PIFIX – Principal SAM Flexible Income Inst Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a high level of total return (consisting of reinvestment of income with some capital appreciation). The Portfolios operate as funds of funds and invest principally in funds and exchange-traded funds ("ETFs") of Principal Funds, Inc. and Principal Exchange-Traded Funds ("underlying funds"). It generally invests: between 55% and 95% of its assets in fixed-income funds, and less than 40% in any one fixed-income fund; between 5% and 45% of its assets in equity funds, and less than 30% in any one equity fund; less than 20% of its assets in specialty funds, and less than 20% in any one specialty fund.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PIFIX	Principal Strategic Asset Management Flexible Income Fund Institutional Class	Institutional	Open			Jan 16, 2007	$188.27M	0.730%	Average	$0	−$3.07M
SAUPX	Principal Strategic Asset Management Flexible Income Fund Class A	Front Load	Open			Jul 25, 1996	$794.66M	1.000%	Average	$1,000	−$88.56M
SCUPX	Principal Strategic Asset Management Flexible Income Fund Class C	Level Load	Open			Mar 1, 2002	$40.63M	1.790%	Above Average	$1,000	−$13.75M
PFIFX	Principal Strategic Asset Management Flexible Income Fund R-5 Class	Retirement, Large	Open			Jan 16, 2007	$6.89M	0.950%	High	$0	−$2.56M
PFIJX	Principal Strategic Asset Management Flexible Income Fund Class J	Retirement, Medium	Open			Jan 16, 2007	$1.03B	0.850%	Below Average	$1,000	−$104.98M
PFIPX	Principal Strategic Asset Management Flexible Income Fund R-3 Class	Retirement, Medium	Open			Jan 16, 2007	$2.53M	1.260%	Above Average	$0	−$55,204.39

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