The Morningstar Analyst Rating was incorrect for the Advisor share class of the 2005 through the 2020 vintages of this series. The correct rating is Silver. We have resolved the error and corrected the data.
Morningstar’s Fund Analysis PARDX
Will PARDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PARDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PARDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PARDX’s parent organization’s priorities and whether they’re in line with investors’ interests.