Principal Private Credit Fund A (PPACX)
10.27
+0.01
(+0.10%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 3.07% | 122.15M | -- | 20.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 6.35% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return, consisting of current income and capital appreciation. The Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in private credit investments, including equity securities added to debt instruments to make them more desirable. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Principal |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-472.08M
Peer Group Low
1.022B
Peer Group High
1 Year
% Rank:
--
-1.892B
Peer Group Low
6.831B
Peer Group High
3 Months
% Rank:
--
-291.34M
Peer Group Low
2.129B
Peer Group High
3 Years
% Rank:
--
-2.677B
Peer Group Low
23.11B
Peer Group High
6 Months
% Rank:
--
-1.169B
Peer Group Low
3.761B
Peer Group High
5 Years
% Rank:
--
-4.823B
Peer Group Low
26.18B
Peer Group High
YTD
% Rank:
--
-1.282B
Peer Group Low
4.794B
Peer Group High
10 Years
% Rank:
--
-10.64B
Peer Group Low
3.045B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | -13.11% |
| Stock | 0.34% |
| Bond | 110.9% |
| Convertible | 0.00% |
| Preferred | 0.03% |
| Other | 1.87% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Trident Borrower LLC FRN 05-Mar-2032
|
3.82% | -- | -- |
|
CompletePet Florida LLC FRN 06-Feb-2030
|
3.66% | -- | -- |
|
SSA Acquisition Holdco LLC FRN 25-Jul-2029
|
3.41% | -- | -- |
|
Riverview Landscape Holdings LLC FRN 29-Jan-2030
|
3.38% | -- | -- |
|
Diaspora Tea & Herb Company LLC FRN 18-Feb-2032
|
3.14% | -- | -- |
|
Barricade Holdings LLC FRN 30-Sep-2030
|
3.10% | -- | -- |
| Morgan Stanley Inst Liq Govt Port Institutional | 2.68% | 1.00 | 0.00% |
|
Merit Financial Group LLC FRN 27-Aug-2032
|
2.23% | -- | -- |
|
PTS HoldCo Inc FRN 04-Mar-2031
|
2.18% | -- | -- |
|
Pediatric Home Respiratory Services LLC 23-DEC-2030 Term Loan
|
2.17% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | -- |
| Administration Fee | 12.00 None |
| Maximum Front Load | 5.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 25000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return, consisting of current income and capital appreciation. The Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in private credit investments, including equity securities added to debt instruments to make them more desirable. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Principal |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 7.04% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 144 |
| Bond | |
| Yield to Maturity (6-30-26) | 6.45% |
| Effective Duration | -- |
| Average Coupon | 7.20% |
| Calculated Average Quality | 5.747 |
| Effective Maturity | 4.011 |
| Nominal Maturity | 4.028 |
| Number of Bond Holdings | 130 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |