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 C CCHIX
- NAV / 1-Day Return 6.89 / +0.19 %
- Total Assets 2.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.750%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.12%
- Effective Duration 3.04 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0
Morningstar’s Analysis CCHIX
Will CCHIX 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 8.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Principal Government Money Market R-6 | 1.71 | 43.3 Mil | — |
SRM Escrow Issuer Llc 6% | 0.88 | 22.3 Mil | Corporate |
Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75% | 0.79 | 20.0 Mil | Corporate |
Aethon United Br Lp / Aethon United Finance Corporation 8.25% | 0.77 | 19.5 Mil | Corporate |
Hess Midstream Operations LP 4.25% | 0.76 | 19.3 Mil | Corporate |
Acadia Healthcare Company, Inc. 5% | 0.76 | 19.3 Mil | Corporate |
Transocean Inc. 8.5% | 0.76 | 19.2 Mil | Corporate |
Tenet Healthcare Corporation 6.125% | 0.75 | 19.0 Mil | Corporate |
Cinemark USA Inc. 5.25% | 0.74 | 18.8 Mil | Corporate |
Archrock Partners LP/Archrock Partners Finance Corp 6.25% | 0.74 | 18.8 Mil | Corporate |