Mutual Fund Insights: Principal LifeTime 2030 R1 Fund (PXASX)

In-depth Analysis of Principal LifeTime 2030 R1 Fund (PXASX)

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See Principal LifeTime 2030 R1 Fund (PXASX) performance details as of February 28, 2010

  

Last Trade: $10.57 on 3/19/2010, Change: -0.06 (-0.56%)

  

Fund Manager - Dirk P. Laschanzky

Fund Manager Tenure: 9.1 years
Fundmojo Fund Grade: D (Score: 0.46)     (What does this score mean?)

Dirk P. 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, Dirk P. Laschanzky was a portfolio manager and analyst for over seven years at AMR Investment Services. Dirk P. Laschanzky holds the Chartered Financial Analyst designation.  Get more insights on Dirk P. Laschanzky

  

 What we like about Principal LifeTime 2030 R1 Fund (PXASX)

Data for Principal LifeTime 2030 R1 Fund (PXASX) as of February 28, 2010

• Principal LifeTime 2030 R1 Fund (PXASX) management has been with Principal LifeTime 2030 R1 Fund for 9.1 years
• Principal LifeTime 2030 R1 Fund (PXASX) has good short-term performance (1-year return 49.06% vs 48.70 % Target Date 2026-2030 category average)
• Principal LifeTime 2030 R1 Fund (PXASX) has good mid-term performance (3-year return -5.70% vs -4.96 % Target Date 2026-2030 category average)
• Principal LifeTime 2030 R1 Fund (PXASX) ratio of up-years vs down years is greater than 2
• Principal LifeTime 2030 R1 Fund (PXASX) has an annual stock turnover rate of 9.50% vs Target Date 2026-2030 average of 35.55%. It is good that Principal LifeTime 2030 R1 management does not trade extensively for its return.
• Principal LifeTime 2030 R1 Fund (PXASX) is less volatile than its peers as it has a 3-year Standard Deviation of 19.17, lower than category average of 19.58

  

 What we are cautious about Principal LifeTime 2030 R1 Fund (PXASX)

Data for Principal LifeTime 2030 R1 Fund (PXASX) as of February 28, 2010

• Principal LifeTime 2030 R1 Fund is a focused fund with 64.35% 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 R1 Fund (PXASX) has a less-than-ideal Long-term performance (5-year return 0.68% vs 1.00 % Target Date 2026-2030 category average)
• Principal LifeTime 2030 R1 Fund (PXASX) has a Morningstar rating of 3 and below
• Principal LifeTime 2030 R1 Fund (PXASX) is less safe compared to its Target Date 2026-2030 peers
• Principal LifeTime 2030 R1 Fund (PXASX) does not have a good risk adjusted return as its 3-year Alpha of -5.75 is worse than category average of -4.89, and its 3-year Sharpe ratio is -0.3
• Principal LifeTime 2030 R1 Fund (PXASX) has a higher management fee of 0.97% than its Target Date 2026-2030 average of 0.63%
• Even though Principal LifeTime 2030 R1 Fund carries no load, it does have a 0.35% of 12b1 promotion, distributions, marketing expenses

See Principal LifeTime 2030 R1 Fund (PXASX) performance details as of February 28, 2010

  

  

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Principal LifeTime 2030 R1 Fund (PXASX) Net Asset

Track net asset change of Principal LifeTime 2030 R1 fund (PXASX)

Date	Net Asset
02/2010	$3.88B
01/2010	$45.35M
11/2009	$43.68M

More historic net asset information on Principal LifeTime 2030 R1 Fund (PXASX)

  

Principal LifeTime 2030 R1 Fund (PXASX) Portfolio Allocation

Track portfolio allocation change of Principal LifeTime 2030 R1 fund (PXASX)

Date	Cash	Stock	Bond	Other
01/2010	11.37%	68.25%	17.14%	0.73%
10/2009	9.01%	69.41%	18.56%	3.03%
09/2009	7.68%	70.72%	18.48%	3.12%

Click here to see more historic asset allocation information on Principal LifeTime 2030 R1 Fund (PXASX)

  

Most Recent Top 10 Holdings in Principal LifeTime 2030 R1 Fund (PXASX)

Discover what Principal LifeTime 2030 R1 Fund (PXASX) manager is buying

31-Jan-10 Principal Discp Large Cap Blend Inst [9.23%] Principal Large Cap Growth I Inst [7.15%] Principal Bond & Mtg Securities Inst [6.68%] Principal High Yield I Inst [6.52%] Principal Large Cap Value I Inst [6.18%] Principal Large Cap Blend I Inst [5.94%] Principal Core Plus Bond I Institutional [5.73%] Principal International Growth Inst [5.7%] Principal International Value I Instl [5.68%] Principal Large Cap Growth Inst [5.54%]

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%]

Click here for Stock Holding Change Map in Principal LifeTime 2030 R1 Fund (PXASX)

  

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See more information on Principal LifeTime 2030 R1 Fund (PXASX)

• Principal LifeTime 2030 R1 Fund Insights
• Principal LifeTime 2030 R1 Fund Performance Data
• Principal LifeTime 2030 R1 Fund News
• Principal LifeTime 2030 R1 Fund Score Explaination
• Principal LifeTime 2030 R1 Fund Manager Information
• Historic Principal LifeTime 2030 R1 Fund Asset Allocation Report
• Historic Principal LifeTime 2030 R1 Fund Top 10 Holding Tracking
• Historic Principal LifeTime 2030 R1 Fund Asset Under Management Tracking