About PFIJX
Principal Strategic Asset Management Flexible Income Fund Class J is a mutual fund designed to deliver a high level of total return, combining income reinvestment with some capital appreciation. As a fund of funds, it allocates assets across a diverse mix of underlying Principal funds, with a primary emphasis on fixed income—more than 75% of its holdings focus on core bonds, inflation-protected securities, government bonds, and high-yield fixed income. The fund also strategically includes allocations to domestic and international equities and alternative assets, seeking to diversify risk and enhance return potential. Its asset allocation is intended to provide investors with a flexible approach to income generation across changing market environments, balancing exposure between interest rate, credit, and equity market risks. Principal Strategic Asset Management Flexible Income Fund Class J plays a role as a core holding for investors seeking diversified, actively managed exposure to both income and moderate growth across multiple sectors and geographies.
Fund Family Principal Funds
Category Allocation--15% to 30% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PFIJX
Share Class Class J
Index Bloomberg U.S. Aggregate Bond TR
PFIJX had a total return of 3.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.23%.
