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Investment Type: separateaccount

LDI Extended Duration Separate Account-R6

Quick Facts


Long Government

Investment Strategy

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The investment seeks to provide maximum long-term total return, consistent with prudent risk of principal, by investing primarily in U.S. Treasury STRIPS (principal and coupon). The investment seeks to outperform the Barclays U.S. Treasury STRIPS 20+ Index over complete market cycles. The sub-advisor believes that by investing in undervalued securities, as determined by quantitative models, the strategy will generate above-average returns over the long term. The duration target is maintained within plus or minus one year from the U.S. Treasury STRIPS 20+ Index (generally a target portfolio duration of 15+ years).

Morningstar Style Box™

  as of 11/30/2017
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Investment Style
Stylebox Market Capitalization

Overall Morningstar Star Rating™

  as of 12/31/2017
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Out of 30 Long Government Funds


Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.

Total Returns

Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

In situations where the net and gross total investment expense figures are different, the mutual fund or the underlying fund in which a Separate Account invests has waived/capped a portion of its management fees through the date displayed in the waiver expiration date or contractual cap expiration date column. Differences may also be shown due to the fund family choosing to pay certain expenses that would normally be payable by the fund. Returns displayed are based on net total investment expense.

Month-End | Quarter-End
Average Annual Total Returns as of 12/31/2017
1 Month3 MonthYTD1 Year3 Year5 Year10 YearSince     
Total Return % 2.89 4.00 12.48 12.48 2.02 3.81 8.64 8.75
Bloomberg Barclays U.S. Strips 20+ Year Index % 2.82 4.51 13.66 13.66 3.52 5.12 9.01 ---
Long Government Category % 1.65 2.22 8.40 8.40 2.58 3.26 6.47 ---
Morningstar Percentile Rankings** --- --- --- 18 87 22 5 ---
# of Funds in Category 35 33 32 32 30 26 20 ---
**Morningstar percentile rankings are based on total returns.


  as of 12/31/2017
Total Investment Expense - Gross: 0.70%
Total Investment Expense - Net: 0.70%
Total Investment Expense Gross Per $1,000 Invested: $7.00

Growth of $10,000

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Inv Manager or Sub-Advisor

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Barrow Hanley

Portfolio Managers

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Scott McDonald
Since 07/06/2015
M.B.A. , University of Texas

John S. Williams , CFA
Since 07/06/2015
M.B.A. , Texas Christian University

Matt Routh , CFA
Since 09/30/2017
M.A. , University of California, Santa Barbara

2018 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

The full name of this investment option is Principal LDI Extended Duration Separate Account-R6.

Separate Accounts are available through a group annuity contract with Principal Life Insurance Company. Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company, a member of the Principal Financial Group, Des Moines, IA 50392. Certain investment options may not be available in all states or U.S. commonwealths. Principal Life Insurance Company reserves the right to defer payments or transfers from Principal Life Separate Accounts as described in the group annuity contracts providing access to the Separate Accounts or as required by applicable law. Such deferment will be based on factors that may include situations such as: unstable or disorderly financial markets; investment conditions which do not allow for orderly investment transactions; or investment, liquidity, and other risks inherent in real estate (such as those associated with general and local economic conditions). If you elect to allocate funds to a Separate Account, you may not be able to immediately withdraw them.

Returns shown for periods of less than one year are not annualized.

Before directing retirement funds to a separate account, investors should carefully consider the investment objectives, risks, charges and expenses of the separate account as well as their individual risk tolerance, time horizon and goals. For additional information contact us at 1-800-547-7754 or by visiting

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

Effective July 6, 2015, this portfolio is sub-advised by Barrow Hanley. Prior to July 6, 2015, the portfolio was sub-advised by PIMCO. The portfolio has had various sub-advisors since its inception. Performance results displayed reflect all sub-advisors managing this portfolio during the time periods displayed.

Investment manager/sub-advisor means either the Investment Advisor or Sub-Advisor to the investment option or the underlying asset(s).

Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.

Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.