Principal Core Fixed Income (CMPIX)
The investment seeks to provide a high level of current income consistent with preservation of capital. The fund invests primarily in a diversified pool of investment-grade fixed-income securities, including corporate securities, U.S. government securities, asset-backed securities and mortgage-backed securities. It maintains an average portfolio duration that is within ±25% of the duration of the Bloomberg US Aggregate Bond Index.
Fund Info
ISIN | US74254V6386 |
---|---|
CUSIP | 74254V638 |
Issuer | Principal |
Inception Date | Dec 15, 1975 |
Category | Intermediate Core Bond |
Min. Investment | $1,000 |
Asset Class | Bond |
Expense Ratio
The Principal Core Fixed Income has a high expense ratio of 0.74%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: CMPIX vs. ACWI, CMPIX vs. DGRO, CMPIX vs. ONEQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Core Fixed Income, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Principal Core Fixed Income had a return of -3.10% year-to-date (YTD) and -1.57% in the last 12 months. Over the past 10 years, Principal Core Fixed Income had an annualized return of 1.16%, while the S&P 500 had an annualized return of 10.55%, indicating that Principal Core Fixed Income did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -3.10% | 6.33% |
1 month | -1.98% | -2.81% |
6 months | 5.92% | 21.13% |
1 year | -1.57% | 24.56% |
5 years (annualized) | -0.27% | 11.55% |
10 years (annualized) | 1.16% | 10.55% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.10% | -1.39% | 0.59% | |||||||||
2023 | -2.87% | -1.56% | 4.67% | 3.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Principal Core Fixed Income(CMPIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Core Fixed Income (CMPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Core Fixed Income granted a 3.06% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.25 | $0.25 | $0.21 | $0.19 | $0.22 | $0.26 | $0.29 | $0.28 | $0.30 | $0.31 | $0.33 | $0.36 |
Dividend yield | 3.06% | 2.86% | 2.50% | 1.93% | 2.11% | 2.71% | 3.18% | 2.91% | 3.17% | 3.29% | 3.44% | 3.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Core Fixed Income. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.02 | $0.02 | |||||||||
2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2021 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2019 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2018 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 |
2017 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2016 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 |
2015 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 |
2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Core Fixed Income. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal Core Fixed Income was 18.49%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Principal Core Fixed Income drawdown is 12.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-18.49% | Jan 5, 2021 | 455 | Oct 24, 2022 | — | — | — |
-15.62% | Mar 24, 1987 | 811 | May 1, 1990 | 1852 | Jun 5, 1997 | 2663 |
-11.31% | Jan 24, 2008 | 212 | Nov 24, 2008 | 115 | May 12, 2009 | 327 |
-9.31% | Mar 10, 2020 | 8 | Mar 19, 2020 | 69 | Jun 26, 2020 | 77 |
-6.04% | Jun 16, 2003 | 42 | Aug 14, 2003 | 88 | Dec 18, 2003 | 130 |
Volatility
Volatility Chart
The current Principal Core Fixed Income volatility is 1.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.