Principal LifeTime Hybrid series features experienced managers, but the efficacy of its recently revamped supporting cast remains unclear. All shares of this target-date series retain Morningstar Analyst Ratings of Neutral.
Morningstar’s Fund Analysis PHTMX
Will PHTMX 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 PHTMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PHTMX 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 PHTMX’s parent organization’s priorities and whether they’re in line with investors’ interests.