Principal Strategic Asset Management Flexible Income Fund R-5 Class (PFIFX)
| Fund Assets | 2.25B |
| Expense Ratio | 0.94% |
| Min. Investment | $0.00 |
| Turnover | 19.80% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.80% |
| Dividend Growth | 1.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 12.42 |
| YTD Return | 4.80% |
| 1-Year Return | 6.79% |
| 5-Year Return | 18.88% |
| 52-Week Low | 11.62 |
| 52-Week High | 12.45 |
| Beta (5Y) | n/a |
| Holdings | 26 |
| Inception Date | Jan 17, 2007 |
About PFIFX
Principal SAM Flexible Income Portfolio R5 is a multi-asset mutual fund designed to deliver a high level of total return, primarily through income generation and selective capital appreciation. As a Conservative Allocation fund, its core strategy is diversified asset allocation, investing between 55% and 95% of its assets in fixed-income funds and smaller allocations in equity funds to balance growth potential with capital preservation. This approach seeks to deliver steady income while maintaining a lower level of principal risk compared to more aggressive balanced or equity funds. The portfolio leverages underlying investments spanning domestic and international bonds, and to a lesser extent, equities, offering exposure across various sectors and global markets. Its role in the financial market is to serve investors seeking a prudent blend of income and moderate growth, often appealing to those approaching retirement or desiring reduced portfolio volatility. Managed by multiple experienced sub-advisors under Principal Global Investors, the portfolio is structured to adjust its allocations in response to changes in market conditions, aiming for stable performance under diverse economic environments.
Performance
PFIFX had a total return of 6.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTIWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class I | 0.52% |
| FTTNX | Fidelity | Fidelity Advisor Asset Manager 30% - Class M | 1.04% |
| FCANX | Fidelity | Fidelity Advisor Asset Manager 30% - Class C | 1.54% |
| FTAWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class A | 0.77% |
| FIKWX | Fidelity | Fidelity Advisor Asset Manager 30% - Class Z | 0.48% |
Top 10 Holdings
81.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income Fund Class R-6 | PICNX | 30.20% |
| Principal Bond Market Index Institutional Class | PNIIX | 12.38% |
| Principal U.S. Mega-Cap ETF | USMC | 7.43% |
| Principal Inflation Protection Fund Institutional Class | PIPIX | 5.88% |
| Principal Finisterre Emerging Markets Total Return Bond Fund Class Institutional | PFUMX | 5.80% |
| Principal Government & High Quality Bond Fund Institutional Class | PMRIX | 4.32% |
| Principal High Yield Fund Class R-6 | PHYFX | 4.12% |
| Principal Capital Appreciation Fund Institutional Class | PWCIX | 4.08% |
| Principal Equity Income Fund Institutional Class | PEIIX | 3.92% |
| Principal Spectrum Preferred and Capital Securities Income Fund Class R-6 | PPREX | 3.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0201 | Jun 30, 2025 |
| May 30, 2025 | $0.020 | May 30, 2025 |
| Apr 30, 2025 | $0.0204 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0197 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0199 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0196 | Jan 31, 2025 |