PSIPX: Principal Short-Term Income R4

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PSIPX Principal Short-Term Income R4


Profile

PSIPX - Profile

Vitals

  • YTD Return 2.0%
  • 3 Yr Annualized Return 0.9%
  • 5 Yr Annualized Return 0.5%
  • Net Assets $5.44 B
  • Holdings in Top 10 13.1%

52 WEEK LOW AND HIGH

$12.54
$11.84
$12.54

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 52.40%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.0%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 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 or Baa3 or higher by Moody's. It maintains an effective maturity of five years or less and an average portfolio duration that is within ±15% of the duration of the Bloomberg Barclays Credit 1-3 Year Index.


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Categories

Performance

PSIPX - Performance

Return Ranking - Trailing

Period PSIPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -31.6% 954.3% 41.22%
1 Yr 2.5% -27.5% 965.8% 41.48%
3 Yr 0.9%* -9.5% 121.4% 51.80%
5 Yr 0.5%* -7.8% 60.8% 49.61%
10 Yr N/A* -5.0% 3.6% 29.09%

* Annualized

Return Ranking - Calendar

Period PSIPX Return Category Return Low Category Return High Rank in Category (%)
2019 2.2% -1.7% 20.3% 79.35%
2018 -1.2% -24.9% 0.8% 18.04%
2017 0.1% -6.0% 17.1% 80.84%
2016 0.6% -14.9% 15.0% 28.11%
2015 -0.9% -18.3% 3.0% 47.40%

Total Return Ranking - Trailing

Period PSIPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -31.6% 954.3% 41.22%
1 Yr 2.5% -27.5% 965.8% 41.45%
3 Yr 0.9%* -8.8% 121.4% 56.48%
5 Yr 0.5%* -7.7% 60.8% 57.69%
10 Yr N/A* -5.0% 6.8% 34.96%

* Annualized

Total Return Ranking - Calendar

Period PSIPX Return Category Return Low Category Return High Rank in Category (%)
2019 2.2% -1.7% 20.3% 79.78%
2018 -1.2% -24.9% 3.1% 25.64%
2017 0.1% -6.0% 27.0% 84.08%
2016 0.6% -14.8% 15.0% 34.91%
2015 -0.9% -12.6% 4.2% 54.77%

NAV & Total Return History


Holdings

PSIPX - Holdings

Concentration Analysis

PSIPX Category Low Category High PSIPX % Rank
Net Assets 5.44 B 622 K 277 B 13.85%
Number of Holdings 478 1 18073 36.43%
Net Assets in Top 10 698 M -587 M 21.3 B 14.79%
Weighting of Top 10 13.12% 2.3% 100.0% 76.36%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PSIPX % Rank
Bonds
95.49% 71.08% 169.81% 59.49%
Cash
3.22% -72.40% 27.48% 41.56%
Convertible Bonds
1.29% 0.00% 10.07% 23.24%
Stocks
0.00% -0.93% 19.79% 85.28%
Preferred Stocks
0.00% -0.14% 8.39% 86.08%
Other
0.00% -27.60% 28.63% 81.68%

Bond Sector Breakdown

Weighting Return Low Return High PSIPX % Rank
Corporate
52.31% 0.00% 99.89% 10.64%
Securitized
26.93% 0.00% 97.63% 29.76%
Government
16.90% -2.21% 100.00% 34.30%
Cash & Equivalents
3.86% -26.49% 41.51% 39.64%
Derivative
0.00% -0.83% 24.19% 85.90%
Municipal
0.00% 0.00% 100.11% 97.28%

Bond Geographic Breakdown

Weighting Return Low Return High PSIPX % Rank
US
89.64% 58.40% 150.78% 60.01%
Non US
5.85% -52.35% 33.81% 41.80%

Expenses

PSIPX - Expenses

Operational Fees

PSIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 34.57% 48.44%
Management Fee 0.41% 0.00% 1.50% 60.99%
12b-1 Fee 0.10% 0.00% 1.00% 19.84%
Administrative Fee 0.03% 0.00% 0.50% 4.07%

Sales Fees

PSIPX 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 0.25% 5.50% N/A

Trading Fees

PSIPX 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.

PSIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.40% 0.00% 496.90% 57.21%

Distributions

PSIPX - Distributions

Dividend Yield Analysis

PSIPX Category Low Category High PSIPX % Rank
Dividend Yield 0.00% 0.00% 5.94% 85.52%

Dividend Distribution Analysis

PSIPX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PSIPX Category Low Category High PSIPX % Rank
Net Income Ratio 2.12% -0.81% 6.02% 73.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PSIPX - Fund Manager Analysis

Managers

Scott Peterson


Start Date

Tenure

Tenure Rank

Jan 01, 2010

10.5

10.5%

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

10.12

10.1%

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
0.14 33.6 7.53 0.5