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Principal Short-Term Income R4 PSIPX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 11.59  /  0.09 %
  • Total Assets 3.0 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment
  • Status Open
  • TTM Yield 2.52%
  • Effective Duration 1.94 years

Morningstar’s Analysis PSIPX

Will PSIPX 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 PSIPX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 296
  • Other Holdings 14
  • % Assets in Top 10 Holdings 21.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 5 Year Treasury Note

9.66
296,350,611
Government

Principal Government Money Market R-6

2.77
85,100,123

United States Treasury Notes

1.78
54,665,557
Government

United States Treasury Notes

1.57
48,305,399
Government

United States Treasury Notes

1.57
48,063,063
Government

Gilead Sciences, Inc. 0.75%

1.17
35,990,949
Cash and Equivalents

United States Treasury Notes

1.08
33,172,055
Government

Nestle Holdings, Inc. 0.375%

0.93
28,460,258
Corporate

Black Hills Corporation 4.25%

0.89
27,165,999
Cash and Equivalents

CF HIPPOLYTA ISSUER LLC

0.86
26,434,179
Securitized