Principal Strategic Asset Management Balanced Portfolio Class J (PSAJX)
| Fund Assets | 4.78B |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000 |
| Turnover | 17.30% |
| Dividend (ttm) | 1.79 |
| Dividend Yield | 11.67% |
| Dividend Growth | 59.36% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 15.38 |
| YTD Return | -1.16% |
| 1-Year Return | 12.83% |
| 5-Year Return | 41.19% |
| 52-Week Low | 14.13 |
| 52-Week High | 17.26 |
| Beta (5Y) | n/a |
| Holdings | 38 |
| Inception Date | Jan 17, 2007 |
About PSAJX
Principal Strategic Asset Management Balanced Portfolio Class J is a mutual fund designed to seek a high level of total return by balancing income and capital appreciation with reasonable risk. Structured as a fund of funds, it allocates its assets across both equity and fixed-income investments, typically maintaining between 20% and 60% in fixed-income funds and 40% to 80% in equity funds, with strict caps on exposure to any single fund category. This moderate allocation approach aims to diversify risk while offering exposure to major market sectors, including U.S. and international equities as well as core bond markets. The fund serves investors seeking a diversified portfolio with a blend of growth and income and is managed by Principal Global Investors with input from various sub-advisers. Its performance is benchmarked against a blended index composed of U.S. and international equity as well as U.S. aggregate bond indices, reflecting its comprehensive asset allocation strategy. The fund is suitable for retirement and medium-term investors looking for balanced exposure to stocks and bonds within a single, professionally managed portfolio.
Performance
PSAJX had a total return of 12.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.58%.
Top 10 Holdings
68.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income Fund Class R-6 | PICNX | 11.78% |
| Principal U.S. Mega-Cap ETF | USMC | 10.62% |
| Principal Capital Appreciation Fund Institutional Class | PWCIX | 8.51% |
| Principal Equity Income Fund Institutional Class | PEIIX | 6.99% |
| Principal International Equity Index Fund R6 | PFIEX | 6.06% |
| Principal International Equity ETF | PIEQ | 6.06% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 5.39% |
| Principal Overseas Fund Institutional Class | PINZX | 5.35% |
| Principal Bond Market Index Institutional Class | PNIIX | 4.30% |
| Principal U.S. Small-Cap ETF | PSC | 3.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.039 | Mar 31, 2026 |
| Dec 31, 2025 | $0.2221 | Dec 31, 2025 |
| Dec 18, 2025 | $1.4367 | Dec 18, 2025 |
| Sep 30, 2025 | $0.0535 | Sep 30, 2025 |
| Jun 30, 2025 | $0.046 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0364 | Mar 31, 2025 |