Principal Private Credit Fund A (PPACX)
10.38
+0.01
(+0.10%)
USD |
Dec 26 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.60% | -- | -- | 15.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 7.36% | Upgrade | Upgrade |
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:
--
-190.75M
Peer Group Low
490.64M
Peer Group High
1 Year
% Rank:
--
-3.096B
Peer Group Low
8.623B
Peer Group High
3 Months
% Rank:
--
-582.83M
Peer Group Low
1.235B
Peer Group High
3 Years
% Rank:
--
-3.827B
Peer Group Low
21.48B
Peer Group High
6 Months
% Rank:
--
-684.05M
Peer Group Low
3.764B
Peer Group High
5 Years
% Rank:
--
-2.475B
Peer Group Low
23.14B
Peer Group High
YTD
% Rank:
--
-3.255B
Peer Group Low
7.670B
Peer Group High
10 Years
% Rank:
--
-13.06B
Peer Group Low
23.62B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 29, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | -0.39% |
| Stock | 0.18% |
| Bond | 99.96% |
| Convertible | 0.00% |
| Preferred | 0.04% |
| Other | 0.21% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Morgan Stanley Inst Liq Govt Port Institutional | 7.60% | 1.00 | 0.00% |
|
CompletePet Florida LLC FRN 06-Feb-2030
|
4.86% | -- | -- |
|
Riverview Landscape Holdings LLC FRN 29-Jan-2030
|
3.70% | -- | -- |
|
Barricade Holdings LLC FRN 30-Sep-2030
|
3.07% | -- | -- |
|
Pediatric Home Respiratory Services LLC 23-DEC-2030 Term Loan
|
2.92% | -- | -- |
|
Sales Performance International LLC FRN 24-Aug-2028
|
2.72% | -- | -- |
|
SSA Acquisition Holdco LLC FRN 25-Jul-2029
|
2.57% | -- | -- |
|
Cleartelligence LLC FRN 10-Jul-2029
|
2.45% | -- | -- |
|
Fowler Route Co Inc FRN 28-Feb-2030
|
2.28% | -- | -- |
|
Kano Intermediate Inc FRN 17-Dec-2030
|
2.26% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | -- |
| Administration Fee | 12.00% |
| 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 |
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 (12-24-25) | 6.79% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 115 |
| Bond | |
| Yield to Maturity (9-30-25) | 6.38% |
| Effective Duration | -- |
| Average Coupon | 7.06% |
| Calculated Average Quality | 5.655 |
| Effective Maturity | 3.880 |
| Nominal Maturity | 3.927 |
| Number of Bond Holdings | 104 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |