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.
Fund Family Principal Funds
Category Target-Date 2050
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PFLJX
Share Class Class J
Index S&P Target Date 2050 TR
PFLJX had a total return of 12.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.08%.
