Principal Short-Term Income Inst
- PSHIX
- Price as of: Jan 25, 2021
-
$12.47
N/A N/A
- Primary Theme
- U.S. Short-Term Bond Duration
- Fund Company
- Principal Funds
- Share Class
PSHIX - Snapshot
Vitals
- YTD Return -0.1%
- 3 Yr Annualized Return 3.3%
- 5 Yr Annualized Return 2.9%
- Net Assets $5.91 B
- Holdings in Top 10 7.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio N/A
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 76.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Short-Term Bond Duration
- Fund Type Open End Mutual Fund
- Investment Style Short-Term Bond
PSHIX - Profile
Distributions
- YTD Total Return -0.1%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePrincipal Short-Term Income Fund
-
Fund Family NamePrincipal Funds
-
Inception DateJul 25, 1996
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerScott Peterson
Fund Description
The fund invests primarily in high quality short-term bonds and other fixed-income securities that, at the time of purchase, are rated BBB- or higher by S&P Global or Baa3 or higher by Moody's. It maintains an effective maturity of five years or less and an average portfolio duration that is within ±15% of the duration of the Bloomberg Barclays Credit 1-3 Year Index.
PSHIX - Performance
Return Ranking - Trailing
Period | PSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -1.6% | 2.1% | 69.02% |
1 Yr | 4.0% | -4.6% | 8.1% | 43.94% |
3 Yr | 3.3%* | 0.7% | 5.4% | 37.88% |
5 Yr | 2.9%* | 0.9% | 6.0% | 31.70% |
10 Yr | 2.4%* | 0.3% | 4.4% | 26.51% |
* Annualized
Return Ranking - Calendar
Period | PSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.5% | -23.0% | 206.3% | 52.86% |
2019 | 2.3% | -2.4% | 5.0% | 27.83% |
2018 | -1.2% | -50.6% | 1.0% | 44.57% |
2017 | 0.1% | -1.6% | 2.8% | 31.99% |
2016 | 0.5% | -65.8% | 7.1% | 34.23% |
Total Return Ranking - Trailing
Period | PSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -1.6% | 2.1% | 69.53% |
1 Yr | 4.0% | -6.3% | 8.1% | 37.54% |
3 Yr | 3.3%* | -0.4% | 5.4% | 32.85% |
5 Yr | 2.9%* | 0.2% | 6.0% | 29.06% |
10 Yr | 2.4%* | 0.2% | 4.4% | 24.58% |
* Annualized
Total Return Ranking - Calendar
Period | PSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.5% | -23.0% | 206.3% | 52.86% |
2019 | 2.3% | -2.3% | 7.2% | 29.26% |
2018 | -1.2% | -4.2% | 6.5% | 51.94% |
2017 | 0.1% | -1.6% | 5.9% | 43.01% |
2016 | 0.5% | -65.2% | 10.7% | 45.41% |
NAV & Total Return History
PSHIX - Holdings
Concentration Analysis
PSHIX | Category Low | Category High | PSHIX % Rank | |
---|---|---|---|---|
Net Assets | 5.91 B | 4.42 M | 72.5 B | 19.90% |
Number of Holdings | 500 | 3 | 4692 | 41.60% |
Net Assets in Top 10 | 422 M | -153 M | 7.31 B | 37.10% |
Weighting of Top 10 | 7.14% | 2.3% | 100.0% | 93.67% |
Top 10 Holdings
- United States Treasury Bills 1.00%
- Federal National Mortgage Association 1.88% 0.83%
- Federal National Mortgage Association 2.12% 0.83%
- United States Treasury Bills 0% 0.83%
- United States Treasury Bills 0% 0.83%
- Gilead Sciences, Inc. 0.75% 0.82%
- Federal Home Loan Mortgage Corporation 1.5% 0.74%
- Sprint Spectrum Co Llc / Sprint Spectrum Co Ii Llc / Sprint Spectrum Co Iii 0.73%
- Principal Government Money Market Instl 0.71%
- Morgan Stanley 1.61475% 0.67%
Asset Allocation
Weighting | Return Low | Return High | PSHIX % Rank | |
---|---|---|---|---|
Bonds | 89.57% | 32.11% | 171.18% | 72.05% |
Cash | 9.57% | -74.00% | 66.46% | 21.46% |
Convertible Bonds | 0.86% | 0.00% | 22.69% | 66.89% |
Stocks | 0.00% | -1.00% | 6.71% | 51.75% |
Preferred Stocks | 0.00% | 0.00% | 47.96% | 57.24% |
Other | 0.00% | -6.41% | 20.42% | 46.26% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PSHIX % Rank | |
---|---|---|---|---|
Corporate | 53.48% | 0.00% | 99.95% | 25.46% |
Securitized | 30.06% | 0.00% | 88.06% | 43.26% |
Cash & Equivalents | 9.58% | 0.00% | 66.46% | 33.11% |
Government | 6.88% | 0.00% | 76.57% | 77.37% |
Derivative | 0.00% | 0.00% | 26.94% | 53.41% |
Municipal | 0.00% | 0.00% | 22.58% | 76.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PSHIX % Rank | |
---|---|---|---|---|
US | 82.49% | 0.00% | 135.33% | 38.44% |
Non US | 7.08% | -19.58% | 82.71% | 71.21% |
PSHIX - Expenses
Operational Fees
PSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.01% | 34.57% | 86.91% |
Management Fee | 0.41% | 0.00% | 1.19% | 74.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
PSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 5.00% | N/A |
Trading Fees
PSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 76.00% | 0.00% | 496.37% | 52.13% |
PSHIX - Distributions
Dividend Yield Analysis
PSHIX | Category Low | Category High | PSHIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.73% | 46.52% |
Dividend Distribution Analysis
PSHIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
PSHIX | Category Low | Category High | PSHIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.85% | -9.96% | 4.42% | 66.10% |
Capital Gain Distribution Analysis
PSHIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 29, 2019 | $0.027 |
Feb 28, 2019 | $0.020 |
Jan 31, 2019 | $0.013 |
Dec 31, 2018 | $0.025 |
Nov 30, 2018 | $0.026 |
Oct 31, 2018 | $0.025 |
Aug 31, 2018 | $0.027 |
Jul 31, 2018 | $0.024 |
Jun 29, 2018 | $0.023 |
May 31, 2018 | $0.023 |
Apr 30, 2018 | $0.021 |
Mar 29, 2018 | $0.022 |
Feb 28, 2018 | $0.019 |
Jan 31, 2018 | $0.020 |
Dec 29, 2017 | $0.021 |
Nov 30, 2017 | $0.020 |
Oct 31, 2017 | $0.018 |
Sep 29, 2017 | $0.020 |
Aug 31, 2017 | $0.021 |
Jul 31, 2017 | $0.019 |
Jun 30, 2017 | $0.021 |
May 31, 2017 | $0.021 |
Apr 28, 2017 | $0.019 |
Mar 31, 2017 | $0.022 |
Feb 28, 2017 | $0.019 |
Jan 31, 2017 | $0.019 |
Dec 30, 2016 | $0.022 |
Nov 30, 2016 | $0.019 |
Oct 31, 2016 | $0.021 |
Sep 30, 2016 | $0.021 |
Aug 31, 2016 | $0.020 |
Jul 29, 2016 | $0.020 |
Jun 30, 2016 | $0.019 |
May 31, 2016 | $0.019 |
Apr 29, 2016 | $0.019 |
Mar 31, 2016 | $0.019 |
Feb 29, 2016 | $0.017 |
Jan 29, 2016 | $0.017 |
Dec 31, 2015 | $0.027 |
Nov 30, 2015 | $0.025 |
Oct 30, 2015 | $0.022 |
Sep 30, 2015 | $0.018 |
Aug 31, 2015 | $0.016 |
Jul 31, 2015 | $0.015 |
Jun 30, 2015 | $0.013 |
May 29, 2015 | $0.013 |
Apr 30, 2015 | $0.014 |
Mar 31, 2015 | $0.014 |
Feb 27, 2015 | $0.013 |
Jan 30, 2015 | $0.014 |
Dec 31, 2014 | $0.030 |
Nov 28, 2014 | $0.014 |
Oct 31, 2014 | $0.017 |
Sep 30, 2014 | $0.015 |
Aug 29, 2014 | $0.018 |
Jul 31, 2014 | $0.017 |
Jun 30, 2014 | $0.016 |
May 30, 2014 | $0.017 |
Apr 30, 2014 | $0.016 |
Mar 31, 2014 | $0.016 |
Feb 28, 2014 | $0.015 |
Jan 31, 2014 | $0.017 |
Dec 31, 2013 | $0.028 |
Nov 29, 2013 | $0.017 |
Oct 31, 2013 | $0.015 |
Sep 30, 2013 | $0.013 |
Aug 30, 2013 | $0.016 |
Jul 31, 2013 | $0.016 |
Jun 28, 2013 | $0.014 |
May 31, 2013 | $0.017 |
Apr 30, 2013 | $0.015 |
Mar 28, 2013 | $0.016 |
Feb 28, 2013 | $0.014 |
Jan 31, 2013 | $0.015 |
Dec 31, 2012 | $0.025 |
Nov 30, 2012 | $0.017 |
Oct 31, 2012 | $0.017 |
Sep 28, 2012 | $0.016 |
Aug 31, 2012 | $0.020 |
Jul 31, 2012 | $0.019 |
Jun 29, 2012 | $0.020 |
May 31, 2012 | $0.020 |
Apr 30, 2012 | $0.019 |
Mar 30, 2012 | $0.022 |
Feb 29, 2012 | $0.021 |
Jan 31, 2012 | $0.022 |
Dec 30, 2011 | $0.026 |
Nov 30, 2011 | $0.024 |
Oct 31, 2011 | $0.020 |
Sep 30, 2011 | $0.024 |
Aug 31, 2011 | $0.026 |
Jul 29, 2011 | $0.027 |
Jun 30, 2011 | $0.026 |
May 31, 2011 | $0.028 |
Apr 29, 2011 | $0.030 |
Mar 31, 2011 | $0.029 |
Feb 28, 2011 | $0.026 |
Jan 31, 2011 | $0.027 |
Dec 31, 2010 | $0.037 |
Nov 30, 2010 | $0.028 |
Oct 29, 2010 | $0.025 |
Sep 30, 2010 | $0.025 |
Aug 31, 2010 | $0.027 |
Jul 30, 2010 | $0.030 |
Jun 30, 2010 | $0.030 |
May 28, 2010 | $0.028 |
Apr 30, 2010 | $0.029 |
Mar 31, 2010 | $0.031 |
Feb 26, 2010 | $0.033 |
Jan 29, 2010 | $0.030 |
Dec 31, 2009 | $0.037 |
Nov 30, 2009 | $0.033 |
Oct 30, 2009 | $0.034 |
Sep 30, 2009 | $0.034 |
Aug 31, 2009 | $0.032 |
Jul 31, 2009 | $0.037 |
Jun 30, 2009 | $0.035 |
May 29, 2009 | $0.037 |
Apr 30, 2009 | $0.040 |
Mar 31, 2009 | $0.039 |
Feb 27, 2009 | $0.041 |
Jan 30, 2009 | $0.043 |
Dec 31, 2008 | $0.045 |
Nov 28, 2008 | $0.042 |
Oct 31, 2008 | $0.044 |
Sep 30, 2008 | $0.038 |
Aug 29, 2008 | $0.041 |
Jul 31, 2008 | $0.040 |
Jun 30, 2008 | $0.038 |
May 30, 2008 | $0.041 |
Apr 30, 2008 | $0.040 |
Mar 31, 2008 | $0.038 |
Feb 29, 2008 | $0.042 |
Jan 31, 2008 | $0.039 |
Dec 31, 2007 | $0.039 |
Nov 30, 2007 | $0.047 |
Oct 31, 2007 | $0.046 |
Sep 28, 2007 | $0.042 |
Aug 31, 2007 | $0.051 |
Jul 31, 2007 | $0.045 |
Jun 29, 2007 | $0.048 |
May 31, 2007 | $0.045 |
Apr 30, 2007 | $0.042 |
PSHIX - Fund Manager Analysis
Managers
Scott Peterson
Start Date
Tenure
Tenure Rank
Jan 01, 2010
11.01
11.0%
Scott J. Peterson has been with Edge since 2002. He earned a bachelors degree in Mathematics from Brigham Young University and an M.B.A. from New York Universitys Stern School of Business. Mr. Peterson has earned the right to use the Chartered Financial Analyst designation.
John Friedl
Start Date
Tenure
Tenure Rank
May 19, 2010
10.63
10.6%
John R. Friedl has been with Principal® since 1998. He earned a B.A. in Communications and History from the University of Washington and a master's degree in Finance from Seattle University. Mr. Friedl has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 27.92 | 5.87 | 1.0 |