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Principal Asset Management

2023 Top 500 ranking: 51

Multi-sector fixed income 2023

Multi-sector fixed income 2023

2022 was a year for the record books in U.S. fixed income markets. The Bloomberg U.S. Aggregate Bond Index (“the Agg”) celebrates its 50th anniversary in 2023. In those 50 years, 2022’s calendar year total return of -13.01% was unprecedented. The prior record was 1994 (-2.92%); in fact, the cumulative ...

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