Principal Short-Term Income A (SRHQX)
| Fund Assets | 3.46B |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000 |
| Turnover | 46.70% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.54% |
| Dividend Growth | 12.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.14 |
| YTD Return | 1.76% |
| 1-Year Return | 2.99% |
| 5-Year Return | 7.14% |
| 52-Week Low | 11.95 |
| 52-Week High | 12.14 |
| Beta (5Y) | 0.06 |
| Holdings | 401 |
| Inception Date | Nov 1, 1993 |
About SRHQX
Principal Short-Term Income Fund Class A is an actively managed mutual fund focused on generating a high level of current income while seeking to maintain a stable principal profile. The strategy concentrates on **high‑quality, short‑term bonds**—generally rated **BBB‑ or higher** at purchase—across sectors such as investment‑grade corporates, asset‑backed and mortgage‑backed securities, agencies, and selected government-related debt. Managed by Principal Global Investors, the fund emphasizes **short duration** positioning to moderate interest‑rate sensitivity, aligning with an **18‑ to 24‑month investment horizon** for investors prioritizing capital stability and consistent income. The fund distributes income **monthly** and has amassed multi‑billion‑dollar assets, reflecting its role as a core **short-term bond** allocation for liquidity-aware portfolios and cash management sleeves. Portfolio oversight by an experienced management team supports disciplined credit selection and sector diversification, aiming to balance income generation with risk control within the front end of the fixed‑income market. This positioning makes it a staple vehicle for investors seeking dependable bond income without extending materially into longer‑duration or lower‑quality credit risk.
Performance
SRHQX had a total return of 2.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.53%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FYBTX | Fidelity | Fidelity Series Short-Term Credit Fund | 0.45% |
Top 10 Holdings
19.95% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes | T.5 09.30.25 | 4.05% |
| Principal Government Money Market R-6 | PGWXX | 3.91% |
| Future on 5 Year Treasury Note | n/a | 3.67% |
| United States Treasury Notes | T.3.25 06.30.29 | 2.94% |
| United States Treasury Notes | T.4.5 07.15.26 | 1.94% |
| CF HIPPOLYTA ISSUER LLC | SORT.2021-1A A1 | 0.86% |
| United States Treasury Notes | T.4 01.15.27 | 0.81% |
| HCA Inc. 5.25% | HCA.5.25 06.15.26 | 0.60% |
| Vistra Operations Co LLC 3.7% | VST.3.7 01.30.27 144A | 0.58% |
| JPMorgan Chase & Co. 1.045% | JPM.V1.045 11.19.26 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03851 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03558 | Jun 30, 2025 |
| May 30, 2025 | $0.03892 | May 30, 2025 |
| Apr 30, 2025 | $0.03738 | Apr 30, 2025 |
| Mar 31, 2025 | $0.035 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03321 | Feb 28, 2025 |