SAM Conservative Growth Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, SAM Conservative Growth Portfolio held 27 positions with $3.47B in net assets. Its ten largest holdings made up 76.9% of the fund. The SAGPX share class costs 1.08% a year. Over the 12 months to May 2026, SAGPX returned 22.3%, with dividends reinvested. In 2026 Q3 it added 2 new positions and exited 2.
The Fund seeks to provide long-term capital appreciation.
The fund is a fund of funds that invests in a diversified portfolio of Principal mutual funds and exchange-traded funds, allocating assets among fixed-income, equity, and specialty funds based on the portfolio manager's outlook for economic conditions and market valuations. The fund typically holds 60% to 100% in equity funds, up to 40% in fixed-income funds, and less than 20% in specialty funds that may employ alternative strategies or hold infrastructure, commodities, and natural resources. Because the fund's returns depend on the performance of the underlying funds it selects and holds, divergence from the fund's stated allocation targets may occur if the underlying funds perform differently than anticipated.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Principal U.S. Mega-Cap ETF | 14.39% | $500.08M | 7.1M | $70.40 |
PWCIXPrincipal Capital Appreciation Fund | 11.62% | $403.78M | 4.5M | $90.64 |
PIIMXGlobal Emerging Markets Fund | 8.07% | $280.28M | 7.1M | $39.52 |
Equity Income Fund | 7.50% | $260.64M | 5.8M | $44.59 |
Principal International Equity ETF | 7.45% | $258.92M | 7.4M | $34.97 |
PINZXOverseas Fund | 6.93% | $240.97M | 19.0M | $12.65 |
PLVIXLargeCap Value Fund III | 5.40% | $187.77M | 10.1M | $18.52 |
Principal U.S. Small-Cap ETF | 5.32% | $184.68M | 2.9M | $63.32 |
PLFIXLargeCap S&P 500 Index Fund | 5.16% | $179.17M | 5.2M | $34.20 |
PICNXCore Fixed Income Fund | 5.01% | $174.19M | 20.2M | $8.62 |
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.
All 27 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 84.58% |
| Bonds | 9.85% |
| Cash & short-term | 3.07% |
| Securitized | 2.34% |
| 2 smaller | 0.09% |
| Derivatives | -0.00% |
Look-through blends 26 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.
How it has done
SAGPX share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.03%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 8 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.08% | +22.30% | +62.83% | +49.09% | -8.14% | |
| 1.85% | +21.38% | +59.14% | +43.51% | -8.26% | |
| 0.79% | +22.73% | +64.36% | +51.48% | -7.99% | |
| — | — | — | — | — | |
| 1.03% | +22.40% | +63.16% | +49.67% | -8.13% | |
| 0.94% | +22.50% | +63.65% | +50.34% | -8.05% | |
| 1.34% | +22.02% | +61.64% | +47.32% | -8.11% | |
| — | — | — | — | — |
Fees & fund details
SAM Conservative Growth 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
- Expense ratio, by class
- 0.79% – 1.85%· SAGPX 1.08%
- Portfolio turnover
- 41.90% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
2 new
2 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — SAGPX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”