Principal Strategic Asset Management Balanced Portfolio R-3 Class (PBAPX)
| Fund Assets | 4.78B |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 17.30% |
| Dividend (ttm) | 1.73 |
| Dividend Yield | 10.62% |
| Dividend Growth | 62.66% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 16.28 |
| YTD Return | 2.45% |
| 1-Year Return | 13.06% |
| 5-Year Return | 40.14% |
| 52-Week Low | 13.04 |
| 52-Week High | 16.39 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Jan 17, 2007 |
About PBAPX
Principal SAM Balanced Portfolio R-3 is a **mutual fund** designed to provide a balance between capital appreciation and income by maintaining a diversified mix of equity and fixed income investments. The portfolio targets an allocation of approximately 60% equities and 40% fixed income, offering moderate risk and return characteristics within the strategic asset management suite. Its primary function is to serve investors seeking diversified exposure across various asset classes while aiming for long-term growth potential combined with income generation. This fund operates as a fund of funds, investing in a selection of underlying Principal mutual funds across equity, fixed income, and specialty asset classes. It employs an active, disciplined investment process that systematically adapts to changing market and economic conditions through strategic asset allocation and risk management. The portfolio spans up to 28 distinct asset classes, ensuring broad diversification across U.S. and international markets, sectors, and issuers. Principal SAM Balanced Portfolio R-3 plays a significant role in the financial market as a core moderate allocation solution, suitable for retirement plans and diversified investment accounts seeking a smoother return profile than more aggressive equity-heavy portfolios.
Performance
PBAPX had a total return of 13.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.42%.
Top 10 Holdings
68.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal U.S. Mega-Cap ETF | USMC | 12.19% |
| Principal Core Fixed Income Fund Class R-6 | PICNX | 12.06% |
| Principal Capital Appreciation Fund Institutional Class | PWCIX | 8.62% |
| Principal International Equity Index Fund R6 | PFIEX | 6.17% |
| Principal Equity Income Fund Institutional Class | PEIIX | 5.88% |
| Principal International Equity ETF | PIEQ | 5.76% |
| Principal Overseas Fund Institutional Class | PINZX | 5.05% |
| Principal Bond Market Index Institutional Class | PNIIX | 4.44% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 4.30% |
| Principal High Yield Fund Class R-6 | PHYFX | 4.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.2076 | Dec 31, 2025 |
| Dec 18, 2025 | $1.4367 | Dec 18, 2025 |
| Sep 30, 2025 | $0.0357 | Sep 30, 2025 |
| Jun 30, 2025 | $0.030 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0196 | Mar 31, 2025 |
| Dec 31, 2024 | $0.1774 | Dec 31, 2024 |