Principal LifeTime series features experienced managers, but the efficacy of their recently revamped supporting cast remains unclear. The series' Morningstar Analyst Ratings range from Neutral to Negative depending on the share class.
Morningstar’s Fund Analysis PTBMX
Will PTBMX 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 PTBMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PTBMX 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 PTBMX’s parent organization’s priorities and whether they’re in line with investors’ interests.