West Des Moines, IA (My Sportsbook) - Nick Price shot a four-under 67 on Saturday to take a one-stroke lead at the Principal Charity Classic.

Price stands at seven-under-par 135, just ahead of Joey Sindelar (67) and Mark Wiebe (68).

Fred Funk (69) and Mark McNulty (69) share fourth place at five-under 137.

Price, an 18-time winner on the PGA Tour, claimed his first Champions Tour victory this season at the Outback Steakhouse Pro-Am.

He began the day one shot off the overnight lead shared by Olin Browne, Lonnie Nielsen and Bruce Vaughan, but Price didn't begin moving in a positive direction until he was six holes into the round.

In fact, he took bogeys at the second and fifth holes to drop back.

The 52-year-old South African made those shots up with back-to-back birdies at the sixth and seventh, then eagled the par-five ninth to make the turn at two- under par for the round.

Price collected back-to-back birdies a second time at the 14th and 15th holes, taking the lead.

"Two silly bogeys on the front, but the birdie at No. 6 got me going," said Price, who also held the second-round lead last year, only to finish in third place.

"Funny to be in the same position," he said.

Sindelar, a seven-time winner on the PGA Tour, is seeking his first victory on the Champions Tour. The 51-year-old collected five birdies between the seventh and 16th holes, but bogeyed No. 18 to miss a chance to share the lead.

Wiebe, who has won once in each of the last two seasons, mixed six birdies and three bogeys in his third round.

While the scores among the top players weren't sparkling, they were more than enough to overtake the first round co-leaders, who each shot over-par Saturday.

Nielsen had a one-over 72 and dropped into a tie for 12th place at three-under 139, Browne carded a 73 and fell into a share of 20th place at 140 and Vaughan posted a 74 to slip into a share for 23rd place at 141.

Jay Haas, who won this tournament last year just a week after claiming the Senior PGA Championship, carded a 67 to move within four shots of the lead. Haas is the two-time defending champion.