Principal High Yield Fund Institutional Class (PHYTX) is a High Yield Bond fund with $6.62 Billion in assets. The fund allocates 10.62% of its portfolio to its top 10 holdings. It primarily invests in averagemarketcap cap stocks , with a focus on the cash and equivalents sector.
The largest holding in the fund is Principal Government Money Market Fund - Class R-6 at 3.93% of total assets. This is followed by Smyrna Ready Mix Concrete LLC (0.75%) and Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp (0.81%).