Morningstar

Principal LifeTime 2020 Fund R-5 Class PTBPX

Morningstar Medalist Rating
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Medalist Rating as of See Principal Investment Hub
  • NAV / 1-Day Return $12.42  /  −0.32 %
  • Fund Size $1.6B
  • Adjusted Expense Ratio 0.730%
  • Net Expense Ratio 0.260%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Large
  • Morningstar Category Target-Date 2020
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Investment Status Open
  • TTM Yield 2.92%
  • Turnover Ratio 26%
NAV and 1-Day Return as of

Morningstar’s Analysis PTBPX

Will PTBPX outperform in the 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 PTBPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Underlying fund managers need to pull through.

Senior Analyst Hyunmin Kim

Hyunmin Kim

Senior Analyst

Summary

Capable asset allocators support the Principal Lifetime target-date series, yet under its new proprietary structure, the series’ underlying active fund managers have struggled to hold up their end.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings PTBPX

More PTBPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 89.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Core Fixed Income R6

26.23 417M
—

Principal Short-Term Income Inst

14.35 228M
—

Principal International Equity R-6

10.33 164M
—

Principal Capital Appreciation Inst

7.85 125M
—

Principal High Yield R-6

5.98 95M
—

Principal LargeCap Growth I R6

5.89 94M
—

Principal Spectrum Pref&Cptl Scs IncR6

5.84 93M
—

Principal Inflation Protection Inst

5.13 82M
—

Principal Large Cap Value III Inst

4.17 66M
—

Principal US Mega-Cap ETF

3.88 62M
—

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