Morningstar will cease qualitative research coverage of Principal Global Multi-Strategy on or about Aug. 26, 2020, in order to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this fund. We recommend users form their own views on this fund or obtain financial advice.
Principal Global Multi-Strategy A PMSAX
NAV / 1-Day Return
11.61
/
1.61
%
Total Assets
549.5 Mil
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.
2.120%
Expense Ratio
3.690%
Fee Level
High
Longest Manager Tenure
10.10
years
Category
Multistrategy
Alt Style Correlation / Relative Volatility
High / MediumMin. Initial Investment
1,000
Status
Open
TTM Yield
1.17%
Turnover
290%
Premium
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 PMSAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.