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(s)
Mark Denkinger
since 01/04/2008
Joshua Rank
since 23/06/2013
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

7.45 %

1 Year rank in sector

6/55

Sector

FO Fixed Int - USD High Yield

Yield
-
Fund size

£ 199.3 m

FE Risk score

93

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    58.17%
  • UK
    6.21%
  • Netherlands
    5.51%
  • Luxembourg
    5%
  • Italy
    4.26%
  • Cyclical Consumer Goods
    17.2%
  • Communications
    16.6%
  • Capital Goods
    12.8%
  • Financials
    11.6%
  • Non-Cyclical Consumer Goods
    9.7%
  • US Fixed Interest
    57.91%
  • UK Fixed Interest
    6.59%
  • Dutch Fixed Interest
    5.51%
  • Luxembourg Fixed Interest
    5%
  • Italian Fixed Interest
    4.26%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1 %3.41 %7.45 %23.04 %34.18 %
Sector0.47 %1.59 %4.04 %14.85 %21.06 %
Rank within sector14 / 627 / 586 / 554 / 434 / 34
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.69 %7.69 %14.01 %-0.56 %0.94 %
Sector0.41 %4.49 %12.74 %-3.11 %0.67 %
Rank within sector25 / 616 / 5516 / 4910 / 4319 / 35
Quartile th2 nd1 st2 nd1 st3 rd

Risk statistics

Alpha1.95
Beta1.07
Sharpe0.68
Volatility4.96
Tracking error0.97
Information ratio2.33
R-Squared0.97

Price movement

52 week high26.4
52 week low24.54
Current bid price0
Current offer price0
Current mid price26.38

Holdings by region

  • 58.17% USA
  • 6.21% UK
  • 5.51% Netherlands
  • 5% Luxembourg
  • 4.26% Italy
  • 3.91% Canada
  • 3.36% Germany
  • 3.02% France
  • 2.33% Brazil
  • 2.02% Money Market

Holdings by sector

  • 17.2% Cyclical Consumer Goods
  • 16.6% Communications
  • 12.8% Capital Goods
  • 11.6% Financials
  • 9.7% Non-Cyclical Consumer Goods
  • 8.9% Energy
  • 8.2% Basic Industries
  • 5.8% Technology
  • 2.6% Others
  • 2.4% Money Market

Holdings by asset type

  • 57.91% US Fixed Interest
  • 6.59% UK Fixed Interest
  • 5.51% Dutch Fixed Interest
  • 5% Luxembourg Fixed Interest
  • 4.26% Italian Fixed Interest
  • 3.91% Canadian Fixed Interest
  • 3.36% German Fixed Interest
  • 3.02% French Fixed Interest
  • 2.33% Brazilian Fixed Interest
  • 2.02% Money Market

Individual holdings

  • 1.24% PETROBRAS GLOBAL FINANCE BV 7.375% BDS 17/01/27 USD2000
  • 1.23% ALLY FINANCIAL INC 5.75% BDS 20/11/25 USD1000
  • 1.19% EQUINIX INC 2.875% BDS 01/02/26 EUR100000
  • 1.19% ING BANK NV FRN 15/05/53 USD1000
  • 1.13% QUINTILES IMS HLDGS INC 3.25% BDS 15/03/25 EUR 100000
  • 1.03% NMG FINCO PLC 5% BDS 01/08/22 GBP100000
  • 1.02% ASTON MARTIN CAPITAL LTD 5.75% BDS 15/04/22 GBP100000
  • 1% ING GROEP N.V. 6% PERPETUAL CONTINGENT CNV CAP SECS USD
  • 0.98% DIAMOND 1 FIN/DIAMOND 2 7.125% BDS 15/06/24 USD2000 REG S
  • 0.91% VIRIDIAN POWER & ENERGY LTD 4% BDS 15/09/25 EUR1000