Experienced managers lead the Principal LifeTime series, but they lack the resources of more forward-thinking multi-asset organizations and don’t differentiate much from peers. The series’ Morningstar Analyst Ratings range from Neutral to Negative depending on the share class.
Principal LifeTime 2010 A PENAX
NAV / 1-Day Return
14.02
/
0.21
%
Total Assets
735.7 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.980%
Expense Ratio
0.980%
Fee Level
High
Longest Manager Tenure
13.50
years
Category
US Fund Target-Date 2000-2010
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
2.05%
Turnover
37%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PENAX 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 PENAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PENAX 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 PENAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Lacks an edge.
