About LTIUX
Principal LifeTime 2035 Fund Institutional Class is a target date mutual fund designed to support investors aiming to retire around the year 2035. Its central purpose is to deliver a balanced combination of long-term capital growth and current income, aligning asset allocation with the evolving risk tolerance of participants as the target date approaches. The fund operates as a 'fund of funds,' investing in an array of underlying Principal Exchange-Traded Funds and Principal Funds, Inc. portfolios. These underlying holdings span domestic and international equities, core and high-yield fixed income, real assets, and real estate securities, contributing to broad diversification beyond traditional stocks and bonds. As retirement nears, the fund’s allocation adjusts progressively, increasing exposure to conservative assets like fixed income, while decreasing volatility-prone investments. With assets under management nearing $2 billion and oversight by an experienced management team, Principal LifeTime 2035 Fund Institutional Class plays a vital role in retirement planning, providing a professionally managed glide path for those seeking a streamlined solution to meet changing risk and income needs over the investment horizon.
Fund Family Principal Funds
Category Target-Date 2035
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LTIUX
Share Class Institutional Class
Index S&P Target Date 2035 TR
LTIUX had a total return of 7.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.27%.
