Request URL: http://rp.www.principal.com/InvestmentProfiles/holdings.faces
Investment Type: pifretail

High Yield Fund (A) (CPHYX)






Class A | Class C | Class I

Portfolio Composition

  as of 10/31/2019
   What's this?

Flash Player is required We've recently updated our site to use Adobe Flash Player 9.0.115 or higher. To use this application you need to install the Adobe Flash Player plug-in for your browser using the link below.

Get Adobe Flash player



Top 10 Holdings

  as of 10/31/2019
   What's this?

% of Net Assets
ICE CREDIT DEFAULT SWAP 2.54
SPDR(R) Blmbg Barclays High Yield Bd ETF 1.83
Voya Financial Inc 5.65% 1.53
United States Treasury Notes 1.62% 1.35
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.12% 1.21
United States Treasury Notes 1.5% 1.18
Dell International L.L.C. and EMC Corporation 4.9% 0.90
Meredith Corp 6.88% 0.86
Bombardier Inc. 7.5% 0.82
Intelsat Jackson Holdings, Ltd. 5.5% 0.79
Total*: 13.02
*Values may exceed 100% if both long and short positions are included in the portfolio

View Full Portfolio Holdings

Morningstar Style Box™

  as of 10/31/2019
   What's this?
Investment Style
Stylebox Market Capitalization

Credit Analysis

  as of 10/31/2019
   What's this?

% Bonds
AAA 7.94
BBB 4.25
BB 29.94
B 46.55
Below B 11.08
Not Rated 0.24

Statistics

 
as of 10/31/2019
Average Eff Duration (yrs): 2.93
Average Eff Maturity (yrs): 3.89
Avg Weighted Coupon: 6.16
Avg Weighted Price: $103.23
30-Day SEC Yield - Subsidized (Net)
as of 11/30/2019:
4.41%
30-Day SEC Yield - Non-Subsidized (Gross)
as of 11/30/2019:
4.41%

Analysis

  as of 10/31/2019
Turnover Ratio: 42.00%
2
307
22
331





Morningstar
2019 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Past performance is no guarantee of future results. Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost.

Portfolio holdings are subject to change and companies referenced in this report may not currently be held. Information is current as of the creation of this piece. Keep in mind that portfolio holdings are subject to risk. Click here for a complete list of the most recent publicly available holdings.

The full name of this investment option is Principal High Yield Fund (A).

Investors should carefully consider a fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principalfunds.com, or calling 800-222-5852. Read the prospectus carefully before investing.

Principal Funds are distributed by Principal Funds Distributor, Inc.

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

Bloomberg Barclays US Corp High Yld 2% Issuer Capped Index is an unmanaged index comprised of fixed rate, non-investment grade debt securities that are dollar denominated. The index limits the maximum exposure to any one issuer to 2%.

High yield investment options are subject to greater credit risk and volatility that is associated with high yield bonds.

Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.

Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.