SAM Strategic Growth Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, SAM Strategic Growth Portfolio held 21 positions with $2.56B in net assets. Its ten largest holdings made up 87.7% of the fund. The SACAX share class costs 1.11% a year. Over the 12 months to May 2026, SACAX returned 24.9%, with dividends reinvested. In 2026 Q3 it added 1 new positions and exited 1.
The Fund seeks to provide long-term capital appreciation.
The fund operates as a fund of funds, investing principally in underlying funds and ETFs rather than securities directly, with allocations typically between 75% and 100% in equity funds, less than 20% in specialty funds that employ alternative strategies or hold infrastructure, commodities, and natural resources, and the remainder in fixed-income funds. The fund's asset allocation shifts within predetermined ranges based on the portfolio manager's outlook for economic conditions and market valuations. Because the fund's holdings and weightings are actively adjusted rather than fixed to a benchmark, returns may diverge from any single market index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Principal U.S. Mega-Cap ETF | 14.92% | $382.33M | 5.4M | $70.40 |
PWCIXPrincipal Capital Appreciation Fund | 13.42% | $344.05M | 3.8M | $90.64 |
Equity Income Fund | 11.87% | $304.13M | 6.8M | $44.59 |
PIIMXGlobal Emerging Markets Fund | 11.23% | $287.95M | 7.3M | $39.52 |
PINZXOverseas Fund | 8.12% | $208.04M | 16.4M | $12.65 |
Principal International Equity ETF | 7.81% | $200.17M | 5.7M | $34.97 |
Principal U.S. Small-Cap ETF | 6.22% | $159.33M | 2.5M | $63.32 |
PLVIXLargeCap Value Fund III | 5.46% | $140.05M | 7.6M | $18.52 |
PLFIXLargeCap S&P 500 Index Fund | 5.39% | $138.15M | 4.0M | $34.20 |
PFIEXInternational Equity Index Fund | 3.31% | $84.85M | 5.7M | $14.88 |
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 21 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 | 96.39% |
| Cash & short-term | 2.71% |
| Bonds | 0.91% |
| Derivatives | 0.02% |
| Other | 0.00% |
Look-through blends 20 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
How it has done
SACAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.32%. 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 |
|---|---|---|---|---|---|
| 1.11% | +24.93% | +71.68% | +57.38% | -8.80% | |
| 1.90% | +23.90% | +67.58% | +51.08% | -9.02% | |
| 0.82% | +25.29% | +73.31% | +59.82% | -8.71% | |
| 1.37% | +24.61% | +70.42% | +55.45% | -8.84% | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| 1.06% | +25.00% | +71.94% | +57.87% | -8.79% | |
| 0.98% | +25.09% | +72.43% | +58.53% | -8.77% |
Fees & fund details
SAM Strategic 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
- 0.82% – 1.90%· SACAX 1.11%
- Portfolio turnover
- 44.80% 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.
1 new
1 exited
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