Principal Global Multi-Strategy A (PMSAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.62
0.00 (0.00%)
Sep 9, 2025, 4:00 PM EDT
Fund Assets429.67M
Expense Ratio2.18%
Min. Investment$1,000
Turnover146.90%
Dividend (ttm)0.13
Dividend Yield1.11%
Dividend Growth-57.57%
Payout Frequencyn/a
Ex-Dividend DateDec 27, 2024
Previous Close11.62
YTD Return6.12%
1-Year Return8.14%
5-Year Return30.72%
52-Week Low10.65
52-Week High11.69
Beta (5Y)n/a
Holdings3102
Inception DateOct 24, 2011

About PMSAX

Principal Global Multi-Strategy Fund Class A is an open-end mutual fund designed to pursue long-term capital appreciation with an emphasis on delivering positive total returns while managing volatility. The fund allocates across a diversified mix of asset classes and instruments—including equities, fixed income, currencies, commodities, convertible securities, bank loans, and derivatives—and typically invests globally with meaningful exposure to foreign and emerging markets. It benchmarks against the HFRX Global Hedge Fund Index, reflecting its alternative, multi-strategy orientation that can incorporate arbitrage, leverage, and long/short techniques. Managed by an experienced team, the portfolio blends multiple underlying strategies and managers to smooth return patterns and reduce dependence on any single market driver. The fund’s structure and toolkit allow it to navigate varying market regimes, seeking risk-managed participation in growth assets while utilizing alternative strategies to moderate drawdowns and dampen overall portfolio volatility. Established in 2011, it targets a broad investor base looking to complement traditional stock and bond holdings with a multi-asset, alternative core that aims for consistency across cycles.

Fund Family Principal Funds
Category Multistrategy
Stock Exchange NASDAQ
Ticker Symbol PMSAX
Share Class Class A
Index Index is not available on Lipper Database

Performance

PMSAX had a total return of 8.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PGLSXR-61.65%
PSMIXInstitutional Class1.70%

Top 10 Holdings

52.56% of assets
NameSymbolWeight
Principal Government Money Market R-6PGWXX18.35%
Future on Euron/a6.16%
Future on 5 Year Treasury Noten/a5.76%
3 Month Sofr Fut Dec26n/a4.98%
CASH & RECEIVABLESn/a3.88%
Korea 3Yr Bnd Fut Sep25n/a3.19%
Short Euro-Btp Fu Sep25n/a2.82%
Euro Future June 26n/a2.56%
Canada (Government of) 0%CTB.0 03.25.042.44%
CURRENCY CONTRACT - USD Purchasedn/a2.44%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$0.1298Dec 27, 2024
Dec 19, 2024$0.0038Dec 19, 2024
Dec 27, 2023$0.3149Dec 27, 2023
Dec 28, 2022$0.5536Dec 28, 2022
Dec 20, 2022$0.6227Dec 20, 2022
Dec 29, 2021$0.0162Dec 29, 2021
Full Dividend History