Principal Bond Market Index Institutional Class (PNIIX) is a Intermediate Core Bond fund with $2.75 Billion in assets. The fund allocates 4.38% of its portfolio to its top 10 holdings. It primarily invests in averagemarketcap cap stocks , with a focus on the cash and equivalents sector.
The largest holding in the fund is Principal Government Money Market Fund - Class R-6 at 2.09% of total assets. This is followed by iShares iBoxx $ Investment Grade Corporate Bond ETF (0.70%) and United States Treasury Note/Bond (0.48%).