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.
Principal LifeTime 2040 Institutional PTDIX
NAV / 1-Day Return
15.76
/
1.22
%
Total Assets
4.3 Bil
Adj. Expense Ratio
0.640%
Expense Ratio
0.640%
Fee Level
High
Longest Manager Tenure
15.21
years
Category
Target-Date 2040
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
3.17%
Turnover
20%
Morningstar’s Fund Analysis PTDIX
Will PTDIX 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 PTDIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PTDIX 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 PTDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A sensible approach that can benefit from more rigor.
