SRHQX : Principal Short-Term Income Fund Class A

SRHQX is a Bond Market High Yield Bond with MODERATE fees.

SRHQX

Principal Short-Term Income Fund Class A

FI Score

60 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

9 /10

Category Score

0 /10

Market Size

9 /10

60% FI Score
  • srhqx
  • Mutual Fund
  • Bond
  • High Yield Bond

Principal Short-Term Income Fund Class A

Expenses: 0.69% (Better than 1% of similar funds)

This is an OK choice for a High Yield Bond Bond fund. See why »

Fund Summary

The investment seeks as high a level of current income as is consistent with prudent investment management and stability of principal. 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.

Largest Holdings

Amount Holding
3.30% Federal National Mortgage Association 2.12%
2.25% Federal National Mortgage Association 1.88%
1.94% United States Treasury Notes 1.62%
1.60% United States Treasury Notes 1.75%
1.16% Federal Home Loan Mortgage Corporation 1.5%
0.73% Morgan Stanley 2.42%
0.72% Federal National Mortgage Association 2.5%
0.72% JPMorgan Chase & Co. 1.89%
0.72% BA Credit Card Trust 1.74%
0.57% Five Corners Funding Trust 4.42%
0.56% Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III
0.56% Black Hills Corporation 4.25%
0.54% PFS Financing Corp 2.23%
0.54% Metropolitan Life Global Funding I 1.95%
0.54% Bank of America Corporation 2.3%
0.52% United States Treasury Notes 2.62%
0.51% Bank of America Corporation 4.2%
0.49% Federal National Mortgage Association 1.75%
0.48% State Street Corporation 3.1%
0.47% Federal National Mortgage Association 2%
0.46% Goldman Sachs Group, Inc. 3%
0.46% The Bank of New York Mellon Corporation 1.81%
0.46% Federal National Mortgage Association 1.62%
0.45% VERIZON OWNER TRUST 3.23%
0.45% New York Life Global Funding 1.42%

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