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 R-6 PHYFX
- NAV / 1-Day Return 6.68 / +0.02 %
- Total Assets 2.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.530%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 6.31%
- Effective Duration 3.15 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0
Morningstar’s Analysis PHYFX
Will PHYFX 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 8.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes | 1.22 | 30.7 Mil | Government |
Tenet Healthcare Corporation 6.125% | 0.93 | 23.3 Mil | Corporate |
SRM Escrow Issuer Llc 6% | 0.89 | 22.4 Mil | Corporate |
Principal Government Money Market R-6 | 0.88 | 22.2 Mil | — |
MOZART DEBT MERGER | 0.79 | 19.9 Mil | Corporate |
Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75% | 0.78 | 19.6 Mil | Corporate |
Acadia Healthcare Company, Inc. 5% | 0.77 | 19.3 Mil | Corporate |
Maxim Crane Works Holdings Capital LLC 11.5% | 0.75 | 18.8 Mil | Corporate |
DISH Network Corporation 11.75% | 0.75 | 18.8 Mil | Corporate |
Archrock Partners LP/Archrock Partners Finance Corp 6.25% | 0.75 | 18.7 Mil | Corporate |