PYHIX - Principal High Yield Fund I Inst

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Principal High Yield Fund I Inst

Principal Funds IncPrincipal Financial Group 711 High StDes Moines, IA 50392
Management Information
James P. Shanahan,Lead Manager since July 18, 2007
James P. Shanahan, Jr., managing director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Cincinnati, Jim is the team leader and senior portfolio manager for the Cincinnati High Yield team and focuses on higher risk credits, including leveraged loans, distressed and special situations investments in high yield mandates. An employee since 1986, he held the same role at Banc One High Yield Partners, LLC and Pacholder Associates, Inc. He graduated from Xavier University and holds a J.D. from the University Of Cincinnati College Of Law.
Morningstar Style Box
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Morningstar Category
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Fund Overview

CategoryHigh Yield Bond
Fund FamilyPrincipal Funds
Net Assets1.15B
YTD Return5.83%
Morningstar Rating★★★★
Inception DateDec 28, 2004

Fund Operations

Last Dividend0.05
Last Cap Gain0.00
Holdings Turnover51.50%
Average for CategoryN/A

Fees & Expenses

ExpensePYHIXCategory Average
Annual Report Expense Ratio (net)0.66%1.03%
Prospectus Net Expense Ratio0.66%N/A
Prospectus Gross Expense Ratio0.66%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.94%
Max Deferred Sales LoadN/A1.63%
3 Yr Expense Projection211N/A
5 Yr Expense Projection368N/A
10 Yr Expense Projection822N/A