SRHQX: Principal Short-Term Income Fund - MutualFunds.com
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SRHQX - Snapshot

Vitals

  • YTD Return -0.6%
  • 3 Yr Annualized Return 3.0%
  • 5 Yr Annualized Return 2.3%
  • Net Assets $5.93 B
  • Holdings in Top 10 11.1%

52 WEEK LOW AND HIGH

$12.41
$12.34
$12.58

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.69%

SALES FEES

  • Front Load 2.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 76.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare SRHQX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.95

-0.09%

$75.42 B

2.05%

$0.22

-0.73%

0.20%

$82.26

-0.04%

$64.61 B

1.60%

$1.32

-0.77%

0.05%

$10.78

-0.09%

$64.61 B

-

$0.00

-0.83%

0.15%

$4.21

0.00%

$57.91 B

2.69%

$0.11

0.00%

0.59%

$82.56

-0.10%

$45.02 B

2.04%

$1.69

-0.83%

0.05%

SRHQX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal Short-Term Income Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Nov 01, 1993
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott 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.


SRHQX - Performance

Return Ranking - Trailing

Period SRHQX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -3.1% 98.4% 72.39%
1 Yr 3.8% 0.2% 33.0% 68.94%
3 Yr 3.0%* 0.8% 7.5% 64.35%
5 Yr 2.3%* 0.2% 6.7% 54.87%
10 Yr 2.1%* 0.3% 4.3% 43.68%

* Annualized

Return Ranking - Calendar

Period SRHQX Return Category Return Low Category Return High Rank in Category (%)
2020 1.6% -23.0% 206.3% 50.26%
2019 2.2% -2.4% 6.6% 31.72%
2018 -1.2% -50.6% 1.0% 43.13%
2017 0.1% -2.6% 3.0% 33.76%
2016 0.6% -65.8% 10.9% 31.25%

Total Return Ranking - Trailing

Period SRHQX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -3.1% 98.4% 72.39%
1 Yr 1.4% -4.5% 33.0% 89.20%
3 Yr 2.2%* -0.2% 7.5% 88.06%
5 Yr 1.8%* -0.3% 6.7% 76.97%
10 Yr 1.8%* 0.2% 4.3% 57.28%

* Annualized

Total Return Ranking - Calendar

Period SRHQX Return Category Return Low Category Return High Rank in Category (%)
2020 1.6% -23.0% 206.3% 50.26%
2019 2.2% -2.3% 7.2% 34.05%
2018 -1.2% -4.2% 6.5% 49.90%
2017 0.1% -2.6% 5.9% 44.51%
2016 0.6% -65.2% 10.9% 42.19%

NAV & Total Return History


SRHQX - Holdings

Concentration Analysis

SRHQX Category Low Category High SRHQX % Rank
Net Assets 5.93 B 6.23 M 75.4 B 20.88%
Number of Holdings 513 2 4635 39.02%
Net Assets in Top 10 239 M -153 M 8.79 B 49.67%
Weighting of Top 10 11.06% 2.2% 100.0% 89.33%

Top 10 Holdings

  1. US 5YR NOTE (CBT) MAR21 4.51%
  2. US 5YR NOTE (CBT) MAR21 4.51%
  3. US 5YR NOTE (CBT) MAR21 4.51%
  4. US 5YR NOTE (CBT) MAR21 4.51%
  5. US 5YR NOTE (CBT) MAR21 4.51%
  6. US 5YR NOTE (CBT) MAR21 4.51%
  7. US 5YR NOTE (CBT) MAR21 4.51%
  8. US 5YR NOTE (CBT) MAR21 4.51%
  9. US 5YR NOTE (CBT) MAR21 4.51%
  10. US 5YR NOTE (CBT) MAR21 4.51%

Asset Allocation

Weighting Return Low Return High SRHQX % Rank
Bonds
84.75% 27.24% 146.68% 87.87%
Cash
13.66% -49.54% 72.76% 10.98%
Convertible Bonds
1.59% 0.00% 22.73% 53.11%
Stocks
0.00% -0.05% 7.62% 79.67%
Preferred Stocks
0.00% 0.00% 35.87% 80.66%
Other
0.00% -5.00% 17.16% 73.11%

Bond Sector Breakdown

Weighting Return Low Return High SRHQX % Rank
Corporate
52.88% 0.00% 100.00% 28.20%
Securitized
30.20% 0.00% 95.73% 44.92%
Cash & Equivalents
14.06% 0.00% 72.76% 21.97%
Government
2.87% 0.00% 80.26% 82.62%
Derivative
0.00% 0.00% 20.73% 77.21%
Municipal
0.00% 0.00% 22.60% 90.00%

Bond Geographic Breakdown

Weighting Return Low Return High SRHQX % Rank
US
77.23% -2.32% 106.48% 59.34%
Non US
7.52% 0.00% 93.86% 71.48%

SRHQX - Expenses

Operational Fees

SRHQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.01% 34.57% 55.44%
Management Fee 0.41% 0.00% 1.19% 75.37%
12b-1 Fee 0.15% 0.00% 1.00% 18.01%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

SRHQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 0.50% 5.75% 71.43%
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

SRHQX 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.

SRHQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 76.00% 0.00% 496.37% 49.92%

SRHQX - Distributions

Dividend Yield Analysis

SRHQX Category Low Category High SRHQX % Rank
Dividend Yield 0.00% 0.00% 1.80% 76.18%

Dividend Distribution Analysis

SRHQX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SRHQX Category Low Category High SRHQX % Rank
Net Income Ratio 1.59% -9.96% 4.45% 73.13%

Capital Gain Distribution Analysis

SRHQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

SRHQX - Fund Manager Analysis

Managers

Scott Peterson


Start Date

Tenure

Tenure Rank

Jan 01, 2010

11.25

11.3%

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

10.87

10.9%

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
0.08 28.17 5.83 1.25