SAUPX: Principal SAM Flexible Income Portfolio - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

SAUPX - Snapshot

Vitals

  • YTD Return 3.6%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $2.68 B
  • Holdings in Top 10 86.7%

52 WEEK LOW AND HIGH

$12.91
$10.68
$12.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 11.10%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare SAUPX to Popular U.S. Conservative Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$17.29

+0.29%

$5.60 B

2.33%

$0.40

6.66%

-

$14.41

+0.21%

$5.52 B

1.49%

$0.21

5.80%

-

$13.12

-0.08%

$4.90 B

4.86%

$0.64

-4.72%

-

$12.93

+0.16%

$2.68 B

1.73%

$0.22

3.61%

-

$13.78

+0.22%

$2.40 B

2.73%

$0.38

6.08%

-

SAUPX - Profile

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.82%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Principal SAM Flexible Income Portfolio
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jul 25, 1996
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Jablonski

Fund Description

The Portfolios operate as funds of funds and invest principally in funds and exchange-traded funds ("ETFs") of Principal Funds, Inc. and Principal Exchange-Traded Funds ("underlying funds"). It generally invests: between 55% and 95% of its assets in fixed-income funds, and less than 40% in any one fixed-income fund; between 5% and 45% of its assets in equity funds, and less than 30% in any one equity fund; less than 20% of its assets in specialty funds, and less than 20% in any one specialty fund.


SAUPX - Performance

Return Ranking - Trailing

Period SAUPX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -10.5% 10.3% 64.74%
1 Yr 2.3% -11.3% 8.3% 67.63%
3 Yr 3.9%* -2.3% 6.3% 48.54%
5 Yr 4.5%* -0.9% 6.4% 40.12%
10 Yr 4.9%* 0.9% 6.8% 30.40%

* Annualized

Return Ranking - Calendar

Period SAUPX Return Category Return Low Category Return High Rank in Category (%)
2019 9.6% 3.0% 15.2% 21.18%
2018 -8.9% -18.4% -1.2% 71.17%
2017 4.4% -9.1% 9.9% 37.82%
2016 3.3% -3.4% 17.3% 34.93%
2015 -6.5% -40.3% -1.0% 61.43%

Total Return Ranking - Trailing

Period SAUPX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -10.5% 10.3% 64.74%
1 Yr -1.5% -14.9% 8.3% 84.97%
3 Yr 2.6%* -3.2% 6.3% 71.35%
5 Yr 3.7%* -0.9% 6.4% 67.07%
10 Yr 4.5%* 0.9% 6.8% 43.20%

* Annualized

Total Return Ranking - Calendar

Period SAUPX Return Category Return Low Category Return High Rank in Category (%)
2019 9.6% 3.0% 15.2% 24.12%
2018 -8.9% -18.4% 0.4% 76.69%
2017 4.4% -3.3% 15.3% 69.87%
2016 3.3% -3.4% 19.9% 72.60%
2015 -6.5% -16.2% 1.4% 76.43%

NAV & Total Return History


SAUPX - Holdings

Concentration Analysis

SAUPX Category Low Category High SAUPX % Rank
Net Assets 2.68 B 1.38 M 5.6 B 8.74%
Number of Holdings 17 3 3665 77.05%
Net Assets in Top 10 2.34 B 870 K 5.52 B 3.28%
Weighting of Top 10 86.66% 6.7% 100.0% 43.82%

Top 10 Holdings

  1. Principal Government & High Qual Bd Inst 14.53%
  2. Principal Short-Term Income Inst 12.99%
  3. Principal Core Fixed Income R6 11.04%
  4. Principal Investment Grd Corp Actv ETF 10.98%
  5. Principal Spectrum Pref&Cptl Scs IncR6 8.07%
  6. Principal Equity Income Inst 7.51%
  7. Principal Active Income ETF 6.55%
  8. Principal Inflation Protection Inst 6.42%
  9. Principal Diversified International R-6 4.69%
  10. Principal Blue Chip R-6 3.89%

Asset Allocation

Weighting Return Low Return High SAUPX % Rank
Bonds
63.01% 26.02% 89.78% 74.32%
Stocks
26.93% 1.28% 33.61% 13.66%
Cash
4.74% -22.10% 64.27% 53.01%
Convertible Bonds
3.25% 0.00% 6.44% 16.39%
Preferred Stocks
2.03% 0.00% 15.15% 14.75%
Other
0.03% -4.21% 46.27% 68.31%

Stock Sector Breakdown

Weighting Return Low Return High SAUPX % Rank
Financial Services
15.87% 0.00% 73.69% 12.57%
Real Estate
14.95% 0.00% 89.31% 18.03%
Technology
13.99% 0.00% 29.76% 60.11%
Healthcare
11.82% 0.00% 41.66% 58.47%
Consumer Cyclical
9.50% 0.00% 15.45% 64.48%
Communication Services
9.06% 0.00% 11.82% 34.43%
Industrials
9.00% 0.00% 23.14% 72.68%
Consumer Defense
6.46% 0.00% 25.23% 74.86%
Basic Materials
3.36% 0.00% 100.00% 73.22%
Utilities
3.22% 0.00% 41.91% 44.81%
Energy
2.78% 0.00% 23.75% 41.53%

Stock Geographic Breakdown

Weighting Return Low Return High SAUPX % Rank
US
19.33% 0.06% 24.85% 20.22%
Non US
7.60% -1.72% 12.83% 20.22%

Bond Sector Breakdown

Weighting Return Low Return High SAUPX % Rank
Corporate
45.37% 0.00% 95.91% 27.32%
Securitized
22.49% 0.00% 45.54% 34.43%
Cash & Equivalents
15.14% 0.22% 69.80% 26.78%
Government
15.03% 0.00% 72.49% 83.06%
Derivative
1.98% 0.00% 25.25% 39.89%
Municipal
0.00% 0.00% 19.07% 78.69%

Bond Geographic Breakdown

Weighting Return Low Return High SAUPX % Rank
US
57.69% 22.14% 84.76% 54.64%
Non US
5.32% -15.64% 31.73% 71.58%

SAUPX - Expenses

Operational Fees

SAUPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.06% 16.08% 57.80%
Management Fee 0.28% 0.00% 1.20% 57.92%
12b-1 Fee 0.25% 0.00% 1.00% 40.18%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

SAUPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 2.50% 5.75% 82.14%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SAUPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SAUPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.10% 0.00% 353.91% 14.12%

SAUPX - Distributions

Dividend Yield Analysis

SAUPX Category Low Category High SAUPX % Rank
Dividend Yield 0.00% 0.00% 7.29% 43.72%

Dividend Distribution Analysis

SAUPX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

SAUPX Category Low Category High SAUPX % Rank
Net Income Ratio 2.82% -0.55% 6.36% 29.71%

Capital Gain Distribution Analysis

SAUPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

SAUPX - Fund Manager Analysis

Managers

Todd Jablonski


Start Date

Tenure

Tenure Rank

Jan 01, 2010

10.84

10.8%

Todd is a portfolio manager and Head of Asset Allocation at Edge Asset Management, an affiliate of Principal Global Investors. He joined Edge in 2010 and has over 12 years of industry experience. Previously, he was an executive director and portfolio manager for UBS. Todd is a graduate of the University of Virginia and holds a bachelor's degree in Economics. He received his MBA from New York University's Stern School of Business with a concentration in Quantitative Finance. Todd has earned the right to use the CFA designation and is a member of the Society of Quantitative Analysts.

Gregory Tornga


Start Date

Tenure

Tenure Rank

Oct 02, 2017

3.08

3.1%

Greg is head of fixed income at Edge Asset Management (EDGE) and also serves as a portfolio manager. He joined EDGE in 2011 and has been in the investment industry since 2002. Previously, Greg was a senior vice president for Payden & Rygel Investment Management in Los Angeles, where he served as the Head of Investment Grade Credit Strategy. He received an MBA from the Argyros School of Business & Economics at Chapman University, and a Bachelor's degree from the University of Michigan. Mr. Tornga has earned the right to use the Chartered Financial Analyst Designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.1 5.3 2.09
Continue to site >
Trending ETFs