Principal Inflation Protection A
Principal Financial Group 711 High St Des Moines IA 50392
Map
Phone: 800-222-5852
| Category: | Inflation-Protected Bond | | Fund Family: | Principal Funds | | Net Assets: | 8.50M | | Year-to-Date Return: | -4.34% | | Yield: | 10.10% | | Morningstar Rating: |  | | Fund Inception Date: | 28-Jun-05 |
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Martin J. Schafer
Lead Manager since
29-Dec-04 | | | Schafer is a portfolio manager for PGI. He specializes in short-term and long duration portfolios, as well as the Inflation Protection Fund and stable value mandates. He also has experience in managing mortgage-backed securities. Schafer joined the firm in 1977 and in the early 1980s he developed the firms secondary mortgage marketing operation. In 1984, Schafer assumed portfolio management responsibility for its residential mortgage portfolio. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to provide current income and real (after-inflation) total returns. The fund invests primarily in inflation protected debt securities issued by the U.S. Treasury and U.S. government sponsored entities as well as corporations, floating rate notes, etc. It normally hedges at least 75% of exposure to foreign currency. The fund may invest up to 20% of assets in securities denominated in foreign currencies. It may invest up to 15% of assets in high yield securities but not in securities rated lower than CCC- or Caa3 by S&P or Moody's or, if unrated, determined by PGI to be of comparable quality. |
| Last Dividend
(29-Aug-08):
| 0.05 | | Last Cap Gain
(6-Dec-05):
| 0.01 | | Annual Holdings Turnover
| 88.00% | | Average for Category:
| 226.51% |
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| Expense | PITAX | Category
Avg | | Total Expense Ratio: | 0.90%
| 0.86% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.50%
| 4.16% | | Max Deferred Sales Load: | 0.00%
| 2.40% | | 3 Yr Expense Projection*: |
$811 | $503 | | 5 Yr Expense Projection*: |
$1,112 | $812 | | 10 Yr Expense Projection*: |
$1,967 | $1,646 |
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