PPM High Yield Core Fund (PKHIX)
The fund seeks to achieve its objective by investing under normal circumstances at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in high yield, high-risk debt securities ("junk bonds"). Junk bonds are bonds that are rated below investment grade by at least one major credit rating agency or, if not rated by any credit rating agency, deemed to be below investment-grade quality by PPM. It may also invest up to 20% of its total assets in equity securities (other than preferred stock, in which the fund may invest without limit).
Fund Info
US69355A4004
Jul 16, 2018
$1,000,000
Expense Ratio
PKHIX features an expense ratio of 0.71%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PPM High Yield Core Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PPM High Yield Core Fund had a return of 0.00% year-to-date (YTD) and 7.11% in the last 12 months.
PKHIX
0.00%
0.00%
1.88%
7.11%
3.54%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PKHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.39% | 0.38% | 0.96% | -0.81% | 1.34% | 0.85% | 1.53% | 1.42% | 1.15% | -0.28% | 0.71% | -0.67% | 7.17% |
| 2023 | 4.10% | -1.67% | 0.69% | 0.91% | -1.04% | 1.64% | 1.66% | 0.62% | -1.03% | -1.34% | 4.37% | 3.41% | 12.77% |
| 2022 | -2.56% | -0.94% | -0.71% | -3.54% | -0.72% | -6.69% | 5.85% | -1.86% | -4.21% | 3.00% | 1.87% | -0.81% | -11.31% |
| 2021 | 0.33% | 0.52% | 0.26% | 1.22% | 0.33% | 1.32% | 0.02% | 0.62% | 0.12% | -0.28% | -0.97% | 2.01% | 5.62% |
| 2020 | -0.27% | -1.90% | -11.30% | 4.02% | 4.25% | 0.04% | 5.00% | 0.93% | -1.02% | 0.46% | 4.12% | 1.99% | 5.35% |
| 2019 | 5.31% | 1.17% | 0.79% | 1.80% | -1.36% | 2.41% | 0.47% | 0.46% | 0.44% | 0.24% | 0.44% | 2.07% | 15.04% |
| 2018 | 0.71% | 0.55% | 0.33% | -2.03% | -1.34% | -3.16% | -4.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, PKHIX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PPM High Yield Core Fund (PKHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PPM High Yield Core Fund provided a 5.81% dividend yield over the last twelve months, with an annual payout of $0.52 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.57 | $0.60 | $0.52 | $0.51 | $0.50 | $0.54 | $0.26 |
Dividend yield | 5.81% | 6.42% | 6.80% | 6.19% | 5.06% | 5.01% | 5.30% | 2.80% |
Monthly Dividends
The table displays the monthly dividend distributions for PPM High Yield Core Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.02 | $0.00 | $0.57 |
| 2023 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.60 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.52 |
| 2021 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.50 |
| 2019 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.54 |
| 2018 | $0.02 | $0.05 | $0.04 | $0.05 | $0.05 | $0.06 | $0.26 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PPM High Yield Core 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 PPM High Yield Core Fund was 22.73%, occurring on Mar 23, 2020. Recovery took 158 trading sessions.
The current PPM High Yield Core Fund drawdown is 0.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.73% | Feb 21, 2020 | 22 | Mar 23, 2020 | 158 | Nov 4, 2020 | 180 |
| -15.24% | Jan 3, 2022 | 187 | Sep 29, 2022 | 314 | Dec 29, 2023 | 501 |
| -7.75% | Oct 4, 2018 | 56 | Dec 24, 2018 | 65 | Mar 29, 2019 | 121 |
| -2.16% | Nov 10, 2021 | 12 | Nov 26, 2021 | 21 | Dec 28, 2021 | 33 |
| -2.03% | Apr 1, 2024 | 12 | Apr 16, 2024 | 13 | May 3, 2024 | 25 |
Volatility
Volatility Chart
The current PPM High Yield Core Fund volatility is 0.00%, 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.