Morningstar

Principal Blue Chip Fund Class R-3 PGBEX

Medalist Rating as of Apr 27, 2026 See Principal Investment Hub

Will PGBEX outperform in the future?

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

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Process Pillar

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

The People Pillar is our evaluation of the PGBEX 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 PGBEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A worthy competitor in a tough category.

Principal Tony Thomas

Tony Thomas

Principal

Summary

Principal Blue Chip has an excellent team and an approach that's easy to get behind, but there’s no denying it competes in a tough category. As a result, a revised assessment of excess return opportunities for funds means more of this strategy's Morningstar Medalist Ratings than usual have shifted with this update even without changes to pillar ratings or fund costs.

by Tony Thomas

Rated on Apr 27, 2026 Published on Apr 27, 2026

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