Mutual Fund Insights: Principal LifeTime 2050 R1 Fund (PZASX)

In-depth Analysis of Principal LifeTime 2050 R1 Fund (PZASX)

3 months 6 months 1 year 3 year 5 year

See Principal LifeTime 2050 R1 Fund (PZASX) performance details as of January 31, 2010

  

Last Trade: $10.31 on 3/17/2010, Change: +0.06 (0.59%)

  

Fund Manager - Dirk Laschanzky

Fund Manager Tenure: 9.1 years
Fundmojo Fund Grade: E (Score: 0.39)     (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 2050 R1 Fund (PZASX)

Data for Principal LifeTime 2050 R1 Fund (PZASX) as of January 31, 2010

• Principal LifeTime 2050 R1 Fund (PZASX) management has been with Principal LifeTime 2050 R1 Fund for 9.1 years
• Principal LifeTime 2050 R1 Fund (PZASX) ratio of up-years vs down years is greater than 2
• Principal LifeTime 2050 R1 Fund (PZASX) has an annual stock turnover rate of 15.20% vs Target Date 2050+ average of 56.14%. It is good that Principal LifeTime 2050 R1 management does not trade extensively for its return.
• Principal LifeTime 2050 R1 Fund (PZASX) is less volatile than its peers as it has a 3-year Standard Deviation of 20.87, lower than category average of 21.36

  

 What we are cautious about Principal LifeTime 2050 R1 Fund (PZASX)

Data for Principal LifeTime 2050 R1 Fund (PZASX) as of January 31, 2010

• Principal LifeTime 2050 R1 Fund is a focused fund with 71.77% 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 2050 R1 Fund (PZASX) has a less-than-ideal short-term performance (1-year return 34.21% vs 37.82% Target Date 2050+ category average)
• Principal LifeTime 2050 R1 Fund (PZASX) has a less-than-ideal mid-term performance (3-year return -7.84% vs -7.39% Target Date 2050+ category average)
• Principal LifeTime 2050 R1 Fund (PZASX) has a less-than-ideal Long-term performance (5-year return 0.20% vs 0.57% Target Date 2050+ category average)
• Principal LifeTime 2050 R1 Fund (PZASX) has a Morningstar rating of 3 and below
• Principal LifeTime 2050 R1 Fund (PZASX) is less safe compared to its Target Date 2050+ peers
• Principal LifeTime 2050 R1 Fund (PZASX) does not have a good risk adjusted return as its 3-year Alpha of -6.87 is worse than category average of -6.28, and its 3-year Sharpe ratio is -0.38
• Principal LifeTime 2050 R1 Fund (PZASX) has a higher management fee of 1.71% than its Target Date 2050+ average of 0.62%
• Even though Principal LifeTime 2050 R1 Fund carries no load, it does have a 0.35% of 12b1 promotion, distributions, marketing expenses

See Principal LifeTime 2050 R1 Fund (PZASX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Target Date 2050+ category?

Below are some additional Target Date 2050+ mutual funds generated out of our database

• See top fund managers for Target Date 2050+ Category Funds
• Browse other funds in Target Date 2050+ Category

  

Principal LifeTime 2050 R1 Fund (PZASX) Net Asset

Track net asset change of Principal LifeTime 2050 R1 fund (PZASX)

Date	Net Asset
01/2010	$10.83M
11/2009	$10.44M
10/2009	$9.86M

More historic net asset information on Principal LifeTime 2050 R1 Fund (PZASX)

  

Principal LifeTime 2050 R1 Fund (PZASX) Portfolio Allocation

Track portfolio allocation change of Principal LifeTime 2050 R1 fund (PZASX)

Date	Cash	Stock	Bond	Other
10/2009	4.11%	86.26%	7.94%	1.69%
09/2009	3.82%	86.74%	7.68%	1.76%
08/2009	4.96%	84.42%	8.86%	1.76%

Click here to see more historic asset allocation information on Principal LifeTime 2050 R1 Fund (PZASX)

  

Most Recent Top 10 Holdings in Principal LifeTime 2050 R1 Fund (PZASX)

Discover what Principal LifeTime 2050 R1 Fund (PZASX) manager is buying

31-Oct-09 Principal Discp Large Cap Blend Inst [11.72%] Principal Large Cap Growth I Inst [8.38%] Principal International Value I Instl [7.42%] Principal International I Inst [7.36%] Principal International Growth Inst [7.24%] Principal Large Cap Growth Inst [7.09%] Principal Large Cap Blend I Inst [6.36%] Principal High Yield I Inst [5.4%] Principal Large Cap Value III Inst [5.17%] Principal Large Cap Value I Inst [5.1%]

30-Sep-09 Principal Discp Large Cap Blend Inst [11.71%] Principal Large Cap Growth I Inst [8.32%] Principal International Value I Instl [7.52%] Principal International I Inst [7.37%] Principal International Growth Inst [7.15%] Principal Large Cap Growth Inst [7.11%] Principal Large Cap Blend I Inst [6.32%] Principal High Yield I Inst [5.18%] Principal Large Cap Value III Inst [5.17%] Principal Large Cap Value Inst [5.13%]

31-Aug-09 Principal Discp Large Cap Blend Inst [11.86%] Principal Large Cap Growth I Inst [8.21%] Principal International Value I Instl [7.53%] Principal International I Inst [7.42%] Principal International Growth Inst [7.18%] Principal Large Cap Growth Inst [7.12%] Principal Large Cap Blend I Inst [6.41%] Principal High Yield I Inst [5.15%] Principal Large Cap Value I Inst [4.83%] Principal Large Cap Value III Inst [4.76%]

Click here for Stock Holding Change Map in Principal LifeTime 2050 R1 Fund (PZASX)

  

Related books and products to Principal LifeTime 2050 R1 Fund (PZASX)

  

Latest News on Principal LifeTime 2050 R1 (PZASX)

See what is happening with Principal LifeTime 2050 R1 Fund (PZASX)

Yahoo! Finance: RSS feed not found See more news on Principal LifeTime 2050 R1 Fund (PZASX)

 

Books and Resources

 

 

See more information on Principal LifeTime 2050 R1 Fund (PZASX)

• Principal LifeTime 2050 R1 Fund Insights
• Principal LifeTime 2050 R1 Fund Performance Data
• Principal LifeTime 2050 R1 Fund News
• Principal LifeTime 2050 R1 Fund Score Explaination
• Principal LifeTime 2050 R1 Fund Manager Information
• Historic Principal LifeTime 2050 R1 Fund Asset Allocation Report
• Historic Principal LifeTime 2050 R1 Fund Top 10 Holding Tracking
• Historic Principal LifeTime 2050 R1 Fund Asset Under Management Tracking