Principal SAM Flexible Income A
- SAUPX
- Price as of: Nov 27, 2020
-
$12.91
N/A N/A
- Primary Theme
- U.S. Conservative Allocation
- Fund Company
- Principal Funds
- Share Class
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
-
Primary Theme
U.S. Conservative Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--15% to 30% Equity
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePrincipal SAM Flexible Income Portfolio
-
Fund Family NamePrincipal Funds
-
Inception DateJul 25, 1996
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTodd 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
- Principal Government & High Qual Bd Inst 14.53%
- Principal Short-Term Income Inst 12.99%
- Principal Core Fixed Income R6 11.04%
- Principal Investment Grd Corp Actv ETF 10.98%
- Principal Spectrum Pref&Cptl Scs IncR6 8.07%
- Principal Equity Income Inst 7.51%
- Principal Active Income ETF 6.55%
- Principal Inflation Protection Inst 6.42%
- Principal Diversified International R-6 4.69%
- 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
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.023 |
| Feb 28, 2019 | $0.023 |
| Jan 31, 2019 | $0.023 |
| Dec 31, 2018 | $0.080 |
| Nov 30, 2018 | $0.019 |
| Oct 31, 2018 | $0.027 |
| Sep 28, 2018 | $0.024 |
| Aug 31, 2018 | $0.025 |
| Jul 31, 2018 | $0.026 |
| Jun 29, 2018 | $0.023 |
| May 31, 2018 | $0.023 |
| Apr 30, 2018 | $0.023 |
| Mar 29, 2018 | $0.021 |
| Feb 28, 2018 | $0.021 |
| Jan 31, 2018 | $0.021 |
| Dec 29, 2017 | $0.088 |
| Nov 30, 2017 | $0.021 |
| Oct 31, 2017 | $0.019 |
| Sep 29, 2017 | $0.019 |
| Aug 31, 2017 | $0.021 |
| Jul 31, 2017 | $0.021 |
| Jun 30, 2017 | $0.021 |
| May 31, 2017 | $0.022 |
| Apr 28, 2017 | $0.021 |
| Mar 31, 2017 | $0.021 |
| Feb 28, 2017 | $0.021 |
| Jan 31, 2017 | $0.021 |
| Dec 30, 2016 | $0.071 |
| Nov 30, 2016 | $0.026 |
| Oct 31, 2016 | $0.023 |
| Sep 30, 2016 | $0.023 |
| Aug 31, 2016 | $0.022 |
| Jul 29, 2016 | $0.022 |
| Jun 30, 2016 | $0.022 |
| May 31, 2016 | $0.025 |
| Apr 29, 2016 | $0.023 |
| Mar 31, 2016 | $0.021 |
| Feb 29, 2016 | $0.019 |
| Jan 29, 2016 | $0.019 |
| Dec 31, 2015 | $0.079 |
| Nov 30, 2015 | $0.021 |
| Oct 30, 2015 | $0.021 |
| Sep 30, 2015 | $0.020 |
| Aug 31, 2015 | $0.019 |
| Jul 31, 2015 | $0.019 |
| Jun 30, 2015 | $0.019 |
| May 29, 2015 | $0.021 |
| Apr 30, 2015 | $0.021 |
| Mar 31, 2015 | $0.019 |
| Feb 27, 2015 | $0.019 |
| Jan 30, 2015 | $0.020 |
| Dec 31, 2014 | $0.104 |
| Nov 26, 2014 | $0.022 |
| Oct 31, 2014 | $0.022 |
| Sep 30, 2014 | $0.023 |
| Aug 29, 2014 | $0.023 |
| Jul 31, 2014 | $0.023 |
| Jun 30, 2014 | $0.023 |
| May 30, 2014 | $0.023 |
| Apr 30, 2014 | $0.024 |
| Mar 31, 2014 | $0.022 |
| Feb 28, 2014 | $0.017 |
| Jan 31, 2014 | $0.015 |
| Dec 31, 2013 | $0.082 |
| Nov 29, 2013 | $0.021 |
| Oct 31, 2013 | $0.022 |
| Sep 30, 2013 | $0.023 |
| Aug 30, 2013 | $0.022 |
| Jul 31, 2013 | $0.022 |
| Jun 28, 2013 | $0.022 |
| May 31, 2013 | $0.023 |
| Apr 30, 2013 | $0.025 |
| Mar 28, 2013 | $0.025 |
| Feb 28, 2013 | $0.020 |
| Jan 31, 2013 | $0.017 |
| Dec 31, 2012 | $0.089 |
| Nov 30, 2012 | $0.029 |
| Oct 31, 2012 | $0.026 |
| Sep 28, 2012 | $0.025 |
| Aug 31, 2012 | $0.024 |
| Jul 31, 2012 | $0.024 |
| Jun 29, 2012 | $0.026 |
| May 31, 2012 | $0.026 |
| Apr 30, 2012 | $0.025 |
| Mar 30, 2012 | $0.026 |
| Feb 29, 2012 | $0.023 |
| Jan 31, 2012 | $0.024 |
| Dec 30, 2011 | $0.072 |
| Nov 30, 2011 | $0.028 |
| Oct 31, 2011 | $0.027 |
| Sep 30, 2011 | $0.029 |
| Aug 31, 2011 | $0.029 |
| Jul 29, 2011 | $0.029 |
| Jun 30, 2011 | $0.032 |
| May 31, 2011 | $0.027 |
| Apr 29, 2011 | $0.028 |
| Mar 31, 2011 | $0.032 |
| Feb 28, 2011 | $0.024 |
| Jan 31, 2011 | $0.025 |
| Dec 31, 2010 | $0.081 |
| Nov 30, 2010 | $0.035 |
| Oct 29, 2010 | $0.032 |
| Sep 30, 2010 | $0.029 |
| Aug 31, 2010 | $0.025 |
| Jul 30, 2010 | $0.027 |
| Jun 30, 2010 | $0.027 |
| May 28, 2010 | $0.026 |
| Apr 30, 2010 | $0.027 |
| Mar 31, 2010 | $0.084 |
| Dec 31, 2009 | $0.144 |
| Sep 30, 2009 | $0.089 |
| Jun 30, 2009 | $0.099 |
| Mar 31, 2009 | $0.083 |
| Dec 31, 2008 | $0.136 |
| Sep 30, 2008 | $0.096 |
| Jun 30, 2008 | $0.093 |
| Mar 31, 2008 | $0.093 |
| Dec 31, 2007 | $0.184 |
| Sep 28, 2007 | $0.104 |
| Jun 29, 2007 | $0.102 |
| Mar 30, 2007 | $0.101 |
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 |