Principal Private Credit Y (PPAYX)

Fund Assets	n/a
Expense Ratio	3.379%
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	0.73
Dividend Yield	7.12%
Dividend Growth	1.02%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	10.25
YTD Return	5.04%
1-Year Return	6.68%
5-Year Return	n/a
52-Week Low	10.23
52-Week High	10.46
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About PPAYX

Principal Private Credit Fund I Shares is a closed-end interval fund focused on private credit investments, managed by Principal Asset Management. Its primary objective is to maximize total return, primarily through current income and capital appreciation. The fund invests at least 80% of its net assets in a diversified portfolio of private credit instruments such as direct lending loans, syndicated loans, high yield bonds, and related equity securities, with an emphasis on first lien, senior secured loans. This approach offers exposure to lower and core middle market companies, targeting sectors including commercial services, healthcare, technology, and diversified financials. The fund aims to reduce volatility and mitigate downside risks by prioritizing companies with stable cash flows and low cyclicality. Structured as an interval fund, Principal Private Credit Fund I provides quarterly liquidity via repurchase offers, making it distinct from typical open-end mutual funds. By offering access to private credit markets, it serves investors seeking income diversification and resilience in varying market conditions, leveraging the experience of Principal’s seasoned alternative credit team.

• Stock Exchange: Nasdaq
• Ticker Symbol: PPAYX

Performance

PPAYX had a total return of 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.96%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.1902	Oct 16, 2026
Jun 29, 2026	$0.1902	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, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 17, 2026

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