Bond Market Index Account
Data updated: 2026-08-25
C000112990 — Bond Market Index Account. Long Total / Aggregate Bond · $1.70B AUM · 0.15% expense ratio. Holdings, fees, performance and SEC filings.
C000112990 Fund Overview
Bond Market Index Account is a US mutual fund managed by Principal Variable Contracts Funds Inc, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Principal Variable Contracts Funds Inc
- Category: Long Total / Aggregate Bond
- Assets under management: $1.70B
- 1-year return: 3.7%
- SEC CIK: 0000012601
- SEC series ID: S000036925
- Share class ID: C000112990
C000112990 Investment Objective and Strategy
Bond Market Index Account describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Principal Variable Contracts Funds Inc.
Investment objective
The Fund seeks to provide current income.
Principal investment strategy
Under normal circumstances, the Fund uses a passive investment approach known as sampling to invest at least 80% of its net assets, plus any borrowings for investment purposes, in investments designed to track the Bloomberg US Aggregate Index (the Index). The Index is composed of investment-grade, fixed-rate debt issues with maturities of one year or more, including government securities, corporate securities, and asset-backed and mortgage-backed securities (securitized products). As of March 31, 2026, the Index was composed of 14,087 issues. The Index is rebalanced monthly to reflect securities that have dropped out of or entered the Index in the preceding month. Generally, the Fund makes corresponding changes to its portfolio shortly after Index changes are made public. Because of the practical difficulties and expense of purchasing all of the securities in the Index, the Fund does not purchase all of the securities in the Index.
Instead, the Fund uses a sampling methodology to purchase securities with generally the same risk and return characteristics of the Index. Under normal circumstances, the Fund maintains an average portfolio duration that is in line with the duration of the Index, which as of March 31, 2026 was 5.78 years. The Fund will not concentrate (i.e., invest more than 25% of its assets) its investments in a particular industry except to the extent the Index is so concentrated. As of March 31, 2026, the Index was not concentrated in any industry.
C000112990 Holdings
Top 10 holdings of Bond Market Index Account by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 1.12% |
| United States Treasury Note/Bond | 1.11% |
| United States Treasury Note/Bond | 1.06% |
| United States Treasury Note/Bond | 0.75% |
| United States Treasury Note/Bond | 0.69% |
| United States Treasury Note/Bond | 0.60% |
| United States Treasury Note/Bond | 0.59% |
| United States Treasury Note/Bond | 0.58% |
| United States Treasury Note/Bond | 0.57% |
| United States Treasury Note/Bond | 0.55% |
C000112990 Portfolio Allocation
Asset-class allocation of Bond Market Index Account by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 73.7% |
| Securitized | 24.9% |
| Cash & Equivalents | 1.2% |
| Equity | 0.2% |
C000112990 Performance
Total returns for C000112990 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.6% |
| 1 year | 3.7% |
| 3 years (annualised) | 4.0% |
| 5 years (annualised) | -0.1% |
C000112990 Risk Information
Risk metrics for C000112990, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.0%
C000112990 Costs and Fees
C000112990 costs about $15 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.15%
- Gross expense ratio: 0.15%
- Portfolio turnover: 40%
- Brokerage commissions: 0.13 bps of average net assets (SEC N-CEN)
C000112990 Cashflows
Over the 12 months to 2026-06, Bond Market Index Account had net outflows of $182.08M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$46.90M |
| 2026-05 | $15.93M |
| 2026-04 | $20.19M |
| 2026-03 | −$59.89M |
| 2026-02 | −$32.13M |
| 2026-01 | −$16.29M |
C000112990 Debt Constituents
Largest debt holdings of Bond Market Index Account by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Note/Bond | 1.11% |
| United States Treasury Note/Bond | 1.06% |
| United States Treasury Note/Bond | 0.75% |
| United States Treasury Note/Bond | 0.69% |
| United States Treasury Note/Bond | 0.60% |
| United States Treasury Note/Bond | 0.59% |
| United States Treasury Note/Bond | 0.58% |
| United States Treasury Note/Bond | 0.57% |
| United States Treasury Note/Bond | 0.55% |
| United States Treasury Note/Bond | 0.54% |
C000112990 Prospectus and SEC Filings
Official Bond Market Index Account filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.