A seasoned group of investors leads Principal High Yield, a strategy that has demonstrated its durability across market cycles.
Principal High Yield Fund Class R-6 PHYFX
- NAV / 1-Day Return 6.61 / −0.30 %
- Total Assets 3.9B
-
Adj. Expense Ratio
0.520%
- Expense Ratio 0.510%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 0
- Status Open
- TTM Yield 7.02%
- Effective Duration 3.00 years
USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:05 AM GMT+0
Morningstar’s Analysis PHYFX
Will PHYFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PHYFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PHYFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Principal Government Money Market R-6 | 1.26 | 81M | — |
CASH & RECEIVABLES | 0.93 | 59M | Cash and Equivalents |
Energy Transfer LP 6.5% | 0.83 | 53M | Corporate |
EchoStar Corp. 10.75% | 0.79 | 51M | Corporate |
Smyrna Ready Mix Concrete LLC 6% | 0.79 | 51M | Corporate |
Freedom Mortgage Holdings LLC 9.125% | 0.74 | 47M | Corporate |
Jazz Securities Designated Activity Co. 4.375% | 0.73 | 47M | Corporate |
Victra Holdings LLC / Victra Finance Corp. 8.75% | 0.70 | 45M | Corporate |
Atlantica Sustainable Infrastructure Group PLC 6.375% | 0.69 | 44M | Corporate |
DISH Network Corporation 11.75% | 0.68 | 44M | Corporate |
United States