PSBFX

About PSBFX

Principal SAM Balanced Portfolio R-5 Class is an open-end mutual fund designed to seek a high level of total return by balancing capital appreciation and income generation within a framework of reasonable risk. The portfolio employs a "fund of funds" approach, strategically allocating between 40% and 80% of its assets to underlying equity funds, and 20% to 60% to fixed-income funds, with the flexibility to invest up to 20% in specialty funds. This diversified asset allocation aims to moderate overall price volatility, limit severe losses in any single sector, and capture broad market opportunities. The fund’s performance benchmark is a blend of major indices: 45% Russell 3000 Index, 40% Bloomberg Aggregate Bond Index, and 15% MSCI EAFE Index, reflecting its exposure to U.S. equities, bonds, and international equities. Managed by Principal Global Investors and multiple seasoned portfolio managers, the fund’s structure is well-suited to investors seeking a balanced approach within the Moderate Allocation category, making it a core multi-asset holding within the broader investment landscape.