Income Fund Financials
PICNX Fund | USD 8.62 0.03 0.35% |
Income |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Income Fund Fund Summary
Income Fund competes with Lgm Risk, Morningstar Aggressive, Federated Institutional, Ab Global, and Pioneer High. The fund invests primarily in a diversified pool of investment-grade fixed-income securities, including corporate securities, U.S. government securities, asset-backed securities and mortgage-backed securities. It maintains an average portfolio duration that is within 25 percent of the duration of the Bloomberg U.S. Aggregate Bond Index.Specialization | Intermediate Core Bond, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Principal Financial Group |
Mutual Fund Family | Principal Funds |
Mutual Fund Category | Intermediate Core Bond |
Benchmark | Dow Jones Industrial |
Phone | 800 222 5852 |
Currency | USD - US Dollar |
Income Fund Key Financial Ratios
Income Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Income Fund's current stock value. Our valuation model uses many indicators to compare Income Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Income Fund competition to find correlations between indicators driving Income Fund's intrinsic value. More Info.Income Fund R 6 is rated top fund in price to sales among similar funds. It is regarded second largest fund in annual yield among similar funds fabricating about 0.01 of Annual Yield per Price To Sales. The ratio of Price To Sales to Annual Yield for Income Fund R 6 is roughly 93.33 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Income Fund's earnings, one of the primary drivers of an investment's value.Income Fund R Systematic Risk
Income Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Income Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Income Fund R correlated with the market. If Beta is less than 0 Income Fund generally moves in the opposite direction as compared to the market. If Income Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Income Fund R is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Income Fund is generally in the same direction as the market. If Beta > 1 Income Fund moves generally in the same direction as, but more than the movement of the benchmark.
Income Fund November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Income Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Income Fund R 6. We use our internally-developed statistical techniques to arrive at the intrinsic value of Income Fund R 6 based on widely used predictive technical indicators. In general, we focus on analyzing Income Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Income Fund's daily price indicators and compare them against related drivers.
Information Ratio | (0.44) | |||
Maximum Drawdown | 1.29 | |||
Value At Risk | (0.58) | |||
Potential Upside | 0.4608 |
Other Information on Investing in Income Mutual Fund
Income Fund financial ratios help investors to determine whether Income 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 Income with respect to the benefits of owning Income Fund security.
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