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The Stars Came Out at Five
The Principal Global Diversified Income Fund (Class I: PGDIX) recently celebrated its fifth anniversary and was recognized with an Overall Five-Star Morningstar RatingTM among 553 Conservative Allocation Funds as of 12/31/2013. (Based on total returns.)
Additionally, effective December 31, the monthly cash distribution for the Fund (Class A: PGBAX) increased from $0.042 to $0.0475, with asset allocation adjustments made in 2013 contributing to this increase.*
Allocating among several distinctive investment strategies and utilizing a multi-manager, multi-discipline approach, the Fund aims for:
- Consistent income.
- Added capital appreciation potential.
- Optimal risk-adjusted yield.
To learn more about the Principal Global Diversified Income Fund directly from the Portfolio Advisor and how it may fit into your portfolio, click here.
* See standardized performance here.
Past performance is no guarantee of future results. Morningstar proprietary ratings reflect historical risk-adjusted performance for funds with at least a 3-year performance history and are subject to change each month. Morningstar RatingsTM are calculated from a fund's three-, five-, and ten-year average annual returns in excess of the 90-day U.S. Treasury bill returns, with appropriate fee adjustments, and a risk factor that reflects performance below the 90-day Treasury bill return. Within each asset class the top 10% of funds receive 5 stars (Highest); the next 22.5% receive 4 stars (Above Average); the middle 35% earn 3 stars (Average); the next 22.5% receive 2 stars (Below Average); and the bottom 10% receive 1 star (Lowest). The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics. Copyright 2014 Morningstar, Inc. All rights reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Morningstar ratings for the other time periods are as follows: 3-year (4 stars/553 funds); 5-year (5 stars/491 funds); 10-year (N/A stars/230 funds).
Class I shares are available only to eligible investors, including various institutional investors and investors in certain mutual fund wrap or asset allocation programs. See the prospectus for eligibility requirements.
Funds shown may have recent negative performance. Please see principalfunds.com, or call 800-222-5852, for current performance information.
Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Lower-rated securities are subject to additional credit and default risks. Risks associated with preferred securities differ from risks inherent with other investments. In particular, in the event of bankruptcy, a company’s preferred securities are senior to common stock but subordinated to all other types of corporate debt. International investing involves increased risks due to currency fluctuations, political or social instability, and differences in accounting standards. These risks are magnified in emerging markets. REIT securities are subject to risk factors associated with the real estate industry and tax factors of REIT registration.
To obtain a prospectus, download online or call Sales Support at 1.800.787.1621
While this communication may be used to promote or market a transaction or an idea that is discussed in the publication, it is intended to provide general information about the subject matter covered and is provided with the understanding that The Principal® is not rendering legal, accounting, or tax advice. It is not a marketed opinion and may not be used to avoid penalties under the Internal Revenue Code. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements. For more information about our funds, including their full names, please see the Principal Funds, Inc. prospectus or call Sales Support at 1.800.787.1621.
Investing involves risk, including possible loss of principal.
Principal Funds are distributed by Principal Funds Distributor, Inc.
Not FDIC Insured - May Lose Value - No Bank Guarantee