Principal LifeTime 2045 R3 (LTRVX)

Fund Assets	1.81B
Expense Ratio	1.158%
Min. Investment	$0.00
Turnover	36.70%
Dividend (ttm)	0.27
Dividend Yield	1.70%
Dividend Growth	52.45%
Payout Frequency	n/a
Ex-Dividend Date	Dec 31, 2025

Previous Close	15.91
YTD Return	7.58%
1-Year Return	10.53%
5-Year Return	45.19%
52-Week Low	13.93
52-Week High	16.24
Beta (5Y)	0.90
Holdings	20
Inception Date	Feb 29, 2008

About LTRVX

Principal LifeTime 2045 Fund R-3 Class is a target-date mutual fund designed to align with investors anticipating retirement around the year 2045. The fund pursues a total return objective, balancing long-term capital appreciation with current income. It operates as a fund of funds, investing primarily in a diversified mix of underlying Principal Exchange-Traded Funds and Principal Funds, Inc. portfolios. These underlying investments span domestic and international equities, fixed income, and real asset funds, aiming to achieve broad diversification and risk management beyond traditional asset classes. A distinctive feature of the fund is its dynamic asset allocation strategy: the portfolio starts with a higher equity allocation for growth potential and systematically shifts toward more conservative holdings, such as bonds and other fixed-income securities, as the 2045 target date approaches. This gradual shift is designed to reduce volatility and provide greater capital preservation for investors nearing retirement. The Principal LifeTime 2045 Fund R-3 Class is widely used for retirement planning within employer-sponsored plans, serving as a single, professionally managed investment solution that adapts to a participant's lifestage and retirement horizon.

• Fund Family: Principal Funds
• Category: Target-Date 2045
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LTRVX
• Share Class: R-3
• Index: S&P Target Date 2045 TR

Performance

LTRVX had a total return of 10.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.46%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LTRIX	Institutional Class	0.57%
LTRDX	R-5	0.82%

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	$0.2674	Dec 31, 2025
Dec 18, 2025	$1.0683	Dec 18, 2025
Dec 31, 2024	$0.1754	Dec 31, 2024
Dec 19, 2024	$0.5448	Dec 19, 2024
Dec 29, 2023	$0.1723	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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