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Principal Government & High Qual Bd C (CCUGX)

On Feb 9: 10.98 USD  Down 0.01 (0.09%)  
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Profile  As of 31-Jan-10 Get Profile for:
Principal Government & High Qual Bd C
Principal Funds Inc Principal Financial Group 711 High St Des Moines, IA 50392
Phone: 800-222-5852
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FUND OVERVIEW
Category: Intermediate Government
Fund Family: Principal Funds
Net Assets: 33.74M
Year-to-Date Return: 1.49%
Yield: 3.46%
Morningstar Rating: 3 stars
Fund Inception Date: 01-Mar-02
MORNINGSTAR STYLE BOX
Intermediate Government
[View Category Definition]
View Top Intermediate Government Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Craig V. Sosey
Lead Manager since 01-Nov-98
Sosey is the portfolio manager of Edge. He has been employed by Edge since May 1998. Prior to that, he was the assistant treasurer of California Federal Bank, where he worked for over eight years.
INVESTMENT INFORMATION
Min Initial Investment: $1,000
Min Initial Investment, IRA: NaN
Min Initial Investment, AIP: $100
Min Subsequent Investment: $100
Min Subsequent Investment, IRA: N/A
Min Subsequent Investment, AIP: $100
CCUGX can be purchased from 9 brokerages.
FUND SUMMARY
The investment seeks to provide a high level of current income consistent with safety and liquidity. The fund invests primarily (at least 80% of net assets) in securities issued by the U.S. government, its agencies or instrumentalities or securities that are rated AAA by S&P, AAA by Fitch, or Aaa by Moody?s. It may also invest in mortgage-backed securities that are not issued by the U.S. government, its agencies or instrumentalities or rated AAA by S&P, AAA by Fitch, or Aaa by Moody?s, including collateralized mortgage obligations, and in other obligations. The fund may also invest in dollar rolls.
FUND OPERATIONS
Last Dividend (29-Jan-10): 0.03
Last Cap Gain N/A
Annual Holdings Turnover 26.60%
Average for Category: 344.22%
FEES & EXPENSES
Expense CCUGX Category
Avg
Total Expense Ratio: 1.63% 1.01%
Max 12b1 Fee: 1.00% N/A
Max Front End Sales Load: % 4.08%
Max Deferred Sales Load: 1.00% 2.74%
3 Yr Expense Projection*: $576 $484
5 Yr Expense Projection*: $1,018 $726
10 Yr Expense Projection*: $2,245 $1,412
* Per $10,000 invested


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