Morningstar

Principal Short-Term Income Fund Class A SRHQX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 12.06  /  −0.08 %
  • Total Assets 3.5B
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • 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 3.77%
  • Effective Duration 1.85 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:10 AM GMT+0

Morningstar’s Analysis SRHQX

Will SRHQX outperform in the 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 SRHQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SRHQX 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 SRHQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal Short-Term Income A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings SRHQX

More SRHQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes

3.68 130M
Government

United States Treasury Notes

3.60 127M
Government

United States Treasury Notes

2.82 99M
Government

United States Treasury Notes

2.01 71M
Government

2 Year Treasury Note Future Sept 26

1.73 61M
Government

Principal Government Money Market R-6

1.24 44M
—

Cash Offset

0.92 32M
—

Vistra Operations Co LLC 3.7%

0.56 20M
Corporate

SBA Tower Trust

0.54 19M
Securitized

Oaktree CLO 2019-4 Ltd.

0.54 19M
Securitized

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