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March 28, 2015 1:58 PM ET

Capital Markets

Company Overview of Principal Funds, Inc. - Tax-Exempt Bond Fund

Company Overview

Principal Funds, Inc. - Tax-Exempt Bond Fund is an open-ended fixed income mutual fund launched and managed by Principal Management Corporation. The fund is co-managed by Principal Global Investors, LLC. It invests in the fixed income markets of the United States. The fund invests in municipal securities whose income is exempt from federal income tax. It also invests in inverse floating rate obligations. The fund maintains an average portfolio duration that is within ±50% of the duration of the Barclays Municipal Bond Index. It focuses on factors like strength of certain sectors of the fixed-income market relative to others, interest rates, the macroeconomic backdrop, the balance between sup...

650 8th Street

Des Moines, IA 50392-2080

United States

Founded in 1977

Key Executives for Principal Funds, Inc. - Tax-Exempt Bond Fund

Chief Executive officer of Pgi
Age: 60
Chief Financial officer of Pgi and Executive Director of Pgi
Chief Operating officer of Pgi and Executive Director of Pgi
Age: 53
Executive Director of Pgi
Executive Director of Pgi
Age: 54
Compensation as of Fiscal Year 2014.

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