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Trending ETFs

Name

As of 03/01/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.43

$5.91 B

0.78%

$0.06

-

Vitals

YTD Return

-0.4%

1 yr return

1.4%

3 Yr Avg Return

2.6%

5 Yr Avg Return

2.0%

Net Assets

$5.91 B

Holdings in Top 10

11.1%

52 WEEK LOW AND HIGH

$12.4
$11.84
$12.57

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 76.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/01/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.43

$5.91 B

0.78%

$0.06

-

PSINX - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.12%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal Short-Term Income Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jul 12, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Peterson

Fund Description

The Fund seeks to achieve its investment objective by investing in a broad range of high-quality, fixed-income securities. The Fund invests primarily in high quality short-term bonds and other fixed-income securities that, at the time of purchase, are rated BBB- or higher by S&P Global Ratings (“S&P Global”) or Baa3 or higher by Moody’s Investors Service, Inc. (“Moody’s”) (if securities are rated differently by S&P Global and Moody’s, the highest rating is used; or, if unrated, in the opinion of those selecting such investments, are of comparable quality). The Fund’s investments also include corporate securities, government securities, and mortgage-backed and asset-backed securities (securitized products). The Fund invests in foreign securities.Under normal circumstances, the Fund maintains an effective maturity of five years or less and an average portfolio duration that is within ±15% of the duration of the Bloomberg Credit 1-3 Year Index, which as of December 31, 2021 was 1.83years.The Fund invests in derivatives, including Treasury futures, to manage the fixed-income exposure. A derivative is a financial arrangement, the value of which is derived from, or based on, a traditional security, asset, or market index.
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PSINX - Performance

Return Ranking - Trailing

Period PSINX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -3.1% 3.0% 50.08%
1 Yr 1.4% -5.0% 13.2% 89.57%
3 Yr 2.6%* 1.0% 7.3% 87.92%
5 Yr 2.0%* 0.6% 8.0% 82.09%
10 Yr 1.6%* 0.3% 4.3% 75.42%

* Annualized

Return Ranking - Calendar

Period PSINX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -23.0% 206.3% 53.97%
2022 2.2% -2.4% 6.6% 31.73%
2021 -1.2% -50.6% 1.0% 43.46%
2020 0.1% -2.6% 3.0% 33.96%
2019 0.6% -65.8% 10.9% 31.78%

Total Return Ranking - Trailing

Period PSINX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -3.1% 3.0% 50.08%
1 Yr 1.4% -6.6% 13.2% 72.68%
3 Yr 2.6%* -0.2% 7.3% 79.93%
5 Yr 2.0%* -0.1% 8.0% 76.87%
10 Yr 1.6%* 0.2% 4.3% 72.08%

* Annualized

Total Return Ranking - Calendar

Period PSINX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -23.0% 206.3% 53.97%
2022 2.2% -2.3% 7.2% 34.05%
2021 -1.2% -4.2% 6.5% 50.38%
2020 0.1% -2.6% 5.9% 44.86%
2019 0.6% -65.2% 10.9% 42.67%

NAV & Total Return History


PSINX - Holdings

Concentration Analysis

PSINX Category Low Category High PSINX % Rank
Net Assets 5.91 B 4.55 M 75.1 B 21.28%
Number of Holdings 507 1 4705 40.00%
Net Assets in Top 10 122 M -601 M 8.13 B 59.34%
Weighting of Top 10 11.09% 2.2% 100.0% 89.75%

Top 10 Holdings

  1. US 5YR NOTE (CBT) MAR21 4.51%
  2. US 5YR NOTE (CBT) MAR21 4.51%
  3. US 5YR NOTE (CBT) MAR21 4.51%
  4. US 5YR NOTE (CBT) MAR21 4.51%
  5. US 5YR NOTE (CBT) MAR21 4.51%
  6. US 5YR NOTE (CBT) MAR21 4.51%
  7. United States Treasury Bills 1.00%
  8. Federal National Mortgage Association 1.88% 0.83%
  9. Federal National Mortgage Association 2.12% 0.83%
  10. United States Treasury Bills 0.83%

Asset Allocation

Weighting Return Low Return High PSINX % Rank
Bonds
83.40% 0.00% 145.57% 89.67%
Cash
15.00% -47.76% 100.00% 10.66%
Convertible Bonds
1.60% 0.00% 22.73% 52.46%
Stocks
0.00% -0.59% 6.71% 90.33%
Preferred Stocks
0.00% 0.00% 41.32% 90.98%
Other
0.00% -4.26% 17.16% 84.10%

Bond Sector Breakdown

Weighting Return Low Return High PSINX % Rank
Corporate
52.44% 0.00% 99.86% 28.52%
Securitized
28.64% 0.00% 90.31% 49.02%
Cash & Equivalents
14.73% 0.00% 100.00% 22.62%
Government
4.20% 0.00% 76.57% 78.69%
Derivative
0.00% 0.00% 26.77% 89.34%
Municipal
0.00% 0.00% 22.48% 94.75%

Bond Geographic Breakdown

Weighting Return Low Return High PSINX % Rank
US
76.34% -0.83% 108.58% 61.97%
Non US
7.06% 0.00% 92.31% 74.43%

PSINX - Expenses

Operational Fees

PSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 34.57% 25.60%
Management Fee 0.41% 0.00% 1.19% 75.94%
12b-1 Fee 0.30% 0.00% 1.00% 59.38%
Administrative Fee 0.20% 0.01% 0.50% 86.31%

Sales Fees

PSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

PSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 76.00% 0.00% 496.37% 52.43%

PSINX - Distributions

Dividend Yield Analysis

PSINX Category Low Category High PSINX % Rank
Dividend Yield 0.78% 0.00% 1.92% 90.51%

Dividend Distribution Analysis

PSINX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PSINX Category Low Category High PSINX % Rank
Net Income Ratio 1.12% -9.96% 4.45% 91.20%

Capital Gain Distribution Analysis

PSINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PSINX - Fund Manager Analysis

Managers

Scott Peterson


Start Date

Tenure

Tenure Rank

Jan 01, 2010

11.17

11.2%

Scott J. Peterson has been with Edge since 2002. He earned a bachelors degree in Mathematics from Brigham Young University and an M.B.A. from New York Universitys Stern School of Business. Mr. Peterson has earned the right to use the Chartered Financial Analyst designation.

John Friedl


Start Date

Tenure

Tenure Rank

May 19, 2010

10.79

10.8%

John R. Friedl has been with Principal® since 1998. He earned a B.A. in Communications and History from the University of Washington and a master's degree in Finance from Seattle University. Mr. Friedl has earned the right to use the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.08 5.8 1.16