Principal Equity Income’s veteran leadership and effective approach should help it carry on after a recent retirement. Its cheapest share class earns a Morningstar Analyst Rating of Silver, most get Bronze, and the pricey C shares get Neutral.
Will PEIPX 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 PEIPX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PEIPX 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 PEIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.