Financial Optimization through Technology Innovation

Top Fund Managers

Latest Mutual Fund News

Financial Advisor Sponsor:Christine F. Heim, Managing Director

Bookmark this site!

(Enter Stock Symbol)

Partner Sites

Annuities
Wall Street Journal
eHealthInsurance

Fund Mojo on Facebook

Mutual Fund Insights: Principal LifeTime 2030 R2 Fund (PTCNX)

In-depth Analysis of Principal LifeTime 2030 R2 Fund (PTCNX)

Mutual fund chart: Principal LifeTime 2030 R2 Fund (PTCNX)

3 months
6 months
1 year
3 year
5 year

See Principal LifeTime 2030 R2 Fund (PTCNX) performance details as of January 31, 2010

Last Trade: $10.53 on 3/12/2010, Change: +0.03 (0.29%)

Fund Manager - Dirk Laschanzky

Fund Manager Tenure: 9.0 years [Similar Funds: PTCAX PTCBX PTCMX PTCPX PTCSX ]
Fundmojo Fund Grade: D (Score: 0.48) (What does this score mean?)

Laschanzky is a portfolio manager for PGI, responsible for portfolio implementation strategies, asset allocation and managing the midcap value and index portfolios. Prior to joining PGI in 1997, he was a portfolio manager and analyst for over seven years at AMR Investment Services. Laschanzky holds the Chartered Financial Analyst designation. Get more insights on Dirk Laschanzky

What we like about Principal LifeTime 2030 R2 Fund (PTCNX)

Data for Principal LifeTime 2030 R2 Fund (PTCNX) as of January 31, 2010

Principal LifeTime 2030 R2 Fund (PTCNX) management has been with Principal LifeTime 2030 R2 Fund for 9.0 years
Principal LifeTime 2030 R2 Fund (PTCNX) ratio of up-years vs down years is greater than 2
Principal LifeTime 2030 R2 Fund (PTCNX) has an annual stock turnover rate of 9.50% vs Target Date 2026-2030 average of 39.04%. It is good that Principal LifeTime 2030 R2 management does not trade extensively for its return.
Principal LifeTime 2030 R2 Fund (PTCNX) is less volatile than its peers as it has a 3-year Standard Deviation of 19.12, lower than category average of 19.59

What we are cautious about Principal LifeTime 2030 R2 Fund (PTCNX)

Data for Principal LifeTime 2030 R2 Fund (PTCNX) as of January 31, 2010

Principal LifeTime 2030 R2 Fund is a focused fund with 66.82% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
Principal LifeTime 2030 R2 Fund (PTCNX) has a less-than-ideal short-term performance (1-year return 33.18% vs 33.93% Target Date 2026-2030 category average)
Principal LifeTime 2030 R2 Fund (PTCNX) has a less-than-ideal mid-term performance (3-year return -6.57% vs -6.01% Target Date 2026-2030 category average)
Principal LifeTime 2030 R2 Fund (PTCNX) has a less-than-ideal Long-term performance (5-year return 0.76% vs 0.95% Target Date 2026-2030 category average)
Principal LifeTime 2030 R2 Fund (PTCNX) has a Morningstar rating of 3 and below
Principal LifeTime 2030 R2 Fund (PTCNX) is less safe compared to its Target Date 2026-2030 peers
Principal LifeTime 2030 R2 Fund (PTCNX) does not have a good risk adjusted return as its 3-year Alpha of -5.95 is worse than category average of -5.25, and its 3-year Sharpe ratio is -0.36
Principal LifeTime 2030 R2 Fund (PTCNX) has a higher management fee of 1.54% than its Target Date 2026-2030 average of 0.63%
Even though Principal LifeTime 2030 R2 Fund carries no load, it does have a 0.30% of 12b1 promotion, distributions, marketing expenses

See Principal LifeTime 2030 R2 Fund (PTCNX) performance details as of January 31, 2010

Interested in other top mutual funds in similar Target Date 2026-2030 category?

Below are some additional Target Date 2026-2030 mutual funds generated out of our database

Principal LifeTime 2030 R2 Fund (PTCNX) Net Asset

Track net asset change of Principal LifeTime 2030 R2 fund (PTCNX)

Date	Net Asset
01/2010	$91.69M
11/2009	$92.02M
10/2009	$88.04M

More historic net asset information on Principal LifeTime 2030 R2 Fund (PTCNX)

Principal LifeTime 2030 R2 Fund (PTCNX) Portfolio Allocation

Track portfolio allocation change of Principal LifeTime 2030 R2 fund (PTCNX)

Date	Cash	Stock	Bond	Other
10/2009	9.01%	69.41%	18.56%	3.03%
09/2009	7.68%	70.72%	18.48%	3.12%
08/2009	7.62%	70.3%	18.89%	3.18%

Click here to see more historic asset allocation information on Principal LifeTime 2030 R2 Fund (PTCNX)

Most Recent Top 10 Holdings in Principal LifeTime 2030 R2 Fund (PTCNX)

Discover what Principal LifeTime 2030 R2 Fund (PTCNX) manager is buying

31-Oct-09

Principal Discp Large Cap Blend Inst [11.63%]
Principal Bond & Mtg Securities Inst [7.38%]
Principal Large Cap Growth I Inst [6.78%]
Principal High Yield I Inst [6.38%]
Principal Large Cap Blend I Inst [5.98%]
Principal International Value I Instl [5.91%]
Principal International I Inst [5.86%]
Principal International Growth Inst [5.83%]
Principal Large Cap Growth Inst [5.56%]
Principal Core Plus Bond I Institutional [5.07%]

30-Sep-09

Principal Discp Large Cap Blend Inst [11.68%]
Principal Bond & Mtg Securities Inst [7.16%]
Principal Large Cap Growth I Inst [6.76%]
Principal High Yield I Inst [6.15%]
Principal International Value I Instl [6.01%]
Principal Large Cap Blend I Inst [5.96%]
Principal International I Inst [5.89%]
Principal International Growth Inst [5.78%]
Principal Large Cap Growth Inst [5.6%]
Principal Real Estate Securities Inst [4.96%]

31-Aug-09

Principal Discp Large Cap Blend Inst [11.81%]
Principal Bond & Mtg Securities Inst [7.67%]
Principal Large Cap Growth I Inst [6.65%]
Principal High Yield I Inst [6.11%]
Principal Large Cap Blend I Inst [6.04%]
Principal International Value I Instl [6%]
Principal International I Inst [5.91%]
Principal International Growth Inst [5.79%]
Principal Large Cap Growth Inst [5.6%]
Principal Real Estate Securities Inst [4.87%]

Click here for Stock Holding Change Map in Principal LifeTime 2030 R2 Fund (PTCNX)

Related books and products to Principal LifeTime 2030 R2 Fund (PTCNX)

Latest News on Principal LifeTime 2030 R2 (PTCNX)

See what is happening with Principal LifeTime 2030 R2 Fund (PTCNX)

Yahoo! Finance: RSS feed not found

See more news on Principal LifeTime 2030 R2 Fund (PTCNX)

Books and Resources

See more information on Principal LifeTime 2030 R2 Fund (PTCNX)

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.