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Principal Short-Term Income R5 (PSIQX) Fund Ranking and Research

Ranking, Research and Recommendation of Principal Short-Term Income R5 (PSIQX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Principal Short-Term Income R5 Fund (PSIQX) ManagerFund Manager - Scott J. Peterson

Fund Manager Information

Fund Manager Tenure: 8.9 years
Similar Funds: PSIMX  PSINX  PSIOX  PSIPX 
Fund Family: Principal Funds
Fund Category: Short-Term Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.72)     (What does this score mean?)

 

Graph of Principal Short-Term Income R5 Fund (PSIQX) ProfilePrincipal Short-Term Income R5 Fund (PSIQX) Profile

Fund Profile and Description

Principal Short-Term Income R5 Fund seeks to provide as high a level of current income as is consistent with prudent investment management and stability of principal. Principal Short-Term Income R5 Fund invests in high quality short-term bonds and other fixed-income securities that are rated in one of the top four rating categories by one or more nationally recognized statistical rating organizations (''NRSRO'') or, in the opinion of management, are of comparable quality (''investment-grade''). It normally maintains an effective maturity of five years or less and a dollar-weighted average duration of three years or less.

 

Principal Short-Term Income R5 (PSIQX) Fund Strength What we like about Principal Short-Term Income R5 (PSIQX) Fund

Data for Principal Short-Term Income R5 Fund (PSIQX) as of May 30, 2016

  • Principal Short-Term Income R5 Fund (PSIQX) management has been with Principal Short-Term Income R5 Fund for 8.9 years
  • Principal Short-Term Income R5 Fund (PSIQX) has good short-term performance (1-year return 1.14% vs 0.74% Short-Term Bond category median performance)
  • Principal Short-Term Income R5 Fund (PSIQX) has good mid-term performance (3-year return 1.27% vs 0.93% Short-Term Bond category median performance)
  • Principal Short-Term Income R5 Fund (PSIQX) has good Long-term performance (5-year return 1.77% vs 1.38% Short-Term Bond category median performance)
  • Principal Short-Term Income R5 Fund (PSIQX) ratio of up-years vs down years is greater than 2
  • Principal Short-Term Income R5 Fund (PSIQX) has a Morningstar rating of 4 and above
  • Principal Short-Term Income R5 Fund (PSIQX) has an annual stock turnover rate of 56.40% vs Short-Term Bond average of 64.39%. It is good that Principal Short-Term Income R5 management does not trade extensively for its return.
  • Principal Short-Term Income R5 Fund (PSIQX) is less volatile than its peers as it has a 3-year Standard Deviation of 0.87, lower than category average of 1.36
  • Principal Short-Term Income R5 Fund (PSIQX) has a lower expense ratio than its Short-Term Bond average: 0.68% vs 0.80%
  • Principal Short-Term Income R5 Fund (PSIQX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Principal Short-Term Income R5 Fund (PSIQX) Weakness What we are cautious about Principal Short-Term Income R5 (PSIQX) Fund

Data for Principal Short-Term Income R5 Fund (PSIQX) as of May 30, 2016

See Principal Short-Term Income R5 Fund (PSIQX) performance details as of May 30, 2016

 

What do you think?

 

Compare Principal Short-Term Income R5 Fund (PSIQX)Compare with other top Short-Term Bond category mutual funds

Aadditional top Short-Term Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Principal Short-Term Income R51.481.141.271.77
Hartford Short Duration I (HSDIX)2.031.361.562.08Compare
Morgan Stanley Inst Limited Duration I (MPLDX)3.682.861.941.90Compare
JPMorgan Limited Duration Bd Sel (HLGFX)0.710.691.202.28Compare

See top fund managers for Short-Term Bond Category Funds

 

Compare Principal Short-Term Income R5 Fund (PSIQX)Compare with Short-Term Bond category ETFs

Some Short-Term Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
Vanguard Short-Term Bond ETF (BSV)1.45%1.38%1.31%
iShares 1-3 Year Credit Bond (CSJ)1.33%1.29%1.11%
SPDR Barclays Short Term Corp Bd ETF (SCPB)000
Vanguard Short-Term Corporate Bond ETF (VCSH)000

 

Graph of Principal Short-Term Income R5 Fund (PSIQX) Net Asset TrackingPrincipal Short-Term Income R5 (PSIQX) Fund Net Asset

Track net asset change of Principal Short-Term Income R5 fund (PSIQX)

DateNet Asset
05/2016$2.94B
03/2016$2.87B
02/2016$2.87B
More historic net asset information on Principal Short-Term Income R5 Fund (PSIQX)

  

Graph of Principal Short-Term Income R5 Fund (PSIQX) Portfolio TrackingPrincipal Short-Term Income R5 (PSIQX) Fund Portfolio Allocation

Track portfolio allocation change of Principal Short-Term Income R5 fund (PSIQX)

DateCashStockBondOther
04/20169.57%0%88.94%0%
02/20168.16%0%90.33%0%
01/20169.44%0%89.02%0%
Click here to see more historic asset allocation information on Principal Short-Term Income R5 Fund (PSIQX)

 

graph of Principal Short-Term Income R5 Fund (PSIQX) Top 10 Position TrackingTop 10 Holdings in Principal Short-Term Income R5 (PSIQX) Fund

Discover what Principal Short-Term Income R5 Fund (PSIQX) manager is buying

Apr 29, 2016
FHLMC 1.375% [3.37%]
FNMA 1.5% [1.42%]
FNMA 1.625% [1.41%]
FNMA 1.75% [1.22%]
Keycorp Stud Ln Tr 2006-A FRN [1.1%]
Jp Morgan Chase Bk Na 6% [1.07%]
Morgan Stanley FRN [1.04%]
FNMA 1.375% [0.99%]
Prudential Finl FRN [0.98%]
FHLMC 0.75% [0.95%]

Feb 28, 2016
FHLMC 1.375% [3.62%]
FNMA 1.5% [1.46%]
FNMA 1.625% [1.44%]
FNMA 1.75% [1.25%]
Keycorp Stud Ln Tr 2006-A FRN [1.13%]
Jp Morgan Chase Bk Na 6% [1.09%]
Morgan Stanley FRN [1.06%]
Prudential Finl FRN [0.99%]
Public Svc Co N Mex 7.95% [0.94%]
Cargill 144A 6% [0.9%]

Jan 30, 2016
FHLMC 1.375% [3.6%]
FNMA 1.75% [1.49%]
FNMA 1.5% [1.45%]
FNMA 1.625% [1.44%]
Keycorp Stud Ln Tr 2006-A FRN [1.23%]
Bk Amer Chrlt Nc Mtn 5.3% [1.21%]
Jp Morgan Chase Bk Na 6% [1.09%]
FNMA 1.875% [1.08%]
Morgan Stanley FRN [1.06%]
Murray Str Invt Tr I 0.01% [1.02%]
Click here for Stock Holding Change Map in Principal Short-Term Income R5 Fund (PSIQX)

  

Latest News on Principal Short-Term Income R5 (PSIQX) Fund

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Principal Short-Term Income R5 Fund (PSIQX) Related ResourcesSee more information on Principal Short-Term Income R5 (PSIQX) Fund

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