About LTFIX
Principal LifeTime 2055 Fund Institutional Class is a target date mutual fund designed to help investors reach retirement goals around the year 2055. The fund employs a dynamic asset allocation strategy, shifting its portfolio over time to adjust for the changing risk tolerance of investors as they approach retirement. Initially, it emphasizes long-term capital growth through higher exposure to equities—both domestic and international—and gradually transitions toward income and capital preservation as the target date nears. The fund achieves diversification by investing in a mix of underlying Principal Exchange-Traded Funds and Principal Funds, covering sectors such as large-cap equities, small-cap stocks, fixed income, real assets, and global markets. With a broad portfolio that includes holdings like international equity, large-cap U.S. stocks, and fixed income instruments, the fund is intended to serve as a comprehensive, "all-in-one" retirement solution for individuals planning ahead for 2055. It is actively managed by a seasoned team, and holds significance for its role in helping investors simplify retirement planning through a single, professionally managed fund aligned with a specific future retirement date.
Fund Family Principal Funds
Category Target-Date 2055
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LTFIX
Share Class Institutional Class
Index S&P Target Date 2055 TR
LTFIX had a total return of 16.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.89%.
