The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Principal High Income Inst PYHIX
- NAV / 1-Day Return 8.16 / +0.37 %
- Total Assets 3.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.610%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 7.07%
- Effective Duration 2.95 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PYHIX
Will PYHIX 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 7.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Principal Government Money Market R-6 | 2.08 | 73.5 Mil | — |
NFP Corp. 6.875% | 1.06 | 37.5 Mil | Corporate |
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | 0.71 | 25.1 Mil | Corporate |
Tenet Healthcare Corporation 6.125% | 0.66 | 23.3 Mil | Corporate |
NEXUS BUYER LLC | 0.59 | 21.0 Mil | Corporate |
Bread Financial Holdings Inc 9.75% | 0.58 | 20.6 Mil | Corporate |
Venture Global LNG Inc. 8.375% | 0.58 | 20.3 Mil | Corporate |
Baffinland Iron Mines Corporation and Baffinland Iron Mines LP 8.75% | 0.57 | 20.2 Mil | Corporate |
Burford Capital Global Finance LLC 9.25% | 0.55 | 19.5 Mil | Corporate |
Trivium Packaging Finance BV 5.5% | 0.54 | 18.9 Mil | Corporate |