Principal Strategic Asset Management Flexible Income Fund Class A (SAUPX)

Fund Assets	2.24B
Expense Ratio	1.00%
Min. Investment	$1,000
Turnover	19.80%
Dividend (ttm)	0.37
Dividend Yield	2.86%
Dividend Growth	9.48%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	13.09
YTD Return	4.26%
1-Year Return	7.41%
5-Year Return	15.54%
52-Week Low	12.49
52-Week High	13.09
Beta (5Y)	0.35
Holdings	34
Inception Date	Jul 24, 1996

About SAUPX

The Principal Strategic Asset Management Flexible Income Fund Class A is an allocation mutual fund designed to deliver a high level of total return, combining income generation with some potential for capital appreciation. Its primary strategy is to create a balanced portfolio by investing predominantly in a mix of fixed-income and equity securities, specifically targeting an allocation of 15% to 30% in equities with the majority in bonds, providing diversification across asset classes. The fund aims to reinvest income and offers monthly dividend payouts, which distinguishes it among income-focused funds. Managed by an experienced team at Principal Investors, the fund leverages a broadly diversified blend, referencing a custom index comprising the Bloomberg U.S. Aggregate Bond Index, Russell 3000 Index, and MSCI EAFE Index. With a history dating back to its inception in 1996, the fund plays a significant role for investors seeking a flexible, actively managed solution to meet income needs while maintaining exposure to growth through equities within risk-managed parameters. Its asset base and regular distribution schedule highlight its importance in the multi-asset allocation segment of the mutual fund market.

• Fund Family: Principal Funds
• Category: Mix Tgt Alloc Con
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SAUPX
• Share Class: Class A
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

SAUPX had a total return of 7.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.88%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTIWX	Fidelity	Fidelity Advisor Asset Manager 20% I	0.51%
FTTNX	Fidelity	Fidelity Advisor Asset Manager 30% - Class M	1.02%
FCANX	Fidelity	Fidelity Advisor Asset Manager 30% - Class C	1.52%
FTAWX	Fidelity	Fidelity Advisor Asset Manager 20% A	0.76%
FIKWX	Fidelity	Fidelity Advisor Asset Manager 30% Z	0.47%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PIFIX	Institutional Class	0.73%
PFIJX	Class J	0.85%
PFIFX	R-5	0.95%
PFIPX	R-3	1.26%

Top 10 Holdings

75.72% of assets

Name	Symbol	Weight
Principal Core Fixed Income R6	PICNX	27.22%
Principal Finisterre Emerging Markets Total Return Bond Fund Class Institutional	PFUMX	9.52%
Principal Government Money Market R-6	PGWXX	6.71%
Principal Bond Market Index Institutional Class	PNIIX	5.89%
Principal U.S. Mega-Cap ETF	USMC	5.83%
Principal Short-Term Income Fund Institutional Class	PSHIX	5.65%
Principal Inflation Protection Fund Institutional Class	PIPIX	4.94%
Principal Government & High Quality Bond Fund Institutional Class	PMRIX	3.49%
Principal Equity Income Fund Institutional Class	PEIIX	3.44%
Principal High Yield R-6	PHYFX	3.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0181	Jul 31, 2026
Jun 30, 2026	$0.0211	Jun 30, 2026
May 29, 2026	$0.022	May 29, 2026
Apr 30, 2026	$0.0246	Apr 30, 2026
Mar 31, 2026	$0.0248	Mar 31, 2026
Feb 27, 2026	$0.0236	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error