Principal Global Multi-Strategy Fund Institutional Class Shares (PSMIX)
| Fund Assets | 443.35M |
| Expense Ratio | 1.70% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.03% |
| Dividend Growth | -50.23% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 11.29 |
| YTD Return | 1.35% |
| 1-Year Return | 4.53% |
| 5-Year Return | 33.13% |
| 52-Week Low | 10.79 |
| 52-Week High | 11.39 |
| Beta (5Y) | 0.29 |
| Holdings | 2132 |
| Inception Date | Oct 24, 2011 |
About PSMIX
PSMIX was founded on 2011-10-24. The Fund's investment strategy focuses on Alt Multi-Strategy with 1.64% total expense ratio. The minimum amount to invest in Principal Funds, Inc: Global Multi-Strategy Fund; Institutional Class Shares is $0 on a standard taxable account. Principal Funds, Inc: Global Multi-Strategy Fund; Institutional Class Shares seeks long-term capital appreciation with emphasis on positive total returns and relatively low volatility. PSMIX allocates into one or more investment strategy that varies from time to time to lessen risk and reduce volatility. PSMIX invests in equities, bonds, currencies, commodity indices & derivatives.
Performance
PSMIX had a total return of 4.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.92%.
Top 10 Holdings
47.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Government Money Market R-6 | PGWXX | 19.55% |
| Future on Euro | n/a | 9.64% |
| CASH & RECEIVABLES | n/a | 3.49% |
| 5 Year Treasury Note Future June 25 | n/a | 2.54% |
| CURRENCY CONTRACT - USD Purchased | n/a | 2.41% |
| RECV LCH INTEREST RATE SW Receive | n/a | 2.37% |
| RECV LCH INTEREST RATE SW Receive | n/a | 2.23% |
| Canada (Government of) 0% | CTB.0 01.03.03 | 2.03% |
| United States Treasury Bills | B.0 04.03.25 | 1.87% |
| CURRENCY CONTRACT - USD Purchased | n/a | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.1776 | Dec 27, 2024 |
| Dec 19, 2024 | $0.0038 | Dec 19, 2024 |
| Dec 27, 2023 | $0.3645 | Dec 27, 2023 |
| Dec 28, 2022 | $0.5983 | Dec 28, 2022 |
| Dec 20, 2022 | $0.6227 | Dec 20, 2022 |
| Dec 29, 2021 | $0.0704 | Dec 29, 2021 |