Principal Global Multi-Strategy Fund

U.S. News evaluated 109 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Principal Funds funds

See full Multialternative rankings

See more fund rankings


The fund has returned 4.34 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.6%
1 Year 4.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more PMSAX performance


The investment seeks to achieve long-term capital appreciation with an emphasis on positive total returns and relatively low volatility. The fund's investment adviser allocates the fund's assets among one or more of the investment strategies, which are executed by one or more of the fund's sub-advisors. It invests in a broad range of instruments including, but not limited to, equities, bonds, currencies, convertible securities and derivatives such as futures, options, swaps and forwards. The fund can invest a higher percentage of assets in securities of individual issuers than a diversified fund. It is non-diversified.


Fees are Low compared to funds in the same category.
Principal Global Multi-Strategy Fund has an expense ratio of 2.00 percent.

See more PMSAX fees


Risk is N/A compared to funds in the same category according to Morningstar.

See more PMSAX risk