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Principal Short-Term Income Inst PSHIX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 11.78  /  +0.01 %
  • Total Assets 2.8 Bil
  • Adj. Expense Ratio
    0.410%
  • Expense Ratio 0.410%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment
  • Status Open
  • TTM Yield 3.27%
  • Effective Duration 2.00 years

USD | NAV as of Apr 12, 2024 | 1-Day Return as of Apr 12, 2024, 12:13 AM GMT+0

Morningstar’s Analysis PSHIX

Will PSHIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

New Manager Joins Principal Core Fixed Income and Short-Term Income, Ratings Unchanged

null Chiayi Tsui

Chiayi Tsui

Analyst Note

Principal is adding depth to its fixed-income team. The firm announced the appointment of fixed-income veteran Michael Goosay as managing director of global fixed income effective Aug. 7, 2023. In this role, he will oversee the firm’s core, core plus, multisector, and short-term income portfolios and comanage Principal Core Fixed Income PIOIX and Principal Short-Term Income PSHIX alongside the current managers.

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Portfolio Holdings PSHIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 17.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 5 Year Treasury Note

7.77 217.4 Mil
Government

Principal Government Money Market R-6

3.39 94.9 Mil

United States Treasury Notes

1.24 34.7 Mil
Government

CF HIPPOLYTA ISSUER LLC

0.97 27.0 Mil
Securitized

United States Treasury Notes

0.88 24.6 Mil
Government

Bank of America Corp. 4.2%

0.87 24.3 Mil
Corporate

Trafigura Securitisation Finance PLC

0.84 23.4 Mil
Securitized

Oaktree Clo 2019-4 Ltd/Oaktree Clo 2019-4 Llc

0.72 20.2 Mil
Securitized

HCA Inc. 5.25%

0.72 20.1 Mil
Corporate

ONEMAIN DIRECT AUTO RECEIVABLES TRUST

0.71 19.8 Mil
Securitized