Principal LifeTime 2045 Fund Institutional Class (LTRIX)
| Fund Assets | 1.81B |
| Expense Ratio | 0.65% |
| Min. Investment | $0.00 |
| Turnover | 36.70% |
| Dividend (ttm) | 1.42 |
| Dividend Yield | 9.09% |
| Dividend Growth | 77.72% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 15.58 |
| YTD Return | 2.43% |
| 1-Year Return | 15.32% |
| 5-Year Return | 44.63% |
| 52-Week Low | 11.73 |
| 52-Week High | 15.78 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Feb 29, 2008 |
About LTRIX
Principal LifeTime 2045 Fund - Institutional Class is a target date mutual fund designed to help investors prepare for retirement around the year 2045. Its core purpose is to offer a diversified, long-term investment solution that gradually shifts its asset allocation to become more conservative as the target date approaches. The fund follows an asset allocation strategy that blends domestic and international equities, fixed-income securities, and real asset investments, providing broad diversification across sectors and geographic regions. It achieves this diversification by allocating capital among a range of underlying Principal funds, including both equity and bond holdings, to balance growth potential with risk management as retirement nears. The fund's role in the financial market is to serve as a comprehensive, all-in-one retirement planning vehicle, allowing investors to 'set and forget' their retirement investing strategy while benefiting from systematic rebalancing and professional management. With significant assets under management and annual dividend distributions, the fund caters primarily to institutional investors focused on capital appreciation and income generation as part of a long-term retirement plan.
Performance
LTRIX had a total return of 15.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.45%.
Top 10 Holdings
94.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 25.11% |
| Principal International Equity Fund R-6 Class | PIIDX | 23.09% |
| Principal Core Fixed Income Fund Class R-6 | PICNX | 10.85% |
| Principal Equity Income Fund Institutional Class | PEIIX | 6.50% |
| Principal LargeCap Growth Fund I Class R-6 | PLCGX | 6.22% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 6.05% |
| Principal Blue Chip Fund Class R6 | PGBHX | 5.82% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 4.70% |
| Principal SmallCap Fund Class R6 | PSMLX | 3.84% |
| Principal High Yield Fund Class R-6 | PHYFX | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.3499 | Dec 31, 2025 |
| Dec 18, 2025 | $1.0683 | Dec 18, 2025 |
| Dec 31, 2024 | $0.2532 | Dec 31, 2024 |
| Dec 19, 2024 | $0.5448 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2409 | Dec 29, 2023 |
| Dec 20, 2023 | $0.3292 | Dec 20, 2023 |