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Investment Type: pifretail

Short-Term Income Fund (J) (PSJIX)

Portfolio Composition

  as of 02/29/2024
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Asset Type Net Short Long U.S. Bonds 89.77% 0.0%   89.77%   Non-U.S. Bonds 12.75% 0.0%   12.75%   Cash -2.52% 8.36%   5.84%   Total 100%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets Future on 5 Year Treasury Note 7.77 Principal Government Money Market R-6 3.39 United States Treasury Notes 1.24 CF HIPPOLYTA ISSUER LLC 0.97 United States Treasury Notes 0.88 Bank of America Corp. 4.2% 0.87 Trafigura Securitisation Finance PLC 0.84 HCA Inc. 5.25% 0.72 Oaktree Clo 2019-4 Ltd/Oaktree Clo 2019-4 Llc 0.72 ONEMAIN DIRECT AUTO RECEIVABLES TRUST 0.71 Total*: 18.10 *Values may exceed 100% if both long and short positions are included in the portfolio View Full Portfolio Holdings	Morningstar Style Box™   as of 02/29/2024    What's this?
Credit Analysis   as of 02/29/2024    What's this? % Bonds AAA 41.01 AA 3.16 A 17.56 BBB 30.31 BB 1.27 Not Rated 6.69	Statistics   as of 02/29/2024 Average Eff Duration (yrs): 2.00 Average Eff Maturity (yrs): 2.43 Avg Weighted Coupon: Avg Weighted Price: $97.01 30-Day SEC Yield - Subsidized (Net) as of 03/31/2024: 4.33% 30-Day SEC Yield - Non-Subsidized (Gross) as of 03/31/2024: 4.31%
Analysis   as of 02/29/2024 Turnover Ratio: 35.40% # Stock Holdings: 0 # Bond Holdings: 310 # Other Holdings: 9 Total # of Holdings: 319

© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost. Portfolio holdings are subject to change and companies referenced in this report may not currently be held. Information is current as of the creation of this piece. Keep in mind that portfolio holdings are subject to risk. Click here for a complete list of the most recent publicly available holdings. The full name of this investment option is Principal Short-Term Income Fund (J). Investors should carefully consider a fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principalfunds.com, or calling 800-222-5852. Read the prospectus carefully before investing. Principal Funds are distributed by Principal Funds Distributor, Inc. Not FDIC Insured May Lose Value - Not a Deposit - No Bank Guarantee Not Insured by any Federal Government Agency

This Bloomberg Credit 1-3 Years Index measures the performance of the investment grade, US dollar-denominated, fixed-rate, taxable corporate and government related bond markets with the maturities of 1 to 3 years. It is composed of the US Corporate Index and a non-corporate component that includes foreign agencies, sovereigns, supra nationals and local authorities. For each index, Barclays maintains two universes of securities: the Returns (Backward) and Statistics (Forward) Universes. The composition of the Returns Universe is rebalanced at each month-end and represents the fixed set of bonds on which index returns are calculated for the next month. The Statistics Universe is a forward-looking projection that changes daily to reflect issues dropping out of and entering the index but is not used for return calculations. On the last business day of the month (the rebalancing date), the composition of the latest Statistics Universe becomes the Returns Universe for the following month. These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class. The risks associated with derivative investments include that the underlying security, interest rate, market index, or other financial asset will not move in the direction the Investment Adviser and/or Sub-Advisor anticipated, the possibility that there may be no liquid secondary market, the risk that adverse price movements in an instrument can result in a loss substantially greater than a fund's initial investment, the possibility that the counterparty may fail to perform its obligations; and the inability to close out certain hedged positions to avoid adverse tax consequences. Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.