Principal LifeTime 2035 Fund R-3 Class (LTAOX)
| Fund Assets | 2.05B |
| Expense Ratio | 1.17% |
| Min. Investment | $0.00 |
| Turnover | 36.50% |
| Dividend (ttm) | 1.13 |
| Dividend Yield | 8.52% |
| Dividend Growth | 66.89% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 13.19 |
| YTD Return | 2.09% |
| 1-Year Return | 12.96% |
| 5-Year Return | 31.06% |
| 52-Week Low | 10.52 |
| 52-Week High | 13.31 |
| Beta (5Y) | 0.78 |
| Holdings | 16 |
| Inception Date | Feb 29, 2008 |
About LTAOX
Principal LifeTime 2035 Fund R3 is a target-date mutual fund designed to support individuals planning to retire around the year 2035. Its primary function is to deliver a blend of long-term capital growth and current income, achieved through a strategic asset allocation that gradually shifts from riskier assets toward more conservative investments as the target retirement date approaches. The fund follows a "fund of funds" approach, investing in a diverse mix of underlying Principal Exchange-Traded Funds and Principal Funds, Inc. offerings. This portfolio typically includes U.S. and international equity funds, fixed-income funds, real asset funds, and other investment vehicles, thereby providing broad diversification across asset classes and geography. The asset allocation is dynamic, regularly rebalanced to reduce risk as the fund nears the target date, reflecting standard industry practices for lifecycle funds. Principal LifeTime 2035 Fund R3 serves a significant role in the retirement planning landscape, helping investors automatically align their investment risk with their evolving time horizon and retirement objectives, without requiring ongoing manual portfolio adjustments.
Performance
LTAOX had a total return of 12.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.75%.
Top 10 Holdings
96.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income Fund Class R-6 | PICNX | 29.85% |
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 19.13% |
| Principal International Equity Fund R-6 Class | PIIDX | 17.58% |
| Principal Equity Income Fund Institutional Class | PEIIX | 4.95% |
| Principal LargeCap Growth Fund I Class R-6 | PLCGX | 4.74% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 4.60% |
| Principal Blue Chip Fund Class R6 | PGBHX | 4.43% |
| Principal High Yield Fund Class R-6 | PHYFX | 4.37% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 3.58% |
| Principal SmallCap Fund Class R6 | PSMLX | 2.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.2878 | Dec 31, 2025 |
| Dec 18, 2025 | $0.8379 | Dec 18, 2025 |
| Dec 31, 2024 | $0.2204 | Dec 31, 2024 |
| Dec 19, 2024 | $0.4541 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2022 | Dec 29, 2023 |
| Dec 20, 2023 | $0.2407 | Dec 20, 2023 |