Principal Strategic Asset Management Balanced Portfolio (SABPX)

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Principal Strategic Asset Management Balanced Portfolio (SABPX) is up 7.9% since the beginning of the year. SABPX is currently trading at $18 per share. Investors who bought $1,000 worth of SABPX shares 5 years ago would now be looking at an investment worth $1,460.

Principal Strategic Asset Management Balanced Portfolio (SABPX) has returned 7.91% so far this year and 18.70% over the past 12 months. Over the last ten years, SABPX has returned 8.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 2, 1997, SABPX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +7.8%, while the worst month was Oct 2008 at -12.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SABPX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +6.6%, while the worst single day was Dec 23, 1998 at -7.2%.

Principal Strategic Asset Management Balanced Portfolio has an annualized alpha of 2.33%, beta of 0.55, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since January 03, 1997.

• This fund participated in 64.51% of S&P 500 Index downside but only 63.74% of its upside - more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.33% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.55 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

SABPX has an expense ratio of 0.60%, placing it in the medium range.

SABPX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Principal Strategic Asset Management Balanced Portfolio (SABPX) and compare them to S&P 500 Index.

Principal Strategic Asset Management Balanced Portfolio provided a 9.96% dividend yield over the last twelve months, with an annual payout of $1.77 per share.

The table displays the monthly dividend distributions for Principal Strategic Asset Management Balanced Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Principal Strategic Asset Management Balanced Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Principal Strategic Asset Management Balanced Portfolio was 40.58%, occurring on Mar 9, 2009. Recovery took 467 trading sessions.

The chart below shows the rolling one-month volatility.