Principal Global Multi-Strategy Fund Institutional Class Shares (PSMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

12.47

+0.01 (0.08%)

At close: Sep 2, 2026

6.13% (1Y)

Fund Assets	620.01M
Expense Ratio	1.47%
Min. Investment	$0.00
Turnover	138.70%
Dividend (ttm)	0.32
Dividend Yield	2.54%
Dividend Growth	78.43%
Payout Frequency	n/a
Ex-Dividend Date	Dec 29, 2025

Previous Close	12.46
YTD Return	6.95%
1-Year Return	11.91%
5-Year Return	35.01%
52-Week Low	11.65
52-Week High	12.48
Beta (5Y)	0.29
Holdings	3221
Inception Date	Oct 24, 2011

About PSMIX

Principal Global Multi-Strategy Fund Institutional Class is an open-end mutual fund designed to pursue long-term capital appreciation while emphasizing positive total returns and controlled volatility. The fund employs a diversified, alternatives-led approach that blends multiple strategies and managers across global markets, seeking low to modest correlation with traditional asset classes. It invests broadly in equities, fixed income, currencies, commodities, convertible securities, and bank loans, with a mandate to allocate at least 30% of net assets to foreign and emerging markets and maintain exposures tied economically to at least twenty countries. The portfolio is managed by an experienced team and benchmarks its results against the HFRX Global Hedge Fund Index, aligning its objective with multi-strategy alternative peers. Positioned within the Multi-Strategy category, the fund’s role in the market is to provide diversified alternative exposure in a single vehicle, offering institutional investors a consolidated way to access multiple risk premia and tactical allocations aimed at smoothing return patterns through varying market cycles.

Fund Family Principal Funds

Category Multistrategy

Performance Rating Above Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol PSMIX

Share Class Institutional Class

Index Index is not available on Lipper Database

Performance

PSMIX had a total return of 11.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PGLSX	R-6	1.33%
PMSAX	Class A	1.78%

Top 10 Holdings

48.78% of assets

Name	Symbol	Weight
Principal Government Money Market R-6	PGWXX	22.16%
5 Year Treasury Note Future Sept 26	n/a	4.95%
RECV TOTAL RETURN SWAP	n/a	4.20%
Cash Offset	n/a	4.03%
CASH & RECEIVABLES	n/a	3.39%
CURRENCY CONTRACT - USD Purchased	n/a	2.23%
Japan (Government Of) 0%	JTDB.0 07.21.26 1319	2.00%
United States Treasury Bills	B.0 04.15.27	1.96%
United States Treasury Bills	B.0 05.13.27	1.96%
CURRENCY CONTRACT - USD Purchased	n/a	1.91%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.3169	Dec 29, 2025
Dec 18, 2025	$0.3269	Dec 18, 2025
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

Full Dividend History