Principal High Yield Fund Institutional Class (PHYTX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high level of current income. The fund invests at least 80% of its net assets- plus any borrowings for investment purposes- in below investment grade bonds (sometimes called "high yield bonds" or "junk bonds") which are rated- at the time of purchase- Ba1 or lower by Moody's and BB+ or lower by S&P Global. It also invests in bank loans (also known as senior floating rate interests) and securities of foreign issuers- including those located in developing or emerging countries.


1 month-1.40% 3 years+5.65%
3 months+0.30% 5 years+5.39%
1 year+4.97% Since inception+8.03%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+5.39%+4.63%
Expense ratio0.65%1.04%
Risk 5 year sharpe ratio1.130.92
Net assets$3.5B$1.4B
Average market cap--$5.8B
Average P/E----
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureMark Denkinger / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--


Fixed income96.41%
U.S. stock1.11%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service 100.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.59%
-- 1.52%
-- 1.15%
-- 1.02%
-- 0.92%
-- 0.91%
-- 0.72%
-- 0.67%
-- 0.63%
-- 0.60%