PIOOX

About PIOOX

Principal Core Fixed Income Fund R3 is a mutual fund that primarily invests in a diversified portfolio of investment-grade fixed-income securities. Its core purpose is to provide investors with exposure to high-quality bonds, including corporate bonds, U.S. government securities, mortgage-backed and asset-backed instruments. By focusing on investment-grade debt, the fund seeks to balance income generation with relative capital stability, making it a foundational choice for investors seeking core fixed-income exposure in their portfolios. Managed by an experienced team from Principal Global Investors, the fund applies robust research and active management to navigate interest rate cycles and credit market trends. Principal Core Fixed Income Fund R3 plays a significant role in the financial market by serving as a central holding in diversified investment strategies, supporting income needs and acting as a counterbalance to the volatility of equity markets. Its broad sector coverage within the fixed income universe positions it as a key vehicle for accessing the major components of the U.S. investment-grade bond market.