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Principal High Yield C CCHIX

Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 6.80  /  +0.04 %
  • Total Assets 2.5 Bil
  • Adj. Expense Ratio
    1.690%
  • Expense Ratio 1.690%
  • Distribution Fee Level Below 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 4.87%
  • Effective Duration 3.07 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:14 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.

A high-yield offering with durable performance.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

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.

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Portfolio Holdings CCHIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 10.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Government Money Market R-6

2.57 64.9 Mil

United States Treasury Notes

1.23 30.9 Mil
Government

MOZART DEBT MERGER

0.94 23.6 Mil
Corporate

Tenet Healthcare Corporation 6.125%

0.93 23.4 Mil
Corporate

SRM Escrow Issuer Llc 6%

0.89 22.4 Mil
Corporate

Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75%

0.77 19.5 Mil
Corporate

Acadia Healthcare Company, Inc. 5%

0.77 19.4 Mil
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.75 19.0 Mil
Corporate

Hess Midstream Operations LP 4.25%

0.75 19.0 Mil
Corporate

Archrock Partners LP/Archrock Partners Finance Corp 6.25%

0.75 18.9 Mil
Corporate