PMGRX - Principal Government & High Qual Bd R-1
- Issuer: Principal Funds
- Expense Ratio: 1.29%
- ETFdb Category: Mortgage Backed Securities
- Benchmark Index Name: Citigroup Mortgage Index
- Benchmark Index Description: The index includes all outstanding government sponsored fixed-rate mortgage-backed securities, weighted in proportion to their current market capitalization.
ETF Alternatives To This Mutual Fund
In the tables below, ETF Database presents recommended exchange traded fund (ETF) alternatives to the mutual fund PMGRX. These recommendations are powered by ETFdb's Mutual Fund to ETF Converter tool.
How ETF Database has selected ETF alternatives to PMGRX: The mutual fund PMGRX has been benchmarked by Principal Funds against an index, Citigroup Mortgage Index, in its fund prospectus. The ETF alternatives to PMGRX listed below consist of (1) ETFs which track Citigroup Mortgage Index, and (2) ETFs which track other indexes in the same ETFdb Category as Citigroup Mortgage Index.
ETFs Linked To Citigroup Mortgage Index
There are no ETFs linked to Citigroup Mortgage Index.Mortgage Backed Securities ETFs
The following table presents exchange traded funds linked to indexes in the same ETFdb Category as Citigroup Mortgage Index.
| Ticker | ETF | Issuer | Expense Ratio |
|---|---|---|---|
| MBB | Barclays MBS Bond Fund | iShares |
|
| MBG | SPDR Barclays Capital Mortgage Backed Bond ETF | State Street |
|
| VMBS | Mortgage-Backed Securities Index Fund | Vanguard |
|
| CMBS | Barclays CMBS Bond Fund | iShares |
|
| GNMA | Barclays GNMA Bond Fund | iShares |
|
| COBO | USD Covered Bond | ProShares |
|
