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.
Principal Short-Term Income A SRHQX
- NAV / 1-Day Return 11.78 / +0.09 %
- Total Assets 2.9 Bil
-
Adj. Expense Ratio
0.640%
- Expense Ratio 0.640%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.05%
- Effective Duration 2.00 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:14 AM GMT+0
Morningstar’s Analysis SRHQX
Will SRHQX outperform in future?
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Future on 5 Year Treasury Note | 8.58 | 241.9 Mil | Government |
Principal Government Money Market R-6 | 3.89 | 109.7 Mil | — |
United States Treasury Notes | 1.10 | 31.1 Mil | Government |
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