SAM Balanced Portfolio
Principal Funds, Inc · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
SAM Balanced Portfolio is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2026 Q1
The Fund seeks to provide as high a level of total return (consisting of reinvested income and capital appreciation) as is consistent with reasonable risk.
The fund operates as a fund of funds, investing in a diversified portfolio of Principal mutual funds and exchange-traded funds categorized as fixed-income, equity, or specialty funds. The manager allocates assets across these Underlying Funds within predetermined ranges—typically 20% to 60% in fixed-income funds, 40% to 80% in equity funds, and less than 20% in specialty funds—based on its outlook for economic and market conditions. Because the fund's returns depend on the performance of the Underlying Funds selected and held, performance will reflect the results of those funds' managers and strategies.
| Share class | Expense ratio |
|---|---|
| SABPX | 1.05% |
| SCBPX | 1.82% |
| PSBIX | 0.75% |
| PBAPX | 1.31% |
| PSBFX | 1.00% |
| PSAJX | 0.91% |
Portfolio turnover 44.70% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 67.34% |
| Bonds | 21.39% |
| Securitized | 6.09% |
| Cash & short-term | 4.78% |
| 2 smaller | 0.18% |
| Derivatives | -0.05% |
Look-through blends 27 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Latest quarter
What changed since the fund's previous filing
Exited: MidCap Fund
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +19.48% | +46.20% | +36.36% | 8.52% | -7.09% | |
| +18.54% | +42.89% | +31.25% | 8.51% | -7.28% | |
| +19.83% | +47.53% | +38.46% | 8.56% | -7.04% | |
| +19.13% | +45.04% | +34.62% | 8.45% | -7.21% | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| +19.60% | +46.55% | +36.85% | 8.47% | -7.04% | |
| +19.63% | +46.92% | +37.46% | 8.53% | -7.05% |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| PICNX | Core Fixed Income FundPICNX | 11.56% | $8.62 | $560.19M | 65.0M |
| — | Principal U.S. Mega-Cap ETF | 11.00% | $70.40 | $532.95M | 7.6M |
| PWCIX | Principal Capital Appreciation FundPWCIX | 8.60% | $90.64 | $416.86M | 4.6M |
| — | Equity Income Fund | 7.39% | $44.59 | $358.12M | 8.0M |
| — | Principal International Equity ETF | 6.11% | $34.97 | $296.03M | 8.5M |
| PIIMX | Global Emerging Markets FundPIIMX | 5.99% | $39.52 | $290.27M | 7.3M |
| PINZX | Overseas FundPINZX | 5.04% | $12.65 | $244.07M | 19.3M |
| PLFIX | LargeCap S&P 500 Index FundPLFIX | 4.47% | $34.20 | $216.58M | 6.3M |
| PNIIX | Bond Market Index FundPNIIX | 4.38% | $8.55 | $212.16M | 24.8M |
| — | Principal U.S. Small-Cap ETF | 4.09% | $63.32 | $198.16M | 3.1M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 68.61% of net assets, top 25 98.49%, across 29 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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