About PHJTX
Principal LifeTime Hybrid 2020 Fund Class J is a target-date mutual fund designed to support investors with retirement goals near the year 2020. Functioning as a fund of funds, it strategically allocates assets across a diversified mix of underlying Principal Funds, including domestic and international equities, real assets, alternatives, and fixed income investments. As the fund approaches and extends beyond the target retirement date, its allocation gradually shifts toward more conservative holdings, prioritizing capital preservation and income while reducing exposure to higher-risk growth assets. Notable features include a focus on generating both long-term capital growth and current income, a typical minimum investment requirement of $1,000, and an annual expense ratio around 0.50%. The fund regularly adjusts its portfolio composition to match the evolving risk profile of retirees, making it suitable for those seeking a managed glide path through their retirement years. With a substantial asset base and broad diversification, Principal LifeTime Hybrid 2020 Fund Class J plays a significant role in the market by offering a professionally managed, age-appropriate investment solution for retirement-focused individuals.
Fund Family Principal Funds
Category Target-Date 2020
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PHJTX
Share Class Class J
Index S&P Target Date 2020 TR
PHJTX had a total return of 5.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.18%.
