.00%
2017 5.1% -14.8% 15.2% 20.59%

NAV & Total Return History


PGDIX - Holdings

Concentration Analysis

PGDIX Category Low Category High PGDIX % Rank
Net Assets 3.81 B 100 124 B 15.10%
Number of Holdings 2105 2 8175 5.66%
Net Assets in Top 10 486 M -1.57 B 20.5 B 24.39%
Weighting of Top 10 12.45% 4.3% 100.0% 83.68%

Top 10 Holdings

  1. Principal Government Money Market Instl 6.48%
  2. Specialty Stl Holdco Inc 11% 1.12%
  3. SPECIALTY STL HOLDCO INC 0.89%
  4. Atd New Holdings Inc 0.81%
  5. Atd New Holdings Inc 0.81%
  6. Atd New Holdings Inc 0.81%
  7. Atd New Holdings Inc 0.81%
  8. Atd New Holdings Inc 0.81%
  9. Atd New Holdings Inc 0.81%
  10. Atd New Holdings Inc 0.81%

Asset Allocation

Weighting Return Low Return High PGDIX % Rank
Bonds
86.15% -150.81% 188.92% 57.41%
Stocks
4.58% -38.22% 261.12% 12.67%
Convertible Bonds
4.17% 0.00% 33.50% 18.87%
Cash
2.57% -261.12% 258.91% 74.93%
Preferred Stocks
2.29% 0.00% 31.88% 9.16%
Other
0.23% -25.82% 276.99% 16.04%

Stock Sector Breakdown

Weighting Return Low Return High PGDIX % Rank
Real Estate
28.77% 0.00% 100.00% 9.44%
Financial Services
16.32% 0.00% 100.00% 29.54%
Industrials
12.27% 0.00% 100.00% 16.95%
Consumer Cyclical
9.77% 0.00% 89.95% 13.80%
Technology
8.98% 0.00% 33.40% 20.82%
Basic Materials
6.35% 0.00% 100.00% 14.29%
Energy
6.32% 0.00% 100.00% 56.17%
Consumer Defense
4.32% 0.00% 99.97% 23.49%
Healthcare
4.21% 0.00% 18.60% 19.61%
Utilities
2.68% 0.00% 100.00% 26.63%
Communication Services
0.00% 0.00% 100.00% 84.02%

Stock Geographic Breakdown

Weighting Return Low Return High PGDIX % Rank
US
3.38% -40.06% 261.12% 12.26%
Non US
1.20% -6.04% 17.73% 5.12%

Bond Sector Breakdown

Weighting Return Low Return High PGDIX % Rank
Corporate
76.19% 0.00% 100.00% 6.77%
Securitized
11.41% 0.00% 99.65% 61.16%
Cash & Equivalents
6.61% 0.00% 100.00% 57.37%
Government
5.77% 0.00% 99.43% 65.63%
Derivative
0.02% 0.00% 72.98% 58.59%
Municipal
0.00% 0.00% 54.26% 87.69%

Bond Geographic Breakdown

Weighting Return Low Return High PGDIX % Rank
US
64.93% -151.11% 194.51% 52.70%
Non US
21.22% -136.75% 90.11% 38.95%

PGDIX - Expenses

Operational Fees

PGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.68% 0.01% 6.46% 76.41%
Management Fee 0.68% 0.00% 2.29% 64.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

PGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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.

PGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 93.60% 0.00% 496.00% 59.60%

PGDIX - Distributions

Dividend Yield Analysis

PGDIX Category Low Category High PGDIX % Rank
Dividend Yield 4.78% 0.00% 40.58% 8.21%

Dividend Distribution Analysis

PGDIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PGDIX Category Low Category High PGDIX % Rank
Net Income Ratio 4.48% -1.55% 11.51% 12.98%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PGDIX - Fund Manager Analysis

Managers

Kelly Grossman


Start Date

Tenure

Tenure Rank

Mar 01, 2010

12.26

12.3%

Kelly A. Grossman joined the Principal Financial Group in 1991. She is a Senior Product Manager at Principal and a member of the Principal Funds Investment Committee. Ms. Grossman earned a B.A. in Mathematics and Computer Science from the University of Northern Iowa. She is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

Marcus Dummer


Start Date

Tenure

Tenure Rank

Mar 07, 2014

8.24

8.2%

Marcus W. Dummer joined the Principal Financial Group in 2003. Mr. Dummer is a Senior Portfolio Strategist for Principal and a member Principal Funds Investment Committee. He is responsible for conducting research, assessing risk, and making relative value recommendations relating to the fixed-income component of the Principal Portfolio Construction StrategiesSM (Global Diversified Income Fund, Diversified Real Asset Fund, and Global Multi-Strategy Fund). Mr. Dummer earned a Bachelor’s degree in Finance and an M.B.A. from the University of Utah.

Jessica Bush


Start Date

Tenure

Tenure Rank

Mar 07, 2014

8.24

8.2%

Jessica S. Bush joined Principal® in 2006. Ms. Bush is responsible for the asset allocation and manager selection for Principal Portfolio StrategiesSM. Ms. Bush earned a bachelor’s degree in Business Administration from the University of Michigan. She has earned the right to use the Chartered Financial Analyst designation.

Benjamin Rotenberg


Start Date

Tenure

Tenure Rank

Mar 07, 2014

8.24

8.2%

Benjamin E. Rotenberg joined Principal® in 2014. Prior to that, he was employed at Cliffwater LLC as a Managing Director from 2007-2014. Mr. Rotenberg is responsible for the asset allocation and manager selection for Principal Portfolio StrategiesSM. Mr. Rotenberg earned a bachelor’s degree in International Relations and Russian from Pomona College. He has earned the right to use the Chartered Financial Analyst and the Chartered Alternative Investment Analyst designations.

May Tong


Start Date

Tenure

Tenure Rank

May 10, 2021

1.06

1.1%

May Tong has been with Principal® since 2021. Prior to that, Ms. Tong was a Senior Vice President, Portfolio Manager for Franklin Templeton Multi-Asset Solutions since 2018. Prior to that, Ms. Tong was a Portfolio Manager and Head of Portfolio Implementation and Management for Voya Investment Management’s Multi-Asset Strategies and Solutions Team since 2011. Ms. Tong is responsible for the asset allocation and manager selection for Principal Global Asset Allocation. She earned a bachelor’s degree in Accounting and Finance from Boston College and an M.B.A. from Columbia University. She has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.67 3.19