Principal Short-Term Income Fund Class A (SRHQX)
| Fund Assets | 3.50B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000 |
| Turnover | 42.30% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.31% |
| Dividend Growth | 4.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.19 |
| YTD Return | -1.51% |
| 1-Year Return | 2.33% |
| 5-Year Return | 9.39% |
| 52-Week Low | 12.19 |
| 52-Week High | 12.49 |
| Beta (5Y) | 0.07 |
| Holdings | 410 |
| 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 2.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.29%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03493 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03789 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03896 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03413 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04019 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03598 | Sep 30, 2025 |