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Morningstar

Principal SAM Flexible Income Inst PIFIX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 10.95  /  0.37 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    0.790%
  • Expense Ratio 0.790%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 2.55%
  • Turnover 57%

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:24 PM GMT+0

Morningstar’s Analysis PIFIX

Will PIFIX outperform in 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 PIFIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PIFIX 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 PIFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Principal SAM Flexible Income Inst to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings PIFIX

More PIFIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 23
  • % Assets in Top 10 Holdings 84.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Core Fixed Income R6

29.20
705,223,456
—

Principal Bond Market Index Instl

21.42
517,432,928
—

Principal Short-Term Income Inst

6.12
147,897,686
—

Principal Inflation Protection Inst

4.64
112,171,119
—

Principal Government & High Qual Bd Inst

4.36
105,209,750
—

Principal Spectrum Pref&Cptl Scs IncR6

4.07
98,309,042
—

Principal US Mega-Cap ETF

4.00
96,709,275
—

Principal Capital Appreciation Inst

3.80
91,760,283
—

Principal High Yield R-6

3.32
80,111,508
—

Principal Equity Income Inst

3.28
79,123,189
—