Bond Market is trading at 8.69 as of the 26th of November 2024; that is 0.81 percent up since the beginning of the trading day. The fund's open price was 8.62. Bond Market has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Bond Market Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 26th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in investments designed to track the Bloomberg U.S. Aggregate Bond Index at the time of purchase. The index is composed of investment grade, fixed-rate debt issues with maturities of one year or more, including government securities, corporate securities, and asset-backed and mortgage-backed securities .. More on Bond Market Index
Bond Market Index [PNIIX] is traded in USA and was established 26th of November 2024. Bond Market is listed under Principal Funds category by Fama And French industry classification. The fund is listed under Intermediate Core Bond category and is part of Principal Funds family. This fund at this time has accumulated 2.5 B in assets with no minimum investment requirementsBond Market Index is currently producing year-to-date (YTD) return of 1.41% with the current yeild of 0.0%, while the total return for the last 3 years was -2.41%.
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Bond Market financial ratios help investors to determine whether Bond Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bond with respect to the benefits of owning Bond Market security.