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Investment Type: pifretail

High Yield Fund (C) (CCHIX)

Quick Facts Ticker: CCHIX Inception Date: 03/01/2002 Extended Performance Inception Date: 04/08/1998 Morningstar Category: High Yield Bond Total Net Assets (mil): $3,894.23	Investment Strategy    What's this? The investment seeks to provide a high level of current income. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in below investment grade bonds and bank loans (sometimes called "high yield" or "junk"), which are rated Ba1 or lower by Moody's Investors Service, Inc. ("Moody's") and BB+ or lower by S&P Global Ratings. It also invests in investment grade bank loans (also known as senior floating rate interests) and securities of foreign issuers.
Morningstar Style Box™   as of 04/30/2026    What's this?	Overall Morningstar Star Rating™   as of 05/31/2026    What's this? Out of 573 High Yield Bond Funds Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.

Total Returns

Month-End | Quarter-End

Average Annual Total Returns as of 05/31/2026

1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since      Inception* Excluding Sales Charge % 0.49 0.56 1.16 5.27 7.11 3.30 4.63 6.20 Including Sales Charge % -0.51 -0.43 0.17 4.27 7.11 3.30 4.63 6.20 Bloomberg US High Yld 2% Issuer Capped Index % 0.49 0.98 1.68 7.57 9.36 4.39 5.87 --- High Yield Bond Category % 0.54 1.05 1.73 7.33 8.71 4.07 5.16 --- Morningstar Percentile Rankings** --- --- --- 93 92 86 81 --- # of Funds in Category 624 621 619 602 573 535 436 ---

* Inception Date: 03/01/2002 ; Extended Performance Inception Date: 04/08/1998

**Morningstar percentile rankings are based on total returns and do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.

Expenses   as of 05/31/2026 Total Investment Expense - Gross: 1.69% Total Investment Expense - Net: 1.69% Contingent Deferred Sales Charge: 1.00% 12b-1 Fee: 1.00%

Statistics   30-Day SEC Yield - Subsidized (Net) as of 05/31/2026: 5.57% 30-Day SEC Yield - Non-Subsidized (Gross) as of 05/31/2026: 5.57%

Inv Manager or Sub-Advisor

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Principal Global Investors

Portfolio Managers

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Mark P. Denkinger , CFA Since 05/04/2009 M.B.A. , University of Iowa

Darrin E. Smith , CFA Since 05/04/2009 M.B.A. , Drake University

Joshua Rank , CFA Since 06/12/2015 B.A. , Iowa State University