On June 26, 2020, Principal SystematEx International Fund PSTMX will merge with the institutional and R6 share classes of Principal Diversified International Fund. Paul Blankenhagen and Juliet Cohn, comanagers of Principal Diversified International, which has a Morningstar Analyst Rating of Bronze, will remain in charge. The merger will not change the process of Diversified International and does not affect its Analyst Rating.
Principal Diversified Intl R3 PINRX
NAV / 1-Day Return
12.31
/
0.49
%
Total Assets
12.4 Bil
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.
1.300%
Expense Ratio
1.300%
Fee Level
Below Average
Longest Manager Tenure
16.55
years
Category
US Fund Foreign Large Blend
Investment Style
Large BlendMin. Initial Investment
0
Status
Open
TTM Yield
1.82%
Turnover
51%
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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 PINRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PINRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PINRX 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 PINRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Price Pillar
The Price Pillar compares PINRX’s fees to similar funds, determining whether or not the fund provides a good value proposition.
Performance Pillar
The Performance Pillar is our evaluation of whether PINRX’s returns have been the result of chance or a proven, long-term process and compares the fund with its category or benchmark.
Fund Merger Doesn’t Change Principal Diversified International’s Rating
