Principal Long Duration ETF (DWWN)

The Principal Long Duration ETF (DWWN) is a fixed income fund from Principal Asset Management, the investment arm of Principal Financial Group based in Des Moines, Iowa.

As its name indicates, the fund invests in bonds with long durations, meaning their prices are highly sensitive to changes in interest rates. Long-duration portfolios generally hold longer-maturity government and investment-grade corporate debt and are often used for liability matching or to express a view on interest rates.