PSMIX Mutual Fund

NAV$12.40

Fund Essentials - as of Feb 28, 2026

Net Assets
$420M
Expense Ratio
1.47%
Dividend Yield (Current)
5.26%
Holdings
2,880
Inception Date
Oct 24, 2011
Fund Family
Principal Funds
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD+4.79%
1 Year+12.52%
3 Year+9.20%
5 Year+5.99%
10 Year+5.17%

Asset Allocation

Stocks: 39.42%
Bonds: 33.06%
Other: 27.51%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
PGWXXPrincipal Funds, Inc - Government Money Market Fund - Class R-620.41%
-U.S. Treasury 3.75% 11/30/20322.34%
-Total Return Swaps1.08%
-Verus Securitization Trust, Series 2026-2, Class A1, 4.59% 2/25/20710.90%
FLOTIshares Floating Rate Bond ETF0.89%
Top 10 Concentration: 29.51%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
5.26%
Frequency
Annually
Latest Distribution
$0.07
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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PSMIX Mutual Fund Overview

PSMIX Mutual Fund (Principal Global Multi-Strategy Fund Institutional Class) is managed by Principal Funds with $419.9M in net assets. PSMIX expense ratio is 1.47%, holding 2880 positions across sectors including Unknown, Other, Financials. Inception date: 2011-10-24.

PSMIX performance shows a YTD return of 4.79%. The 1-year return is 12.52% and the 5-year return is 5.99%. PSMIX dividend yield stands at 5.26%, paid annually.

PSMIX top holdings include Principal Funds, Inc - Government Money Market Fund - Class R-6 (20.4%), U.S. Treasury 3.75% 11/30/2032 (2.3%), Total Return Swaps (1.1%), Verus Securitization Trust, Series 2026-2, Class A1, 4.59% 2/25/2071 (0.9%), Ishares Floating Rate Bond ETF (0.9%). View all PSMIX holdings, sector breakdown, or dividend history.

PSMIX can be compared against other funds using the overlap calculator or side-by-side comparison tool. PSMIX alternatives are available via the screener, along with tax-loss harvesting opportunities.