Principal LifeTime Hybrid Income J (PHJFX)
| Fund Assets | 180.29M |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000 |
| Turnover | 24.10% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.84% |
| Dividend Growth | -9.00% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 11.17 |
| YTD Return | 8.99% |
| 1-Year Return | 8.80% |
| 5-Year Return | 22.89% |
| 52-Week Low | 9.86 |
| 52-Week High | 11.17 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Mar 1, 2018 |
About PHJFX
Principal LifeTime Hybrid Income Fund Class J is a multi-asset target‑date retirement income fund designed for investors roughly ten years beyond the typical retirement age. Its primary objective is to provide current income, with capital appreciation as a secondary goal. The fund operates as a fund‑of‑funds, allocating across underlying Principal index and active strategies spanning U.S. and international equities, core and short‑term fixed income, high yield, inflation‑protected securities, and real assets to maintain diversified exposure while emphasizing income generation and capital preservation. The glide path is managed to a conservative mix appropriate for post‑retirement spending needs, with periodic rebalancing intended to control risk as markets evolve. The fund is benchmarked to an income‑stage target‑date index and assumes gradual withdrawals during retirement, without guarantees of principal. Its role in the market is to serve as an all‑in‑one, professionally managed solution for retirees seeking steady distributions and broad diversification beyond traditional stocks and bonds within a single vehicle, leveraging Principal’s investment platform and underlying fund lineup.
Performance
PHJFX had a total return of 8.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.78%.
Top 10 Holdings
99.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Bond Market Index Instl | PNIIX | 34.50% |
| Principal Large Cap S&P 500 Index Inst | PLFIX | 20.26% |
| Principal Short-Term Income Inst | PSHIX | 16.75% |
| Principal International Equity R-6 | PIIDX | 9.28% |
| Principal High Yield R-6 | PHYFX | 6.41% |
| Principal Inflation Protection Inst | PIPIX | 5.78% |
| Principal MidCap S&P 400 Index R6 | PMAPX | 1.79% |
| Principal Real Estate Securities Fd R6 | PFRSX | 1.68% |
| Principal SmallCap S&P 600 Index R6 | PSPIX | 1.58% |
| Principal Glb Emerging Markets R6 | PIIMX | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.3017 | Dec 31, 2024 |
| Dec 19, 2024 | $0.0149 | Dec 19, 2024 |
| Dec 29, 2023 | $0.3053 | Dec 29, 2023 |
| Dec 20, 2023 | $0.0426 | Dec 20, 2023 |
| Dec 30, 2022 | $0.1937 | Dec 30, 2022 |
| Dec 20, 2022 | $0.272 | Dec 20, 2022 |