PHYFX - Principal High Yield Fund Class R-6

Nasdaq - Nasdaq Delayed Price. Currency in USD

Principal High Yield Fund Class R-6

Principal Financial Group

711 High Street

Des Moines, IA 50392

800-222-5852
Management Information
Joshua P. Rank,Lead Manager since June 11, 2015
Joshua is a high yield portfolio manager at Principal Global Investors. He is responsible for high yield and leveraged loan strategies. Joshua joined the firm in 2013. Prior to his current role, Joshua served as a vice president, senior high yield portfolio manager at Aviva Investors Americas. He received a bachelor's degree in finance from Iowa State University. Joshua holds the Chartered Financial Analyst designation.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryHigh Yield Bond
Fund FamilyPrincipal Funds
Net Assets2.82B
YTD Return7.79%
Yield6.39%
Morningstar Rating★★★
Inception DateNov 21, 2016

Fund Operations

Last Dividend0.04
Last Cap Gain0.00
Holdings Turnover42.00%
Average for CategoryN/A

Fees & Expenses

ExpensePHYFXCategory Average
Annual Report Expense Ratio (net)0.52%1.02%
Prospectus Net Expense Ratio0.52%N/A
Prospectus Gross Expense Ratio0.52%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.88%
Max Deferred Sales LoadN/A1.48%
3 Yr Expense Projection167N/A
5 Yr Expense Projection291N/A
10 Yr Expense Projection653N/A