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.
- NAV / 1-Day Return 11.59 / 0.09 %
- Total Assets 3.0 Bil
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Adj. Expense Ratio
- 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
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- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 296
- Other Holdings 14
- % Assets in Top 10 Holdings 21.6