Principal SAM Conservative Growth C Fund (SCGPX) seeks to provide long-term capital growth by primarily investing at least 60% of its net assets in the Equity Funds. The fund may invest up to 30% of its assets in each of the Short-term Income, U.S. Government Securities, Income, High Yield and Money Market Funds. The fund may also invest up to 40% of its assets in each of the Equity Income, Growth & Income, West Coast Equity, Growth, Mid Cap Stock, Small Cap Stock and International Growth Funds.
This Allocation Balanced product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 4.4% and 5 year 7.7%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
SCGPX’s performance, as of the last filing, when compared to funds in its category was in the top 41% over the past 1 year, and in the top 39% over the past 3 years and in the top 27% over the past 5 years.
The Principal SAM Conservative Growth C Fund, as of the last filing, allocates its fund in top three markets: Large Growth, Large Value and Intermediate Bond. Further, as of the last filing, Principal Divers Intl Fun, Principal Equity Income F and Principal Largecap Value were the top holdings for SCGPX.
This Zacks Rank #1 (Strong Buy) was incepted in September 1990 and is managed by Principal Fin . SCGPX carries an expense ratio of 2.18% and requires a minimal initial investment of $1,000.
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Zacks Investment Research