Principal Asset Management

Head office:

Des Moines, IA

Assets managed:

$712.6 billion (as of December 31, 2023)

Head office:

Des Moines, IA

Assets managed:

$712.6 billion (as of December 31, 2023)

Company profile

Principal Asset Management is the institutional asset management arm of the Principal Financial Group®.

Investment approach

Principal Global Fixed Income, a specialized investment management group within Principal Asset Management. As global credit specialists, their focus is on providing total-return, yield-oriented, and customized investment strategies for clients worldwide.

Funds managed

Lead managers

Mark Denkinger

Portfolio Manager

Mark is a Portfolio Manager at Principal Global Fixed Income, with responsibility for high yield credit and leveraged loans. Previously, Mark was the Managing Director of fixed income credit research and trading.

Darrin Smith

Portfolio Manager

Darrin is a Portfolio Manager at Principal Global Fixed Income. He is a member of the high yield portfolio management team, with responsibility for high yield securities and leveraged loans. Darrin joined the firm in 2007 and has experience as a high yield portfolio manager since 1998.

Joshua Rank

Portfolio Manager

Joshua is a High Yield Portfolio Manager at Principal Asset Management. He is responsible for high yield and leveraged loan strategies.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus and/or Fund Facts before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Principal Asset Management