Principal GIF Gl.High Yield D2 Dis USD
IE00BKHY2640
Principal GIF Gl.High Yield D2 Dis USD/ IE00BKHY2640 /
NAV8/22/2024 |
Chg.0.0000 |
Type of yield |
Investment Focus |
Investment company |
8.8600USD |
0.00% |
paying dividend |
Bonds
Worldwide
|
Principal Gl.Inv. IE ▶ |
Investment strategy
The objective of the Fund is to provide a return consisting of income and, over the long term, capital growth.
The Fund seeks to achieve its overall objective by investing the majority of the assets of the Fund in a portfolio of US dollar denominated public and private issued highyield fixed income securities, such as fixed interest rate corporate bonds and Rule 144A securities (including Rule 144A securities which have not been issued with an undertaking to register them with the U.S. Securities and Exchanges Commission, provided that they are eligible investments for the Fund). The Fund may also invest globally in public and private issued high-yield fixed income securities, such as fixed interest rate corporate bonds. These securities will generally be rated below investment grade. The Fund is actively managed with reference to ICE BofA Global High Yield USD Hedged Index (the "Index") on the basis that the Fund seeks to outperform the Index.
Investment goal
The objective of the Fund is to provide a return consisting of income and, over the long term, capital growth.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Corporate Bonds |
Benchmark: |
ICE BofA Global High Yield USD Hedged Index |
Business year start: |
10/1 |
Last Distribution: |
8/1/2024 |
Depository bank: |
The Bank of New York Mellon SA/NV |
Fund domicile: |
Ireland |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
Mark Denkinger, Darrin Smith, Joshua Rank |
Fund volume: |
206.97 mill.
USD
|
Launch date: |
6/2/2020 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.60% |
Minimum investment: |
1,000.00 USD |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Principal Gl.Inv. IE |
Address: |
1 Wood Street, EC2V 7JB, London |
Country: |
United Kingdom |
Internet: |
www.principalglobal.com
|
Countries
United States of America |
|
66.00% |
United Kingdom |
|
6.70% |
Canada |
|
6.10% |
Germany |
|
3.00% |
Netherlands |
|
3.00% |
France |
|
1.80% |
Italy |
|
1.80% |
Luxembourg |
|
1.80% |
Ireland |
|
1.60% |
Switzerland |
|
0.80% |
Sweden |
|
0.80% |
Czech Republic |
|
0.70% |
Puerto Rico |
|
0.70% |
Others |
|
5.20% |