Principal High Yield Fund Institutional Class PHYTX

NAV and 1-Day Return as of Oct 28, 2026, 12:11:05 AM

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHYTX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the PHYTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of PHYTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

River Meng

Associate Analyst

A seasoned group of investors leads Principal High Yield, a strategy that has demonstrated its durability across market cycles.

by River Meng

Rated on Apr 27, 2026 Published on Apr 27, 2026

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Portfolio Holdings PHYTX

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Principal Government Money Market R-6	1.86	68M	—
Energy Transfer LP 6.5%	0.92	34M	Corporate
Smyrna Ready Mix Concrete LLC 6%	0.83	30M	Corporate
Jazz Securities Designated Activity Co. 4.375%	0.76	28M	Corporate
Atlantica Sustainable Infrastructure Group PLC 6.375%	0.75	28M	Corporate
1261229 BC LTD	0.71	26M	Corporate
Global Aircraft Leasing Co Ltd 8.75%	0.70	26M	Corporate
Victra Holdings LLC / Victra Finance Corp. 8.75%	0.70	26M	Corporate
Freedom Mortgage Holdings LLC 9.125%	0.68	25M	Corporate
Iron Mountain Inc. 4.5%	0.67	25M	Corporate