Home Fixed income investment strategies Short-Term Income

Short-Term Income strategy differentiators

  • Independent credit research with a preference toward issuers with a margin of safety.

  • Long-term investment horizon seeking to capitalize on value opportunities.

  • Longstanding 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 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

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
Michael Goosay
32 years of experience
PM Title
Portfolio Manager
Name
Scott Peterson, CFA
34 years of experience
PM Title
Portfolio Manager
Name
John Friedl, CFA
25 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. Credit 1-3 years 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.