The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PMBSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PMBSX 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 PMBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The results speak for themselves.
Tony Thomas
Associate Director
Summary
Under unassuming lead manager Bill Nolin, Principal MidCap’s people, process, and track record all deserve praise. The strategy is closed to most new investors.