Singapore markets open in 5 hours 29 minutes

Principal Strategic Asset Management Flexible Income Fund R-2 Class (PFIVX)

Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
12.91+0.10 (+0.78%)
As of 09:00PM EDT. Market open.

Principal Strategic Asset Management Flexible Income Fund R-2 Class

Principal Financial Group

711 High Street

Des Moines, IA 50392

800-222-5852
Management information
Gregory L. Tornga,Lead manager since 1 October 2017
Greg is head of fixed income at Edge Asset Management (EDGE) and also serves as a portfolio manager. He joined EDGE in 2011 and has been in the investment industry since 2002. Previously, Greg was a senior vice president for Payden & Rygel Investment Management in Los Angeles, where he served as the Head of Investment Grade Credit Strategy. He received an MBA from the Argyros School of Business & Economics at Chapman University, and a Bachelor's degree from the University of Michigan. Mr. Tornga has earned the right to use the Chartered Financial Analyst Designation.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
https://s.yimg.com/lq/i/fi/3_0stylelargeeq2.gif
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryAllocation--15% to 30% Equity
Fund familyPrincipal Funds
Net assets2.84B
YTD return0.49%
Yield1.46%
Morningstar rating★★★
Inception date15 Jan 2007

Fund operations

Last dividend0.01
Last cap gain0.00
Holdings turnover35.90%
Average for categoryN/A

Fees and expenses

ExpensePFIVXCategory average
Annual report expense ratio (net)1.54%0.64%
Prospectus net expense ratio1.54%N/A
Prospectus gross expense ratio1.54%N/A
Max 12b1 fee0.30%N/A
Max front end sales loadN/A4.56%
Max deferred sales loadN/A1.00%
3-yr expense projection486N/A
5-yr expense projection839N/A
10-yr expense projection1,834N/A