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Home Fixed income investment strategies Core Fixed Income

Core Fixed Income strategy differentiators

  • Research-driven, low-turnover strategy focused on bonds with a margin of safety.

  • Independent credit research with a strategic bias toward corporate bonds.

  • Forward-looking investment process that integrates a top-down, bottom-up analysis and a disciplined focus on risk management.

Strategy facts

  • Manager

    Principal Fixed Income

  • Inception

    1 January 1997

  • Index

    Bloomberg U.S. Aggregate Index

  • Targeted number of holdings

    100-150

  • Expected turnover

    10-20%

  • Investment vehicles
    SMA, U.S. Mutual Fund, CIT

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.

PM Title
Portfolio Manager
Name
John Friedl, CFA
27 years of experience
PM Title
Portfolio Manager
Name
Bryan C. Davis, CFA
34 years of experience
PM Title
Portfolio Manager
Name
Jeff Callahan, CFA
19 years of experience
PM Title
Portfolio Manager
Name
Michael Goosay
34 years of experience
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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.