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Morningstar

Principal LifeTime 2045 R3 LTRVX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 12.92  /  0.94 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    1.220%
  • Expense Ratio 1.220%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Target-Date 2045
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 0.67%
  • Turnover 24%

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:20 PM GMT+0

Morningstar’s Analysis LTRVX

Will LTRVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LTRVX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LTRVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of LTRVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Not much differentiation.

Analyst Hyunmin Kim

Hyunmin Kim

Analyst

Summary

The Principal LifeTime series features experienced managers, though it could benefit from more dedicated resources and enhanced rigor in its process.

by Hyunmin Kim
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LTRVX

More LTRVX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 18
  • % Assets in Top 10 Holdings 84.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Diversified International R-6

13.62
179,044,069
—

Principal Blue Chip R-6

9.88
129,917,128
—

Principal LargeCap Growth I R6

9.73
127,920,163
—

Principal Large Cap S&P 500 Index Inst

9.33
122,705,529
—

Principal Large Cap Value III Inst

8.62
113,346,836
—

Principal Equity Income Inst

8.52
111,978,201
—

Principal Core Fixed Income R6

8.50
111,758,952
—

Principal Overseas Instl

7.10
93,344,560
—

Principal MidCap Value I R-6

5.70
75,018,119
—

Principal MidCap Growth III Inst

3.75
49,289,983
—