Seeking an attractive level of current income with a focus on capital preservation through a long-term, high-conviction approach.
Research-driven, low-turnover strategy focused on bonds with a margin of safety.
Forward-looking investment process that integrates a top-down, bottom-up analysis and a disciplined focus on risk management.
Independent credit research with a strategic bias toward corporate bonds.
Manager
Principal Fixed Income
Inception
1 January 1997
Index
Bloomberg U.S. Aggregate Bond Index
Targeted number of holdings
100-150
Expected turnover
10-20%
Investment vehicles
SMA, U.S. Mutual Fund, CIT
A global platform of integrated and specialized teams focused on delivering innovative, actively managed total return and yield-oriented investment solutions through capabilities that span all major fixed income sectors.
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Past performance does not guarantee future results.
Fixed‐income investment options are subject to interest rate risk, and their value will decline as interest rates rise.
Investment guidelines are subject to change.
Not all investment options are available in all jurisdictions.
The Bloomberg U.S. Aggregate Bond Index measures the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM passthroughs), ABS, and CMBS.
Principal Fixed Income is an investment team within Principal Global Investors.