About PSWIX
Principal Strategic Asset Management Strategic Growth Fund Institutional Class is a diversified mutual fund that operates as a fund of funds, primarily focused on achieving long-term capital appreciation. The fund allocates a significant portion—typically between 75% and 100%—of its assets to underlying equity funds, with less than 50% invested in any single equity fund. It also includes exposure to specialty funds, encompassing areas such as infrastructure, commodities, currencies, and natural resources, providing additional diversification beyond traditional equity investments.
The fund is classified in the aggressive allocation category, indicating its pursuit of higher capital growth through greater equity exposure and commensurate risk. Portfolio management is led by an experienced team and leverages a multi-manager approach, investing across domestic and international markets, including large-cap, mid-cap, and emerging markets. With over $2 billion in assets, the fund plays a noteworthy role for investors seeking a professionally managed, all-in-one growth-oriented vehicle that integrates a broad range of equity sectors and sophisticated diversification strategies within a single offering.
Fund Family Principal Funds
Category Allocation--85%+ Equity
Performance Rating High
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PSWIX
Share Class Institutional Class
Index Russell 3000 TR
PSWIX had a total return of 14.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.60%.
