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Pursue investment objectives with fixed income strategies.

Fixed income investments are an essential part of a comprehensive portfolio. Whether you’re looking to diversify your existing portfolio, enhance your income/return potential, optimize tax-efficiency, or solve an individual investment challenge, our global fixed income platform has you covered.
Get to know our fixed income investment teams.

Our fixed income investment teams have a track record of solving for a wide range of personalized investor objectives.

Experience spanning all major sectors, including investment grade, high yield/bank loans, securitized, emerging market debt, municipals, government, alternative credit, and real estate.

Our active investment approach aims to deliver strong and consistent outcomes through evolving markets.

Time-tested investment processes and proprietary investment tools foster cross-sector collaboration, enabling the delivery of multi-sector, stable value, LDI, and cash management solutions.

Experienced portfolio managers across sector-specialty teams are informed by a rigorous and multi-layered risk management framework.
Principal Alternative Credit
Specializing in private credit investing through a global platform, focusing on providing flexible financing and bespoke solutions to meet various client investment objectives.
Principal Finisterre
As a specialist emerging market debt manager committed to delivering solutions that can perform in any market condition, we utilize an unconstrained, time-tested approach to managing income, volatility, and liquidity.
Principal Fixed Income
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.
Principal Morley
Specializes in managing capital preservation strategies and designing customized stable value solutions through a risk-managed, multi-stage construction approach, incorporating a proprietary optimization model.
Spectrum Asset Management
Extensive experience managing global preferred and capital securities with a robust fundamental credit research approach, including both top-down and bottom-up analyses that lead to selective and thoughtful portfolio construction.
Explore our featured fixed income strategies.

To help you diversify your opportunities, we continually review fixed income markets to identify and offer strategies to meet your objectives.

Core Fixed Income

Seeking an attractive level of current income with a focus on capital preservation through a long-term, high-conviction approach.

Managed by Principal Fixed Income

Core Plus Bond

Seeking to take advantage of relative value opportunities across the fixed income universe through an active, multi-sector approach.

Managed by Principal Fixed Income

Finisterre Emerging Markets Debt Total Return

An active, unconstrained, adaptive, long-biased, multi-EMD strategy that aims to participate in the upside potential of EMD, while seeking to limit downside volatility.

Managed by Principal Finisterre

Global High Yield

Emphasizing active security selection across the global high yield investment universe to identify and extract value from market inefficiencies while limiting downside risk.

Managed by Principal Fixed Income

High Yield

Emphasizing active security selection across the high yield investment universe to identify and extract value from market inefficiencies, while limiting downside risk.

Managed by Principal Fixed Income

Liability Driven Investing (LDI)

Solving complex asset-liability matching challenges for defined benefit plan sponsors through tailored, outcome-oriented solutions.

Managed by Principal Fixed Income

Preferred and Capital Securities

Finding higher-quality issuers throughout the preferred and capital securities universe, while diversifying across the credit spectrum.

Managed by Spectrum Asset Management

Short-Term Income

A high-quality short duration strategy seeking to provide an attractive level of income, while protecting principal.

Managed by Principal Fixed Income
Looking for our private market capabilities?

Visit Investment Grade Private Credit and Alternative Credit Direct Lending for more information.
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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.

Principal Alternative Credit, Principal Finisterre, Principal Fixed Income, and Principal Morley are investment teams within Principal Global Investors.

Spectrum Asset Management, Inc. is an affiliate of Principal Global Investors.