PMRIX - Principal Government & High Qual Bd Inst
- Issuer: Principal Funds
- Expense Ratio: 0.51%
- 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 PMRIX. These recommendations are powered by ETFdb's Mutual Fund to ETF Converter tool.
How ETF Database has selected ETF alternatives to PMRIX: The mutual fund PMRIX has been benchmarked by Principal Funds against an index, Citigroup Mortgage Index, in its fund prospectus. The ETF alternatives to PMRIX 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 IndexThere 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.
|MBB||iShares MBS ETF||iShares||
|MBG||SPDR Barclays Capital Mortgage Backed Bond ETF||State Street SPDR||
|VMBS||Mortgage-Backed Securities Index Fund||Vanguard||
|CMBS||iShares CMBS ETF||iShares||
|GNMA||Barclays GNMA Bond Fund||iShares||
|COBO||USD Covered Bond||ProShares||
|MBSD||Disciplined Duration MBS Index Fund||FlexShares||
|LMBS||Low Duration Mortgage Opportunities ETF||First Trust||