Morningstar

Principal Strategic Asset Management Flexible Income Fund R-3 Class PFIPX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 12.63  /  +0.16 %
  • Total Assets 2.1B
  • Adj. Expense Ratio
    1.260%
  • Expense Ratio 0.850%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Global Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.68%
  • Turnover 24%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:14 AM GMT+0

Morningstar’s Analysis PFIPX

Will PFIPX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFIPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PFIPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PFIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal SAM Flexible Income R3 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PFIPX

More PFIPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 75.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Core Fixed Income R6

26.69 568M
—

Principal Finisterre EmMkts TR Bd Instl

9.31 198M
—

Principal International Bond R-6

7.56 161M
—

Principal US Mega-Cap ETF

6.10 130M
—

Principal Bond Market Index Instl

5.92 126M
—

Principal Short-Term Income Inst

5.58 119M
—

Principal Inflation Protection Inst

4.84 103M
—

Principal Equity Income Inst

3.51 75M
—

Principal High Yield R-6

2.93 62M
—

Principal Spectrum Pref Secs Actv ETF

2.79 59M
—

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