Principal Private Credit Institutional (PPAIX)

Fund Assets	n/a
Expense Ratio	3.41%
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	0.73
Dividend Yield	7.12%
Dividend Growth	1.91%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	10.20
YTD Return	4.93%
1-Year Return	6.46%
5-Year Return	n/a
52-Week Low	10.18
52-Week High	10.43
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About PPAIX

Principal Private Credit Fund – Institutional Class is a closed-end interval fund designed to provide investors with access to private credit markets. The fund primarily seeks to maximize total return through a combination of current income and capital appreciation. It invests at least 80% of its net assets, along with any borrowings, in private credit investments, which include loans, bonds, and other credit instruments issued in private offerings or by private companies. The portfolio may also hold related equity securities, such as warrants or preferred shares, that are included alongside debt instruments to enhance their appeal. Managed by the Principal Asset Management’s alternative credit team, the fund focuses on lower and core middle market direct lending, offering exposure to senior secured first lien loans with reasonable leverage and financial covenants. As an interval fund, it conducts quarterly repurchase offers of a minimum of 5% of outstanding shares at net asset value, providing limited liquidity while granting access to private credit opportunities. Principal Private Credit Fund – Institutional Class serves investors seeking diversified income and potential for capital growth within the expanding private credit sector, with professional management leveraging decades of expertise in direct lending and alternative credit markets.

• Stock Exchange: Nasdaq
• Ticker Symbol: PPAIX

Performance

PPAIX had a total return of 6.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.66%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.1884	Oct 16, 2026
Jun 29, 2026	$0.1882	Jul 17, 2026
Mar 30, 2026	$0.169	Apr 17, 2026
Dec 30, 2025	$0.1803	Jan 14, 2026
Sep 29, 2025	$0.1945	Oct 13, 2025
Jun 27, 2025	$0.1903	Jul 14, 2025

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Oct 17, 2026

Data Sources Report a data error