SCBPX

SAM Balanced Portfolio

Share class
Copy URL
Prospectus

    SAM Balanced Portfolio

    Fund details

    as of 12/11/2025 unless indicated otherwise
    Fund ticker
    SCBPX
    CUSIP
    74254V521
    Benchmark
    SAM Balanced Blended Index
    Extended performance inception date
    07/25/1996
    NAV
    $17.67
    Total fund assets
    $4.79B
    Dividend frequency
    Quarterly
    Minimum investment
    $1,000.00
    Inception date
    03/01/2002
    Morningstar category
    Global Moderate Allocation
    Investment approach
    The investment seeks to provide as high a level of total return (consisting of reinvested income and capital appreciation) as is consistent with reasonable risk. The fund operates as funds of funds and generally invests: between 20% and 60% of its assets in fixed-income funds, and less than 40% in any one fixed-income fund; between 40% and 80% of its assets in equity funds, and less than 30% in any one equity fund; and less than 20% of its assets in specialty funds, and less than 20% in any one specialty fund.

    Performance & expenses

    As of 11/30/2025
    Name 1 month 3 month YTD 1-year 3-year 5-year 10-year Since inception Overall
    Excluding sales charge 0.57% 3.49% 12.33% 8.99% 11.51% 6.63% 6.97% 6.95% —
    Including sales charge -0.43% 2.49% 11.33% 7.99% 11.51% 6.63% 6.97% 6.95% —
    Benchmark performance
    SAM Balanced Blended Index
    		 0.47% 4.18% 14.82% 12.10% 13.12% 7.66% 8.43% — —
    Morningstar category average
    Global Moderate Allocation
    		 0.91% 4.19% 15.31% 11.96% 11.06% 7.13% 6.74% — —
    Morningstar percentile rankings — — — 86 44 54 51 — —
    # of funds in category 419 418 417 415 410 397 322 — 410
    Morningstar rating — — — — —
    Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
    Returns shown for periods of less than one year are not annualized.
    Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.

    Ratings

    Morningstar ratings

    as of 11/30/2025
    3-year
    410 funds
    5-year
    397 funds
    10-year
    322 funds
    Overall
    410 funds
    3 year | 410 funds
    5 year | 397 funds
    10 year | 322 funds
    Overall | 410 funds

    Holdings

    Top 10

    as of 10/31/2025
    % of Assets
    % of Assets
    1. Core Fixed Income Fund
    12.29%
    2. Principal U.S. Mega-Cap ETF
    12.25%
    3. Principal Capital Appreciation
    9.85%
    4. Equity Income Fund
    7.17%
    5. Bond Market Index Fund
    5.92%
    6. Principal International Equity
    5.65%
    7. Overseas Fund
    4.97%
    8. Global Emerging Markets Fund
    4.38%
    9. High Yield Fund
    4.28%
    10. Principal U.S. Small-Cap ETF
    3.49%
    The holdings listed do not constitute a recommendation to purchase or sell a particular security. Cash and/or derivative positions that are not part of the core investment strategy will not be reflected in the top holdings list.
    May not reflect current holdings or allocations.

    Portfolio characteristics

    # of holdings
    as of 11/30/2025
    10,868
    Turnover ratio
    as of 04/30/2025
    35.40%
    R-squared (3-year)
    as of 11/30/2025
    —
    Sharpe ratio (3-year)
    as of 11/30/2025
    —
    Standard deviation (3-year)
    as of 11/30/2025
    —
    Tracking error (3-year)
    as of 11/30/2025
    —
    May not reflect current holdings or allocations.

    Portfolio management

    Brody Dass, CFA
    12 years of experience
    Todd Jablonski, CFA
    27 years of experience
    Yesim Tokat-Acikel
    23 years of experience

    Literature

    Investment materials

    Portfolio holdings

    Disclosures
    Principal Funds are distributed by Principal Funds Distributor, Inc. ALPS Distributors, Inc. is the distributor of the Principal ETFs. ALPS Distributors, Inc. and the Principal Funds are not affiliated.
    The holdings listed do not constitute a recommendation to purchase or sell a particular security. Cash and/or derivative positions that are not part of the core investment strategy will not be reflected in the top holdings list.
    NOT FDIC INSURED - MAY LOSE VALUE - NO BANK GUARANTEE
    Asset allocation and diversification does not ensure a profit or protect against a loss. Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investments are subject to interest rate risk; as interest rates rise their value will decline. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards. These risks are magnified in emerging markets. Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.
    Morningstar percentile rankings are based on total returns and do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.
    Performance assumes reinvestment of all dividends and capital gains.
    Asset allocation and diversification does not ensure a profit or protect against a loss. Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investments are subject to interest rate risk; as interest rates rise their value will decline. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards.
    Principal Global Investors is the Investment Adviser of all funds included in the Principal Funds, Inc. Principal Funds are managed by Principal Global Investors, its boutique affiliates, and by many leading sub-advisors.
    To obtain a prospectus, download prospectus online or call Customer Service at 1-800-222-5852 . Carefully consider a fund’s objectives, risks, charges, and expenses. The prospectus, or summary prospectus if available, contains this and other information. Please read it carefully before investing.
    SAM Balanced Blended Index is composed of 15% MSCI EAFE Index, 45% Russell 3000 Index and 40% Bloomberg Aggregate Bond Index.
    © 2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
    The Morningstar Medalist Rating™ is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Investment products are evaluated on three key pillars (People, Parent, and Process) which, when coupled with a fee assessment, forms the basis for Morningstar’s conviction in those products’ investment merits and determines the Medalist Rating they’re assigned. Pillar ratings take the form of Low, Below Average, Average, Above Average, and High. Pillars may be evaluated via an analyst’s qualitative assessment (either directly to a vehicle the analyst covers or indirectly when the pillar ratings of a covered vehicle are mapped to a related uncovered vehicle) or using algorithmic techniques. Vehicles are sorted by their expected performance into rating groups defined by their Morningstar Category and their active or passive status. When analysts directly cover a vehicle, they assign the three pillar ratings based on their qualitative assessment, subject to the oversight of the Analyst Rating Committee, and monitor and reevaluate them at least every 14 months. When the vehicles are covered either indirectly by analysts or by algorithm, the ratings are assigned monthly. For more detailed information about these ratings, including their methodology, please go to https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx .
    The Morningstar Medalist Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) are not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involve the risk that the return target will not be met due to such things as unforeseen changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rate, tax rates, exchange rate changes, and/or changes in political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment product. A change in the fundamental factors underlying the Morningstar Medalist Rating can mean that the rating is subsequently no longer accurate.
    The Analyst-Driven % data point displays the weighted percentage of a vehicle’s pillar ratings assigned directly or indirectly by analysts.
    The Data Coverage % data point is a summary metric describing the level of data completeness used to generate the overall rating.
    These calculated returns reflect the historical performance of the oldest share class of the Fund, adjusted to reflect the fees and expenses of the share class shown. Please see the Fund's prospectus for more information on specific expenses and see the Fund's most recent shareholder report for the actual date of first sale. Expenses are deducted from income earned by the Fund. As a result, dividends and investment results will differ for each share class.