PICNX — Income Fund
Data updated: 2026-06-25
PICNX — Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $10.41B AUM · 0.34% expense ratio · 4.2% 1-yr return. From SEC regulatory filings.
PICNX Fund Overview
PICNX — Income Fund is a US mutual fund managed by Principal Funds, Inc., categorised as Long Corporate 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 Funds, Inc.
- Category: Long Corporate Bond
- Assets under management: $10.41B
- 1-year return: 4.2%
- Ticker: PICNX
- SEC CIK: 0000898745
- SEC series ID: S000014242
- Share class ID: C000149261
PICNX Holdings
Top 10 holdings of Income Fund 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 | 1.23% |
| AbbVie Inc | 0.58% |
| Biogen Inc | 0.57% |
| Waste Connections Inc | 0.51% |
| American Tower Corp | 0.50% |
| Truist Bank | 0.50% |
| Ryder System Inc | 0.49% |
| PNC Bank NA | 0.48% |
| NextEra Energy Capital Holdings Inc | 0.46% |
| Citigroup Inc | 0.46% |
PICNX Portfolio Allocation
Asset-class allocation of Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 73.2% |
| Securitized | 25.1% |
| Cash & Equivalents | 1.2% |
| Equity | 0.1% |
PICNX Performance
Total returns for PICNX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.1% |
| 1 year | 4.2% |
| 3 years (annualised) | 3.6% |
| 5 years (annualised) | 0.3% |
PICNX Risk Information
Risk metrics for PICNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
PICNX Costs and Fees
PICNX costs about $34 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.34%
- Gross expense ratio: 0.34%
- Portfolio turnover: 13%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
PICNX Cashflows
Over the 12 months to 2026-04, Income Fund had net outflows of $309.23M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$2.83M |
| 2026-03 | −$107.71M |
| 2026-02 | $61.33M |
| 2026-01 | −$104.44M |
| 2025-12 | $36.55M |
| 2025-11 | −$32.04M |
PICNX Debt Constituents
Largest debt holdings of Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| AbbVie Inc | 0.58% |
| Biogen Inc | 0.57% |
| Waste Connections Inc | 0.51% |
| American Tower Corp | 0.50% |
| Truist Bank | 0.50% |
| Ryder System Inc | 0.49% |
| PNC Bank NA | 0.48% |
| NextEra Energy Capital Holdings Inc | 0.46% |
| Citigroup Inc | 0.46% |
| PPL Electric Utilities Corp | 0.46% |
PICNX Prospectus and SEC Filings
Official Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate 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.