Principal LifeTime 2045 Fund Institutional Class (LTRIX)

Fund Assets	1.81B
Expense Ratio	0.564%
Min. Investment	$0.00
Turnover	36.70%
Dividend (ttm)	0.35
Dividend Yield	2.12%
Dividend Growth	38.19%
Payout Frequency	n/a
Ex-Dividend Date	Dec 31, 2025

Previous Close	16.64
YTD Return	8.14%
1-Year Return	11.20%
5-Year Return	49.21%
52-Week Low	14.52
52-Week High	16.97
Beta (5Y)	0.90
Holdings	20
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.

• Fund Family: Principal Funds
• Category: Target-Date 2045
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LTRIX
• Share Class: Institutional Class
• Index: S&P Target Date 2045 TR

Performance

LTRIX had a total return of 11.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.09%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
LTRDX	R-5	0.82%
LTRVX	R-3	1.13%

Top 10 Holdings

92.19% of assets

Name	Symbol	Weight
Principal International Equity R-6	PIIDX	21.91%
Principal Capital Appreciation Fund Institutional Class	PWCIX	16.57%
Principal LargeCap Growth I R6	PLCGX	12.15%
Principal LargeCap Value Fund III Institutional Class	PLVIX	9.12%
Principal Core Fixed Income R6	PICNX	8.50%
Principal U.S. Mega-Cap ETF	USMC	7.85%
Principal Glb Emerging Markets R6	PIIMX	6.06%
Principal Equity Income Fund Institutional Class	PEIIX	5.27%
Principal Real Estate Securities Fd R6	PFRSX	2.44%
Principal U.S. Small-Cap ETF	PSC	2.35%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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