Principal California Municipal’s team has shown a tendency to go after yields, taking on more credit and interest-rate risk than peers who tread more in investment-grade debt. That, along with a compact crew and unattractive fees, limit the strategy’s appeal.
- NAV / 1-Day Return 9.76 / 0.22 %
- Total Assets 594.6 Mil
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Adj. Expense Ratio
- Expense Ratio 1.590%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category Muni California Intermediate
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.80%
- Effective Duration 6.36 years
Morningstar’s Analysis SRCCX
Will SRCCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 216
- Other Holdings 3
- % Assets in Top 10 Holdings 18.8