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.
Principal Short-Term Income R4 PSIPX
NAV / 1-Day Return
11.68
/
0.09
%
Total Assets
3.4 Bil
Adj. Expense Ratio
0.770%
Expense Ratio
0.770%
Fee Level
Low
Longest Manager Tenure
12.61
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
0
Status
Open
TTM Yield
0.95%
Effective Duration
1.77
years
Morningstar’s Fund Analysis PSIPX
Will PSIPX 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 PSIPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PSIPX 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 PSIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A corporate-focused short-term bond strategy.
