STCCX

About STCCX

Principal Short-Term Income Fund Class C is an actively managed mutual fund focused on high‑quality, short‑duration fixed income. Its primary objective is to deliver a high level of current income while seeking stability of principal over an 18‑ to 24‑month investment horizon. The portfolio invests mainly in investment‑grade bonds and other fixed‑rate, taxable securities with short maturities, drawing from corporate issuers as well as government‑related debt. The fund is managed by an experienced team and is commonly evaluated against short-term bond peers and benchmarks such as the Bloomberg US 1–3 Year Index, which tracks investment‑grade bonds with roughly one to three years to maturity. Within the fixed income market, the fund plays a role in cash management and duration control for investors aiming to temper interest rate sensitivity while maintaining income generation. Its mandate emphasizes credit quality and diversification across sectors like corporates, agencies, and supranationals, positioning it as a core short‑term bond holding for investors seeking conservative income and principal steadiness in varying rate environments.