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
US74254V6386
74254V638
Dec 15, 1975
$1,000
Expense Ratio
CMPIX features an expense ratio of 0.74%, falling within the medium range.
Share Price Chart
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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 0.24% year-to-date (YTD) and 3.40% in the last 12 months. Over the past 10 years, Principal Core Fixed Income had an annualized return of 1.38%, while the S&P 500 had an annualized return of 11.31%, indicating that Principal Core Fixed Income did not perform as well as the benchmark.
CMPIX
0.24%
0.48%
-1.87%
3.40%
-0.73%
1.38%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of CMPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.12% | 0.24% | |||||||||||
| 2024 | -0.09% | -1.39% | 0.59% | -2.19% | 1.64% | 0.85% | 2.31% | 1.34% | 1.40% | -2.46% | 1.10% | -1.70% | 1.26% |
| 2023 | 3.31% | -2.45% | 2.28% | 0.56% | -1.26% | -0.21% | 0.00% | -0.70% | -2.87% | -1.56% | 4.67% | 3.88% | 5.44% |
| 2022 | -2.06% | -1.40% | -2.45% | -3.70% | 0.40% | -1.82% | 2.49% | -2.59% | -4.14% | -1.33% | 3.65% | -0.58% | -12.98% |
| 2021 | -0.73% | -1.63% | -1.24% | 0.98% | 0.15% | 0.86% | 1.07% | -0.34% | -0.64% | -0.14% | -0.14% | -0.22% | -2.02% |
| 2020 | 1.87% | 1.38% | -3.71% | 3.62% | 0.79% | 1.38% | 2.07% | -0.70% | -0.12% | -0.32% | 1.24% | 0.27% | 7.86% |
| 2019 | 1.35% | 0.25% | 1.88% | 0.04% | 1.12% | 1.17% | 0.46% | 2.43% | -0.71% | 0.30% | -0.02% | 0.10% | 8.64% |
| 2018 | -0.60% | -0.93% | 0.37% | -0.28% | 0.70% | -0.16% | 0.16% | 0.62% | -0.41% | -0.80% | -0.04% | 1.14% | -0.23% |
| 2017 | 0.45% | 0.87% | -0.15% | 0.65% | 0.78% | -0.17% | 0.55% | 0.66% | -0.07% | 0.13% | -0.07% | 0.47% | 4.16% |
| 2016 | 0.45% | 0.38% | 1.79% | 1.02% | 0.16% | 1.85% | 0.89% | 0.25% | 0.16% | -0.37% | -2.14% | 0.60% | 5.09% |
| 2015 | 1.70% | -0.38% | 0.26% | 0.04% | 0.05% | -1.20% | 0.26% | -0.81% | 0.03% | 0.24% | -0.31% | -1.21% | -1.33% |
| 2014 | 1.36% | 1.00% | -0.10% | 0.92% | 1.32% | 0.08% | -0.32% | 1.00% | -1.05% | 0.82% | 0.34% | -0.45% | 5.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CMPIX is 24, meaning it’s performing worse than 76% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 3.00% dividend yield over the last twelve months, with an annual payout of $0.25 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.28 | $0.25 | $0.21 | $0.19 | $0.22 | $0.27 | $0.30 | $0.28 | $0.30 | $0.31 | $0.33 |
Dividend yield | 3.00% | 3.27% | 2.87% | 2.54% | 1.94% | 2.13% | 2.76% | 3.20% | 2.91% | 3.17% | 3.29% | 3.44% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 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 | $0.25 |
| 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 | $0.21 |
| 2021 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 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 | $0.22 |
| 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 | $0.27 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.30 |
| 2017 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.28 |
| 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 | $0.30 |
| 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 | $0.31 |
| 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 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 18.46%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Principal Core Fixed Income drawdown is 8.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.46% | Jan 5, 2021 | 453 | Oct 24, 2022 | — | — | — |
| -16.68% | Jun 12, 1985 | 1224 | May 1, 1990 | 1719 | Feb 14, 1997 | 2943 |
| -11.31% | Jan 24, 2008 | 212 | Nov 24, 2008 | 115 | May 12, 2009 | 327 |
| -9.31% | Mar 9, 2020 | 9 | Mar 19, 2020 | 69 | Jun 26, 2020 | 78 |
| -6.04% | Jun 16, 2003 | 43 | Aug 14, 2003 | 88 | Dec 18, 2003 | 131 |
Volatility
Volatility Chart
The current Principal Core Fixed Income volatility is 1.38%, 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.