Principal High Yield’s team-based approach and a process anchored in fundamental research drive this group’s decision-making. While the strategy has struggled to maintain its footing during rocky market conditions, experienced managers prevent it from skidding off its tracks.
Principal High Yield A CPHYX
- NAV / 1-Day Return 6.88 / −0.10 %
- Total Assets 4.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.940%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 6.04%
- Effective Duration 2.79 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis CPHYX
Will CPHYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Principal Government Money Market R-6 | 4.77 | 140.4 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 1.71 | 50.3 Mil | — |
Transocean Inc. 8.5% | 0.93 | 27.4 Mil | Corporate |
SRM Escrow Issuer Llc 6% | 0.86 | 25.3 Mil | Corporate |
Lightning Power LLC 7.25% | 0.78 | 22.9 Mil | Corporate |
Acadia Healthcare Company, Inc. 5% | 0.74 | 21.9 Mil | Corporate |
Tenet Healthcare Corporation 6.125% | 0.73 | 21.6 Mil | Corporate |
Hess Midstream Operations LP 4.25% | 0.73 | 21.6 Mil | Corporate |
Archrock Partners LP/Archrock Partners Finance Corp 6.25% | 0.72 | 21.2 Mil | Corporate |
Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75% | 0.71 | 21.0 Mil | Corporate |