About PHJEX
Principal LifeTime Hybrid 2040 Fund Class J is a target-date mutual fund designed for investors planning to retire around the year 2040. Its primary function is to achieve a total return through a blend of long-term capital growth and current income, adjusting its asset allocation over time to align with a 2040 retirement horizon. The fund employs a diversified, fund-of-funds approach, allocating assets across a mix of domestic and international equities, fixed income, real assets, and alternative investments—primarily by investing in other Principal funds. Notable holdings often include large-cap U.S. equities, international stocks, core bonds, and real estate securities, with allocations shifting to become more conservative as the target date approaches. This hybrid structure aims to balance growth potential and risk management, supporting investors in building and preserving wealth leading up to retirement. The Principal LifeTime Hybrid 2040 Fund Class J plays a key role in retirement planning portfolios by offering broad diversification, professional management, and a systematic glide path tailored to long-term retirement objectives.
Fund Family Principal Funds
Category Target-Date 2040
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PHJEX
Share Class Class J
Index S&P Target Date 2040 TR
PHJEX had a total return of 11.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.39%.
