DWS Short Duration's team has suffered from turnover, and its investment framework courts above-average credit risk. It warrants a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive share class earns a Negative.
Will PPIAX 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 PPIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PPIAX 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 PPIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.