STCCX: Principal Short-Term Income C

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STCCX Principal Short-Term Income C


Profile

STCCX - Profile

Vitals

  • YTD Return -0.9%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return -0.1%
  • Net Assets $5.28 B
  • Holdings in Top 10 13.9%

52 WEEK LOW AND HIGH

$12.19
$11.85
$12.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.59%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 52.40%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.33%
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
    Mar 01, 2002
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

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

STCCX - Performance

Return Ranking - Trailing

Period STCCX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -25.7% 196.2% 42.63%
1 Yr 0.2% -24.6% 191.4% 55.25%
3 Yr 0.0%* -7.9% 8.8% 57.17%
5 Yr -0.1%* -6.0% 11.5% 35.26%
10 Yr 0.2%* -5.4% 4.0% 50.91%

* Annualized

Return Ranking - Calendar

Period STCCX Return Category Return Low Category Return High Rank in Category (%)
2019 2.2% -4.3% 18.3% 79.15%
2018 -1.2% -11.7% 4.6% 18.00%
2017 0.1% -6.0% 8.3% 80.45%
2016 0.6% -7.8% 8.7% 28.12%
2015 -0.9% -18.3% 3.0% 47.30%

Total Return Ranking - Trailing

Period STCCX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -25.7% 196.2% 42.63%
1 Yr 0.2% -24.6% 191.4% 55.25%
3 Yr 0.0%* -7.9% 10.8% 62.12%
5 Yr -0.1%* -6.0% 11.5% 44.72%
10 Yr 0.2%* -5.4% 6.9% 63.15%

* Annualized

Total Return Ranking - Calendar

Period STCCX Return Category Return Low Category Return High Rank in Category (%)
2019 2.2% -4.3% 18.3% 79.48%
2018 -1.2% -11.7% 6.5% 25.45%
2017 0.1% -6.0% 10.4% 83.74%
2016 0.6% -7.8% 14.1% 34.72%
2015 -0.9% -12.6% 4.2% 54.33%

NAV & Total Return History


Holdings

STCCX - Holdings

Concentration Analysis

STCCX Category Low Category High STCCX % Rank
Net Assets 5.28 B 640 K 259 B 13.45%
Number of Holdings 483 1 17723 34.93%
Net Assets in Top 10 763 M -216 M 24.5 B 14.59%
Weighting of Top 10 13.85% 2.4% 100.0% 74.44%

Top 10 Holdings

  1. Federal National Mortgage Association 2.12% 3.31%
  2. Federal National Mortgage Association 1.88% 2.13%
  3. United States Treasury Notes 1.75% 1.96%
  4. United States Treasury Notes 1.62% 1.83%
  5. Federal National Mortgage Association 1.25% 0.88%
  6. Federal Home Loan Mortgage Corporation 1.5% 0.81%
  7. United States Treasury Notes 1.88% 0.75%
  8. Federal National Mortgage Association 1.38% 0.73%
  9. Federal National Mortgage Association 2% 0.72%
  10. Morgan Stanley 3.2% 0.72%

Asset Allocation

Weighting Return Low Return High STCCX % Rank
Bonds
96.15% 80.16% 159.74% 59.90%
Cash
2.66% -59.74% 19.74% 40.92%
Convertible Bonds
1.19% 0.00% 7.24% 18.59%
Stocks
0.00% -0.38% 24.73% 52.87%
Preferred Stocks
0.00% 0.00% 7.43% 57.30%
Other
0.00% -4.02% 28.26% 53.66%

Bond Sector Breakdown

Weighting Return Low Return High STCCX % Rank
Corporate
47.92% 0.00% 99.29% 10.24%
Securitized
30.29% 0.00% 98.30% 26.86%
Government
18.98% -3.22% 122.41% 35.75%
Cash & Equivalents
2.81% -29.57% 39.95% 45.38%
Derivative
0.00% -0.83% 32.23% 56.01%
Municipal
0.00% 0.00% 100.11% 88.69%

Bond Geographic Breakdown

Weighting Return Low Return High STCCX % Rank
US
91.37% 58.09% 156.78% 54.87%
Non US
4.78% -26.61% 26.76% 45.09%

Expenses

STCCX - Expenses

Operational Fees

STCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.59% 0.01% 34.57% 12.61%
Management Fee 0.41% 0.00% 1.10% 60.05%
12b-1 Fee 1.00% 0.00% 1.00% 90.18%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

STCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.25% 5.50% 54.73%

Trading Fees

STCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

STCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.40% 0.00% 493.00% 56.18%

Distributions

STCCX - Distributions

Dividend Yield Analysis

STCCX Category Low Category High STCCX % Rank
Dividend Yield 0.00% 0.00% 3.74% 60.61%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

STCCX Category Low Category High STCCX % Rank
Net Income Ratio 1.33% -0.20% 6.30% 95.12%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

STCCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.35 7.43 0.25