Morningstar

Principal Street High Inc Muncpl Inv GSTEX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Street Investment Hub
  • NAV / 1-Day Return 7.41  /  −0.12 %
  • Total Assets 342.4 Mil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.530%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.54%
  • Effective Duration —

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 12:58 AM GMT+0

Morningstar’s Analysis GSTEX

Will GSTEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSTEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GSTEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GSTEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Principal Street High Inc Muncpl Inv's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings GSTEX

More GSTEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FALMOUTH KY SOLID WASTE DISP FACS REV 8.5%

2.63 8.4 Mil
municipal

ANGELINA & NECHES RIV AUTH TEX INDL DEV CORP SOLID WASTE DISP & WASTEWATER

2.60 8.3 Mil
municipal

CAPITAL TR AGY FLA REV 10%

2.60 8.3 Mil
municipal

CHILDRENS TR FD P R TOB SETTLEMENT REV 0%

2.27 7.2 Mil
municipal

ATOKA OKLA INDL DEV AUTH SOLID WASTE DISP FACS REV 8%

2.18 6.9 Mil
municipal

PUBLIC FIN AUTH WIS SR LIVING CMNTY FIRST MTG REV 5.75%

2.11 6.7 Mil
municipal

ERIE CNTY N Y TOB ASSET SECURITIZATION CORP TOB SETTLEMENT REV 0%

2.07 6.6 Mil
municipal

PUBLIC FIN AUTH WIS SPL FAC REV 7.05%

2.07 6.6 Mil
municipal

SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH ECONOMIC DEV REV 7.75%

2.05 6.5 Mil
municipal

PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV 8%

2.05 6.5 Mil
municipal

Sponsor Center