Principal Strategic Asset Management Balanced Portfolio

Shareclass

Principal SAM Balanced J (PSAJX)

Type

Open-end mutual fund

Manager

Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments

8.3%

INVESTED IN DEFORESTATION-RISK COMPANIES

AGRIBUSINESS

deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy

BANKS AND LENDERS

that finance deforestation-risk agribusiness producers via lending and underwriting

MAJOR CONSUMER BRANDS

that use deforestation-risk agribusiness commodities in products

189

holdings flagged

7.92%

of assets flagged

This fund contains

$385.27 MILLION invested

in holdings flagged for deforestation risk

Take action

Commodity producers

28 holdings

0.18% of assets

$8.97 MILLION invested

Banks and lenders

54 holdings

2.41% of assets

$117.1 MILLION invested

Major consumer brands

118 holdings

5.4% of assets

$262.72 MILLION invested

Commodity producers

28 HOLDINGS

Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.

28 HOLDINGS

% of portfolio
$ invested
1. Suzano SA
0.03%0.03% of portfolio
$1.59M$1.59M invested
2. Mondi PLC
0.03%0.03% of portfolio
$1.32M$1.32M invested
3. WH Group Ltd Shs Unitary 144A/Reg S
0.02%0.02% of portfolio
$1.07M$1.07M invested
4. International Paper Co
0.02%0.02% of portfolio
$880,692$880,692 invested
5. Stora Enso Oyj Class R
0.02%0.02% of portfolio
$826,202$826,202 invested

View next 5

Banks and lenders

54 HOLDINGS

Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

54 HOLDINGS

% of portfolio
$ invested
1. JPMorgan Chase & Co
1.04%1.04% of portfolio
$50.36M$50.36M invested
2. Bank of America Corp
0.53%0.53% of portfolio
$26M$26M invested
3. Morgan Stanley
0.3%0.3% of portfolio
$14.61M$14.61M invested
4. Citigroup Inc
0.09%0.09% of portfolio
$4.4M$4.4M invested
5. BNP Paribas Act. Cat.A
0.07%0.07% of portfolio
$3.6M$3.6M invested

View next 5

Major consumer brands

118 HOLDINGS

Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

118 HOLDINGS

% of portfolio
$ invested
1. Amazon.com Inc
1.34%1.34% of portfolio
$65.41M$65.41M invested
2. Costco Wholesale Corp
0.75%0.75% of portfolio
$36.65M$36.65M invested
3. Procter & Gamble Co
0.55%0.55% of portfolio
$26.99M$26.99M invested
4. Walmart Inc
0.42%0.42% of portfolio
$20.22M$20.22M invested
5. Johnson & Johnson
0.39%0.39% of portfolio
$18.92M$18.92M invested

View next 5

View more info

DATA AS OF 28 Feb 2025

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Principal Strategic Asset Management Balanced Portfolio PSAJX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on PSAJX at Morningstar.com

Current fund

PSAJX

Principal Strategic Asset Management Balanced Portfolio

Family

Principal Funds

Category

Moderate Allocation

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-6.17% less in annualized returns

Less invested in commodity producers

0% less invested

Less invested in banks and lenders

0.19% less invested

Less invested in major consumer brands

6.4% less invested

Current fund

PSAJX

Principal Strategic Asset Management Balanced Portfolio

Family

Principal Funds

Category

Moderate Allocation

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-6.17% less in annualized returns

Less invested in commodity producers

0% less invested

Less invested in banks and lenders

0.19% less invested

Less invested in major consumer brands

6.4% less invested

Current fund

PSAJX

Principal Strategic Asset Management Balanced Portfolio

Family

Principal Funds

Category

Moderate Allocation

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-6.17% less in annualized returns

Less invested in commodity producers

0% less invested

Less invested in banks and lenders

0.19% less invested

Less invested in major consumer brands

6.4% less invested

Month-end trailing returns

Performance as of date: 3/31/25

Morningstar suggested benchmark: Morningstar Mod Tgt Risk TR USD

Annualized returns

Deforestation analysis

1-yr

3-yr

5-yr

10-yr

This fund
PSAJX - Principal Strategic Asset Management Balanced Portfolio

6.18%

4.91%

10%

6.29%

0.18%

Benchmark

8.22%

9.03%

19%

12%

0.19%

Fund compared to benchmark

-2.04%

-4.12%

-8.45%

-6.17%

<0.01% lower

Find more financial data on PSAJX at Morningstar.com

Take Action

Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.

SUPPORT THE PETITION

Find top-graded funds that avoid deforestation-risk investments.

FIND TOP-SCORING FUNDS

Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.

CHECK FOR FOSSIL FUELS

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