September 23, 2014 8:42 AM ET

Capital Markets

Company Overview of Principal Funds, Inc. - California Municipal Fund

Company Overview

Principal Funds, Inc. - California Municipal 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 investment-grade intermediate- and long-term California municipal securities whose income is exempt from federal and California income taxes. It maintains an average portfolio duration that is within ±50% of the duration of the Barclays California Municipal Bond Index. The fund focuses on factors like strength of certain sectors of the fixed-income market relative to others, interest rates, the macroeconomi...

650 8th Street

Des Moines, IA 50392-2080

United States

Founded in 1989

Key Executives for Principal Funds, Inc. - California Municipal Fund

Chief Executive Officer
Age: 55
Chief Financial Officer
Age: 56
Chief Executive Officer of Principal Global Investors LLC
Age: 60
Executive Vice President
Age: 53
Senior Vice President
Age: 47
Compensation as of Fiscal Year 2014.

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