Principal Diversified Income Fund (PGDIX)
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. Such securities include instruments with variable or floating interest rates. The fixed income portion of the it is not managed to a particular maturity or duration. The fund invests in foreign, including emerging market, securities.
Fund Info
| ISIN | US74254V2328 |
|---|---|
| CUSIP | 74254V232 |
| Issuer | Principal Funds |
| Inception Date | Dec 14, 2008 |
| Category | Multisector Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
PGDIX features an expense ratio of 0.68%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PGDIX vs. ONEQ, PGDIX vs. FSKAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Diversified Income Fund, 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 Diversified Income Fund had a return of 6.25% year-to-date (YTD) and 12.00% in the last 12 months. Over the past 10 years, Principal Diversified Income Fund had an annualized return of 3.54%, while the S&P 500 had an annualized return of 10.85%, indicating that Principal Diversified Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.25% | 17.79% |
| 1 month | 1.33% | 0.18% |
| 6 months | 5.29% | 7.53% |
| 1 year | 12.00% | 26.42% |
| 5 years (annualized) | 3.03% | 13.48% |
| 10 years (annualized) | 3.54% | 10.85% |
Monthly Returns
The table below presents the monthly returns of PGDIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.50% | -0.43% | 1.34% | -1.19% | 1.29% | 0.50% | 1.78% | 1.25% | 6.25% | ||||
| 2023 | 3.45% | -1.47% | 0.23% | 0.73% | -0.88% | 1.00% | 1.04% | -0.57% | -1.62% | -1.13% | 4.30% | 3.35% | 8.53% |
| 2022 | -2.43% | -1.76% | -0.27% | -2.92% | -0.64% | -3.95% | 2.89% | -1.26% | -4.09% | 0.22% | 3.07% | -0.39% | -11.20% |
| 2021 | -0.15% | 0.74% | 1.49% | 2.07% | 1.16% | 0.14% | 0.94% | 1.22% | -1.88% | 1.30% | -1.04% | 2.45% | 8.66% |
| 2020 | 0.68% | -2.23% | -15.63% | 1.98% | 3.13% | 2.20% | 3.57% | 1.83% | -0.27% | 0.68% | 5.05% | 2.61% | 1.89% |
| 2019 | 4.49% | 0.86% | 1.05% | 1.27% | -0.82% | 2.32% | 0.55% | -0.05% | 0.84% | 0.69% | 0.03% | 1.85% | 13.77% |
| 2018 | 1.50% | -2.79% | 0.52% | 0.01% | -0.78% | -0.72% | 1.72% | -1.15% | 0.61% | -2.36% | 0.09% | -2.04% | -5.38% |
| 2017 | 1.75% | 1.59% | 0.05% | 1.14% | 0.77% | 0.17% | 1.47% | 0.88% | 0.34% | 0.47% | 0.50% | 0.67% | 10.23% |
| 2016 | -1.57% | 0.43% | 3.50% | 1.65% | 0.20% | 1.94% | 1.90% | 0.85% | 0.70% | -0.32% | -1.49% | 1.56% | 9.63% |
| 2015 | 0.57% | 1.34% | -0.15% | 1.48% | -0.08% | -1.77% | 0.35% | -2.25% | -1.63% | 2.55% | -0.82% | -1.71% | -2.23% |
| 2014 | 0.51% | 2.56% | 1.19% | 1.39% | 1.63% | 1.40% | -1.07% | 1.48% | -1.74% | 0.60% | -0.28% | -1.18% | 6.58% |
| 2013 | 2.09% | 0.50% | 1.29% | 2.26% | -2.17% | -2.02% | 1.06% | -1.25% | 1.43% | 2.65% | -0.45% | 0.75% | 6.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PGDIX is 84, placing it in the top 16% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Diversified Income Fund (PGDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Diversified Income Fund granted a 6.48% dividend yield in the last twelve months. The annual payout for that period amounted to $0.79 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.79 | $0.77 | $0.62 | $0.64 | $0.62 | $0.71 | $0.65 | $0.66 | $0.77 | $0.69 | $1.01 | $0.68 |
Dividend yield | 6.48% | 6.47% | 5.34% | 4.59% | 4.63% | 5.12% | 5.11% | 4.67% | 5.76% | 5.27% | 7.19% | 4.83% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Diversified Income Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.47 | |||
| 2023 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.13 | $0.77 |
| 2022 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.08 | $0.62 |
| 2021 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.64 |
| 2020 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.62 |
| 2019 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.09 | $0.71 |
| 2018 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.08 | $0.65 |
| 2017 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.66 |
| 2016 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.16 | $0.77 |
| 2015 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.15 | $0.69 |
| 2014 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.46 | $1.01 |
| 2013 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.12 | $0.68 |
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 Diversified Income Fund. 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 Diversified Income Fund was 23.76%, occurring on Mar 23, 2020. Recovery took 197 trading sessions.
The current Principal Diversified Income Fund drawdown is 0.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.76% | Feb 24, 2020 | 21 | Mar 23, 2020 | 197 | Dec 31, 2020 | 218 |
| -20.96% | Jan 7, 2009 | 42 | Mar 9, 2009 | 37 | Apr 30, 2009 | 79 |
| -14.6% | Jan 3, 2022 | 203 | Oct 21, 2022 | 444 | Jul 31, 2024 | 647 |
| -10.59% | Jul 11, 2011 | 61 | Oct 4, 2011 | 82 | Feb 1, 2012 | 143 |
| -9.69% | Apr 29, 2015 | 200 | Feb 11, 2016 | 97 | Jun 30, 2016 | 297 |
Volatility
Volatility Chart
The current Principal Diversified Income Fund volatility is 0.55%, 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.