A high-quality short duration strategy seeking to provide an attractive level of income, while protecting principal.
Independent credit research with a preference toward issuers with a margin of safety.
Longstanding investment process that integrates a top-down, bottom-up analysis and a disciplined focus on risk management.
Long-term investment horizon seeking to capitalize on value opportunities.
Manager
Principal Fixed Income
Inception
1 February 1998
Index
Bloomberg U.S. Credit 1-3 Year Index
Targeted number of issuers
150-225
Expected turnover
50%
Investment vehicles
U.S. Mutual Fund
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.
No information
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. Credit 1-3 Year Index is composed of publicly issued U.S. corporate and specified foreign debentures and secured notes that meet the specified maturity, liquidity, and quality requirements. To qualify, bonds must be SEC-registered.
Principal Fixed Income is an investment team within Principal Global Investors.