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Morningstar

Principal Short-Term Income R1 PSIMX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 11.65  /  0.01 %
  • Total Assets 3.2 Bil
  • Adj. Expense Ratio
    1.270%
  • Expense Ratio 1.270%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 0
  • Status Limited
  • TTM Yield 0.99%
  • Effective Duration 1.85 years

USD | NAV as of Jan 26, 2023 | 1-Day Return as of Jan 26, 2023, 11:14 PM GMT+00:00

Morningstar’s Analysis PSIMX

Will PSIMX outperform in future?

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

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PSIMX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PSIMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PSIMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A corporate-focused short-term bond strategy.

Analyst

Summary

| by Chiayi Tsui

Principal Short-Term Income’s abrupt team changes and conventional approach earn it a Morningstar Analyst Rating of Neutral on its cheapest share classes; its pricier shares are rated Negative.

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