PMOAX vs. LTFIX
PMOAX (Principal Opportunistic Municipal Fund) and LTFIX (Principal LifeTime 2055 Fund) are both mutual funds - PMOAX is a High Yield Muni fund managed by Principal, while LTFIX is a Target Retirement Date fund managed by Principal. Over the past 10 years, PMOAX returned 2.33%/yr vs 11.93%/yr for LTFIX. At a correlation of -0.04, they often move in opposite directions. PMOAX charges 0.84%/yr vs 0.01%/yr for LTFIX.
Performance
PMOAX vs. LTFIX - Performance Comparison
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Returns By Period
In the year-to-date period, PMOAX achieves a 2.52% return, which is significantly lower than LTFIX's 8.64% return. Over the past 10 years, PMOAX has underperformed LTFIX with an annualized return of 2.33%, while LTFIX has yielded a comparatively higher 11.93% annualized return.
PMOAX
- 1D
- 0.00%
- 1M
- 2.09%
- YTD
- 2.52%
- 6M
- 3.03%
- 1Y
- 7.49%
- 3Y*
- 4.47%
- 5Y*
- -0.13%
- 10Y*
- 2.33%
LTFIX
- 1D
- -0.31%
- 1M
- 1.44%
- YTD
- 8.64%
- 6M
- 8.07%
- 1Y
- 20.87%
- 3Y*
- 18.13%
- 5Y*
- 9.07%
- 10Y*
- 11.93%
PMOAX vs. LTFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMOAX Principal Opportunistic Municipal Fund | 2.52% | 2.91% | 4.40% | 6.76% | -16.56% | 6.38% | 4.40% | 10.55% | 1.34% | 10.14% |
LTFIX Principal LifeTime 2055 Fund | 8.64% | 17.80% | 17.28% | 20.33% | -18.84% | 17.73% | 16.47% | 27.27% | -9.03% | 22.52% |
Correlation
The correlation between PMOAX and LTFIX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2012 | -0.04 |
The correlation between PMOAX and LTFIX shifts across timeframes, from -0.04 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PMOAX vs. LTFIX — Risk / Return Rank
PMOAX
LTFIX
PMOAX vs. LTFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Opportunistic Municipal Fund (PMOAX) and Principal LifeTime 2055 Fund (LTFIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PMOAX | LTFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.32 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 2.52 | +0.10 |
| Martin ratioReturn relative to average drawdown | 8.28 | 11.09 | -2.80 |
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Drawdowns
PMOAX vs. LTFIX - Drawdown Comparison
The maximum PMOAX drawdown since its inception was -21.33%, smaller than the maximum LTFIX drawdown of -52.73%. Use the drawdown chart below to compare losses from any high point for PMOAX and LTFIX.
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Drawdown Indicators
| PMOAX | LTFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.33% | -52.73% | +31.40% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -8.71% | +5.80% |
Max Drawdown (3Y)Largest decline over 3 years | -6.41% | -15.70% | +9.29% |
Max Drawdown (5Y)Largest decline over 5 years | -21.33% | -26.80% | +5.47% |
Max Drawdown (10Y)Largest decline over 10 years | -21.33% | -33.50% | +12.17% |
Current DrawdownCurrent decline from peak | -2.11% | -0.94% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -4.78% | -7.62% | +2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.98% | -1.06% |
Volatility
PMOAX vs. LTFIX - Volatility Comparison
The current volatility for Principal Opportunistic Municipal Fund (PMOAX) is 0.85%, while Principal LifeTime 2055 Fund (LTFIX) has a volatility of 4.84%. This indicates that PMOAX experiences smaller price fluctuations and is considered to be less risky than LTFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMOAX | LTFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 4.84% | -3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 2.27% | 10.34% | -8.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.34% | 12.55% | -9.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.76% | 15.57% | -10.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 15.88% | -10.83% |
PMOAX vs. LTFIX - Expense Ratio Comparison
PMOAX has a 0.84% expense ratio, which is higher than LTFIX's 0.01% expense ratio.
Dividends
PMOAX vs. LTFIX - Dividend Comparison
PMOAX's dividend yield for the trailing twelve months is around 4.50%, less than LTFIX's 8.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTFIX Principal LifeTime 2055 Fund | 8.03% | 8.73% | 8.47% | 4.17% | 8.60% | 5.83% | 3.91% | 6.03% | 6.60% | 3.51% | 3.99% | 4.51% |
PMOAX Principal Opportunistic Municipal Fund | 4.50% | 4.59% | 4.32% | 3.42% | 3.36% | 3.09% | 3.28% | 3.48% | 3.89% | 3.62% | 3.57% | 3.73% |
Frequently Asked Questions
PMOAX and LTFIX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LTFIX has higher volatility (4.84%) compared to PMOAX (0.85%). In terms of maximum drawdown, PMOAX dropped -21.33% vs LTFIX's -52.73%.
PMOAX currently has the higher Sharpe Ratio (2.29 vs 1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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