PGDIX

About PGDIX

Principal Diversified Income Fund Institutional Class is a mutual fund designed to provide diversified sources of income through a risk-aware allocation across global credit markets. The fund primarily invests in a wide range of fixed income securities, including investment-grade corporate bonds, high yield bonds, preferred securities, securitized products, and emerging market debt, seeking to deliver yields that exceed those of standard fixed income portfolios. Managed by an experienced team, the fund employs a dynamic approach, adjusting allocations among different credit sectors based on evolving market conditions and opportunities. By spanning multiple credit segments and geographies, the fund aims to reduce risk while capturing income across varying market environments. Its diversified, multi-sector profile positions it as a core holding for investors looking for consistent income and exposure to both domestic and international credit markets, and it is notably recognized within the multisector bond category for its risk-adjusted performance and broad portfolio construction.