Fact sheet: Principal GIF HY

Fund information

Fund name
Principal GIF High Yield I Acc USD
Fund company manager
Principal Global Investors (Ir
Fund type
SIB
Fund manager
Darrin Smith
since 01/04/2008
Fund objective
The Fund seeks to provide a return consisting of income and, over the long term, capital growth. The Fund seeks to achieve its overall objective by investing primarily in a portfolio of U.S. dollar denominated high yield fixed income securities. Value will be primarily added through security selection.
Benchmark
BofA Merrill Lynch Global High Yield
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

10.35 %

1 Year rank in sector

2/49

Sector

FO Fixed Int - USD High Yield

Yield
-
Fund size

£ 170.1 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    53.27%
  • Money Market
    7.17%
  • Luxembourg
    6.19%
  • UK
    6.02%
  • Netherlands
    4.79%
  • Communications
    18.7%
  • Cyclical Consumer Goods
    15.8%
  • Financials
    13.9%
  • Capital Goods
    11.1%
  • Non-Cyclical Consumer Goods
    8.5%
  • US Fixed Interest
    52.74%
  • UK Fixed Interest
    7.98%
  • Money Market
    7.17%
  • Luxembourg Fixed Interest
    6.19%
  • Dutch Fixed Interest
    4.79%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.05 %4.9 %10.35 %16.88 %39.25 %
Sector0.68 %2.53 %7 %10.27 %24.26 %
Rank within sector16 / 582 / 582 / 495 / 394 / 29
Quartile th2 nd1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund6.45 %14.01 %-0.56 %0.94 %9.87 %
Sector3.87 %12.74 %-3.11 %0.67 %6.23 %
Rank within sector5 / 5615 / 4810 / 4218 / 362 / 33
Quartile th1 st2 nd1 st2 nd1 st

Risk statistics

Alpha1.44
Beta1.1
Sharpe0.2
Volatility5.56
Tracking error1.14
Information ratio1.49
R-Squared0.97

Price movement

52 week high25.9
52 week low23.49
Current bid price0
Current offer price0
Current mid price25.9

Holdings by region

  • 53.27% USA
  • 7.17% Money Market
  • 6.19% Luxembourg
  • 6.02% UK
  • 4.79% Netherlands
  • 4.28% Italy
  • 3.42% Canada
  • 2.69% Germany
  • 2.14% Brazil
  • 1.99% France

Holdings by sector

  • 18.7% Communications
  • 15.8% Cyclical Consumer Goods
  • 13.9% Financials
  • 11.1% Capital Goods
  • 8.5% Non-Cyclical Consumer Goods
  • 8% Basic Industries
  • 7.6% Energy
  • 6.8% Money Market
  • 3.7% Technology
  • 2.3% Others

Holdings by asset type

  • 52.74% US Fixed Interest
  • 7.98% UK Fixed Interest
  • 7.17% Money Market
  • 6.19% Luxembourg Fixed Interest
  • 4.79% Dutch Fixed Interest
  • 4.28% Italian Fixed Interest
  • 3.42% Canadian Fixed Interest
  • 2.69% German Fixed Interest
  • 2.14% Brazilian Fixed Interest
  • 1.99% French Fixed Interest

Individual holdings

  • 1.2% PETROBRAS GLOBAL FINANCE BV 7.375% BDS 17/01/27 USD2000
  • 1.19% ING BANK NV FRN 15/05/53 USD1000
  • 1.1% QUINTILES IMS HLDGS INC 3.25% BDS 15/03/25 EUR 100000
  • 0.99% DIAMOND 1 FIN/DIAMOND 2 7.125% BDS 15/06/24 USD2000 REG S
  • 0.99% ING GROEP N.V. 6% PERPETUAL CONTINGENT CNV CAP SECS USD
  • 0.96% ASTON MARTIN CAPITAL LTD 5.75% BDS 15/04/22 GBP100000
  • 0.94% ALLY FINANCIAL INC 5.75% BDS 20/11/25 USD1000
  • 0.91% ALTICE SA 7.75% MTN 15/05/22 USD200000
  • 0.87% MATTERHORN TELECOM SA 4.875% BDS 01/05/23 EUR100000
  • 0.85% CCO HOLDINGS, LLC / CCO 5.125% 01 MAY 2023-18 REGS