Principal SAM Flexible Income A (SAUPX - Free Report) a Zacks Rank #2 (Buy) was incepted in March 1993 and is managed by WM Advisors, Inc. SAUPX seeks to provide income and long-term capital preservation, with some added total return and growth potential. SAUPX primarily invests no more than 30% of its net assets in the Equity Funds. SAUPX may invest up to 40% of its assets in each of the Short-term Income, U.S. Government Securities, Income, High Yield and Money Market Funds. The fund may also invest up to 30% of its assets in each of the Equity Income, Growth & Income, West Coast Equity, Growth, Mid Cap Stock and Small Cap Stock Funds.
This fund, as of the last filing, allocates their fund in eight major groups; Intermediate Bond, High Yield Bond, Foreign Bond, Large Growth, Large Value, Emerging Market, Foreign Stock and Small Value.
Principal SAM Flexible Income A, managed by Principal Financial, carries an expense ratio of 0.64%. Moreover, SAUPX requires a minimal initial investment of $1,000.
SAUPX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 7.37%, 3 year 4.40% and 5 year 6.36%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
SAUPX’s performance, as of the last filing, when compared to funds in its category was in the top 52% in 1 year, top 38% over the past 3 years, and in the 53% over the past 5 years.
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