Principal High Yield Inst
Principal Financial Group 711 High St Des Moines IA 50392
Map
Phone: 800-547-7754
| Category: | High Yield Bond | | Fund Family: | Principal Funds | | Net Assets: | 516.28M | | Year-to-Date Return: | -2.52% | | Yield: | 8.11% | | Morningstar Rating: |  | | Fund Inception Date: | 28-Jul-98 |
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Gary Pokrzywinski
Lead Manager since
06-Apr-98 | | | Pokrzywinski leads a team of investment professionals that is responsible for the management of the Fixed-Income Funds. He served as co-manager of the predecessor Income Fund with John Friedl between March 2005 and January 2008 and served as the Income Funds primary portfolio manager from 1992 until 2005. He has been employed at Edge since 1992. Pokrzywinski holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $0 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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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
(29-Aug-08):
| 0.05 | | Last Cap Gain
(6-Dec-07):
| 0.24 | | Annual Holdings Turnover
| 47.00% | | Average for Category:
| 114.15% |
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| Expense | PHYTX | Category
Avg | | Total Expense Ratio: | 0.53%
| 1.22% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.43% | | Max Deferred Sales Load: | 0.00%
| 2.70% | | 3 Yr Expense Projection*: |
$170 | $581 | | 5 Yr Expense Projection*: |
$296 | $888 | | 10 Yr Expense Projection*: |
$665 | $1,744 |
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