Investment Test Drive

PMRDX Principal Government & High Qual Bd R4

1 lower fee alternative found

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Fund PMRDX Principal Government & High Qual Bd R4 GGIUX Goldman Sachs US Mortgages R6  
Similarity
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100% 85%
Annual Fees
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$80.67
(0.79% Exp. Ratio)
$45.95
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.11% annual return
$14,738.18 $16,331.21
Est. savings over 30 yrs +$1,593.03
Return
As of 12/31/16
1 YR RETURN 1.37%
3 YR 2.28%
5 YR 1.81%
10 YR 3.79%
1 YR RETURN 1.96%
3 YR 3.17%
5 YR 2.86%
10 YR 4.12%
Description
The investment seeks a high level of current income consistent with safety and liquidity. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities issued by the U.S. government, its agencies or instrumentalities or securities that are rated AAA by S&P's Rating Service or Aaa by Moody's Investors Service, Inc., or, if unrated, in the opinion of the Sub-Advisor of comparable quality including but not limited to mortgage securities such as agency and non-agency collateralized mortgage obligations, and other obligations that are secured by mortgages or mortgage-backed securities at the time of purchase.
The investment seeks a high level of total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in securities representing direct or indirect interests in or that are collateralized by adjustable rate and fixed rate mortgage loans or other mortgage-related securities of U.S. issuers. It may also invest in mortgage dollar rolls, securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises, asset-backed securities and foreign securities.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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