Principal LifeTime 2050 Fund Class J (PFLJX)
| Fund Assets | 3.27B |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000 |
| Turnover | 37.10% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 6.14% |
| Dividend Growth | 61.57% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 17.67 |
| YTD Return | 9.20% |
| 1-Year Return | 18.17% |
| 5-Year Return | 73.10% |
| 52-Week Low | 14.38 |
| 52-Week High | 18.07 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Jun 15, 2001 |
About PFLJX
Principal LifeTime 2050 Fund Class J is a target date mutual fund designed to help investors save for retirement with an anticipated retirement date around the year 2050. The fund pursues a total return strategy focused on long-term capital growth and current income. It utilizes a fund-of-funds structure, primarily investing in a diversified mix of underlying Principal funds, including domestic and international equities, fixed income, and real asset funds, providing broad asset class exposure. As a target date fund, its asset allocation is managed according to a preset glide path, gradually shifting from a growth-oriented portfolio to a more conservative mix as the 2050 target date approaches. This approach aims to balance growth potential with risk management as investors move closer to retirement. With professional management and automatic rebalancing, the fund is intended for individuals seeking a streamlined solution to retirement investing. The Principal LifeTime 2050 Fund Class J plays a significant role in the retirement planning sector, offering a convenient, diversified, and professionally managed investment option for long-term retirement savers.
Performance
PFLJX had a total return of 18.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.76%.
Top 10 Holdings
92.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal International Equity Fund R-6 Class | PIIDX | 25.73% |
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 11.34% |
| Principal LargeCap Growth Fund I Class R-6 | PLCGX | 11.33% |
| Principal Blue Chip Fund Class R6 | PGBHX | 10.91% |
| Principal Equity Income Fund Institutional Class | PEIIX | 10.42% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 10.26% |
| Principal Core Fixed Income R6 | PICNX | 3.72% |
| Principal SmallCap R6 | PSMLX | 3.45% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 2.73% |
| Principal Small-MidCap Dividend Income Fund R6 | PMDHX | 2.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.2408 | Dec 31, 2024 |
| Dec 19, 2024 | $0.8446 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2381 | Dec 29, 2023 |
| Dec 20, 2023 | $0.4337 | Dec 20, 2023 |
| Dec 30, 2022 | $0.1468 | Dec 30, 2022 |
| Dec 20, 2022 | $1.1224 | Dec 20, 2022 |