Principal Real Estate Securities remains a solid choice among U.S. REIT funds, with experienced managers and a thoughtful, flexible process. Its institutional and R6 shares maintain a Morningstar Analyst Rating of Bronze, while the more expensive shares earn a Neutral rating.
Principal Real Estate Securities R4 PRETX
NAV / 1-Day Return
31.44
/
0.44
%
Total Assets
6.3 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.
1.180%
Expense Ratio
1.180%
Fee Level
Low
Longest Manager Tenure
20.64
years
Category
Real Estate
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
1.67%
Turnover
35%
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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 PRETX 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 PRETX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRETX 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 PRETX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A flexible real estate fund with good long-term results.
