Principal Short-Term Income benefits from experienced management, but recent team changes and its undifferentiated approach earn the strategy a Morningstar Analyst Rating of Neutral on its cheapest share classes, while its pricier shares receive a Negative.
Principal Short-Term Income C STCCX
NAV / 1-Day Return
12.11
/
0.00
%
Total Assets
4.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.550%
Expense Ratio
1.550%
Fee Level
Above Average
Longest Manager Tenure
12.08
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
1,000
Status
Open
TTM Yield
0.04%
Effective Duration
1.75
years
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will STCCX 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 STCCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the STCCX 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 STCCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A steady but undifferentiated short-term offering.
