Principal High Yield C Principal Financial Group 711 High St Des Moines IA 50392 Map
Phone: 800-222-5852
| Category: | High Yield Bond | | Fund Family: | Principal Funds | | Net Assets: | 339.30M | | Year-to-Date Return: | 37.20% | | Yield: | 7.96% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Mar-02 |
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Darrin E. Smith
Lead Manager since
04-May-09 | | | Smith is a portfolio manager at PGI. He is a member of the high yield portfolio management team, with responsibility for high yield securities and leveraged loans. He joined the firm in 2007 and has 10 years experience as a high yield portfolio manager. Smith holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to provide a relatively high level of current income. The fund invests primarily in high-yield, high-risk, below-investment-grade fixed-income securities (sometimes called "junk bonds"), which may include foreign investments. It invests normally at least 80% of net assets (plus any borrowings for investment purposes) in a diversified portfolio of fixed-income securities (including convertible securities and preferred stocks) rated lower than BBB by S&P or Fitch or rated lower than Baa by Moody's or of equivalent quality as determined by management. |
| Last Dividend
(30-Nov-09):
| 0.05 | | Last Cap Gain
(6-Dec-07):
| 0.24 | | Annual Holdings Turnover
| 28.80% | | Average for Category:
| 90.06% |
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| Expense | CCHIX | Category Avg | | Total Expense Ratio: | %
| 1.20% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.46% | | Max Deferred Sales Load: | 1.00%
| 2.73% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $639 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $998 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,016 |
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