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Principal High Yield Fund (CPHYX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS74254V6618
CUSIP74254V661
IssuerPrincipal
Inception DateApr 8, 1998
CategoryHigh Yield Bonds
Min. Investment$1,000
Asset ClassBond

Expense Ratio

CPHYX has a high expense ratio of 0.91%, indicating higher-than-average management fees.


Expense ratio chart for CPHYX: current value at 0.91% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.91%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Principal High Yield Fund

Popular comparisons: CPHYX vs. DGRO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Principal High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


260.00%280.00%300.00%320.00%340.00%360.00%2024FebruaryMarchAprilMayJune
357.82%
316.11%
CPHYX (Principal High Yield Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Principal High Yield Fund had a return of 2.47% year-to-date (YTD) and 10.80% in the last 12 months. Over the past 10 years, Principal High Yield Fund had an annualized return of 4.05%, while the S&P 500 had an annualized return of 10.85%, indicating that Principal High Yield Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.47%14.57%
1 month1.03%3.01%
6 months3.32%14.93%
1 year10.80%25.67%
5 years (annualized)4.11%13.42%
10 years (annualized)4.05%10.85%

Monthly Returns

The table below presents the monthly returns of CPHYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.20%0.19%0.60%-0.16%0.88%2.47%
20233.44%-1.40%1.62%0.90%-1.04%1.45%1.23%0.34%-1.84%-0.49%4.17%3.61%12.42%
2022-2.10%-0.63%-0.73%-2.89%-0.33%-6.13%5.41%-1.97%-4.00%2.94%2.70%-0.58%-8.53%
20210.23%0.50%0.40%1.11%0.37%1.33%0.28%0.40%0.12%-0.27%-0.85%1.67%5.39%
2020-0.27%-1.56%-10.36%3.98%4.15%0.40%4.76%0.95%-0.87%0.86%3.25%1.57%6.11%
20194.36%1.51%0.91%1.59%-1.03%2.12%0.61%0.34%-0.02%0.01%0.44%1.77%13.24%
20180.56%-1.19%-0.74%0.30%0.07%0.35%0.89%0.69%0.17%-1.81%-1.43%-2.65%-4.76%
20171.38%1.49%-0.06%0.93%0.56%0.04%1.21%-0.13%1.16%0.61%0.01%0.31%7.76%
2016-1.27%-0.07%3.42%3.31%0.77%0.62%2.04%1.88%0.76%0.32%-0.08%2.17%14.67%
20150.67%2.46%-0.20%1.12%0.72%-1.41%-0.33%-1.78%-2.37%2.64%-1.76%-2.51%-2.88%
20140.65%1.88%0.37%0.73%0.86%0.72%-1.29%1.27%-1.83%1.08%-0.74%-1.50%2.15%
20131.46%0.51%0.94%1.79%-0.73%-2.49%2.06%-0.66%0.97%2.26%0.24%0.59%7.04%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of CPHYX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of CPHYX is 9191
CPHYX (Principal High Yield Fund)
The Sharpe Ratio Rank of CPHYX is 9191Sharpe Ratio Rank
The Sortino Ratio Rank of CPHYX is 9494Sortino Ratio Rank
The Omega Ratio Rank of CPHYX is 9393Omega Ratio Rank
The Calmar Ratio Rank of CPHYX is 8686Calmar Ratio Rank
The Martin Ratio Rank of CPHYX is 8888Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Principal High Yield Fund (CPHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


CPHYX
Sharpe ratio
The chart of Sharpe ratio for CPHYX, currently valued at 2.46, compared to the broader market-1.000.001.002.003.004.002.46
Sortino ratio
The chart of Sortino ratio for CPHYX, currently valued at 4.20, compared to the broader market-2.000.002.004.006.008.0010.0012.004.20
Omega ratio
The chart of Omega ratio for CPHYX, currently valued at 1.55, compared to the broader market1.002.003.001.55
Calmar ratio
The chart of Calmar ratio for CPHYX, currently valued at 1.85, compared to the broader market0.005.0010.0015.001.85
Martin ratio
The chart of Martin ratio for CPHYX, currently valued at 10.83, compared to the broader market0.0020.0040.0060.0080.0010.83
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.24, compared to the broader market-1.000.001.002.003.004.002.24
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.16, compared to the broader market-2.000.002.004.006.008.0010.0012.003.16
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.39, compared to the broader market1.002.003.001.39
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.78, compared to the broader market0.005.0010.0015.001.78
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.36, compared to the broader market0.0020.0040.0060.0080.008.36

Sharpe Ratio

The current Principal High Yield Fund Sharpe ratio is 2.46. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Principal High Yield Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.002024FebruaryMarchAprilMayJune
2.46
2.24
CPHYX (Principal High Yield Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Principal High Yield Fund granted a 6.01% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.40$0.38$0.35$0.34$0.35$0.40$0.42$0.37$0.41$0.42$0.54$0.65

Dividend yield

6.01%5.67%5.44%4.70%4.82%5.50%6.17%4.88%5.63%6.25%7.29%8.32%

Monthly Dividends

The table displays the monthly dividend distributions for Principal High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.04$0.03$0.04$0.00$0.17
2023$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.38
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2020$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2019$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.40
2018$0.03$0.03$0.03$0.03$0.03$0.04$0.03$0.04$0.03$0.04$0.04$0.04$0.42
2017$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
2016$0.03$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.04$0.41
2015$0.04$0.03$0.04$0.03$0.03$0.03$0.04$0.03$0.03$0.04$0.03$0.05$0.42
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.12$0.54
2013$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.21$0.65

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune0
-0.41%
CPHYX (Principal High Yield Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Principal High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Principal High Yield Fund was 28.29%, occurring on Nov 21, 2008. Recovery took 172 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.29%May 21, 2008129Nov 21, 2008172Jul 31, 2009301
-20.68%Feb 21, 202022Mar 23, 202094Aug 5, 2020116
-13.7%Apr 19, 2002120Oct 9, 2002120Apr 2, 2003240
-13.57%Jan 4, 2022186Sep 29, 2022299Dec 6, 2023485
-11.98%Jun 2, 2015177Feb 11, 2016102Jul 8, 2016279

Volatility

Volatility Chart

The current Principal High Yield Fund volatility is 1.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%2024FebruaryMarchAprilMayJune
1.08%
2.38%
CPHYX (Principal High Yield Fund)
Benchmark (^GSPC)