Principal SAM Strategic Growth A (SACAX)
| Fund Assets | 2.40B |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000 |
| Turnover | 18.20% |
| Dividend (ttm) | 1.60 |
| Dividend Yield | 6.07% |
| Dividend Growth | 570.97% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 24.89 |
| YTD Return | 11.58% |
| 1-Year Return | 21.91% |
| 5-Year Return | 82.90% |
| 52-Week Low | 19.71 |
| 52-Week High | 24.93 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Jul 24, 1996 |
About SACAX
Principal SAM Strategic Growth Fund Class A is an aggressive allocation mutual fund managed by Principal Asset Management, aiming primarily for long-term capital appreciation. Established in 1996, the fund operates as a fund-of-funds, meaning it invests predominantly in a carefully selected mix of other equity and specialty mutual funds rather than individual securities. Typically, between 75% and 100% of its assets are allocated to equity funds, with a smaller portion potentially dedicated to sector-specific or specialty strategies such as infrastructure, commodities, and international markets. This structure provides investors with broad diversification across domestic and global equities, supplemented by exposure to alternative assets designed to enhance returns and manage risk. The fund is positioned within the aggressive allocation category, attracting investors with a higher risk tolerance seeking capital growth. Its holdings are regularly rebalanced by a team of experienced portfolio managers to respond to evolving market conditions, making it a prominent choice for those seeking exposure to an actively managed, growth-oriented investment vehicle within the mutual fund universe.
Performance
SACAX had a total return of 21.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.11%.
Top 10 Holdings
82.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal U.S. Mega-Cap ETF | USMC | 15.24% |
| Principal Capital Appreciation Inst | PWCIX | 15.13% |
| Principal Equity Income Fund | PEIIX | 10.89% |
| Principal Large Cap Value III Inst | PLVIX | 8.83% |
| Principal LargeCap Growth I R6 | PLCGX | 7.01% |
| Principal International Equity ETF | PIEQ | 6.17% |
| Principal Blue Chip R6 | PGBHX | 5.66% |
| Principal Overseas Instl | PINZX | 4.92% |
| Principal MidCap R6 | PMAQX | 4.40% |
| Principal Glb Emerging Markets R6 | PIIMX | 4.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.2126 | Dec 31, 2024 |
| Dec 19, 2024 | $1.3843 | Dec 19, 2024 |
| Dec 29, 2023 | $0.174 | Dec 29, 2023 |
| Dec 20, 2023 | $0.064 | Dec 20, 2023 |
| Dec 30, 2022 | $0.126 | Dec 30, 2022 |
| Dec 20, 2022 | $1.4622 | Dec 20, 2022 |