| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
4
4
1
4
2
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
---
|
|
TheStreet.com
B+
(Buy)
|
U.S. News evaluated 320 Intermediate-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 14.83 percent over the past year, 11.11 percent over the past three years, 9.85 percent over the past five years, and 6.41 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 4.3% |
| 1 Year | 14.8% |
| 3 Years (Annualized) | 11.1% |
| 5 Years (Annualized) | 9.9% |
| 10 Years (Annualized) | 6.4% |
Summary
The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. It concentrates its investments (invests more than 25% of its net assets) in securities in the U.S. and non-U.S. financial services (i.e., banking, insurance and commercial finance,) industry. The fund also regularly invests in the real estate investment trust (i.e. REIT) and utility industries.
Fees
Fees are Above Average compared to funds in the same category.
Principal Preferred Securities Fund has an expense ratio of 0.75 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
