About PHTFX
Principal LifeTime Hybrid Income Fund Institutional Class is a target-date retirement mutual fund designed to prioritize current income while seeking secondary capital appreciation. It operates as a fund of funds, allocating primarily to underlying index and active strategies from Principal across domestic and international equities, core and short-term fixed income, high yield, inflation-protected securities, and real assets to provide broad diversification beyond traditional stocks and bonds. The portfolio’s glidepath is calibrated for investors roughly ten years beyond typical retirement age, emphasizing a more conservative mix with substantial exposure to bond and short-duration income funds alongside large-cap equities. Notable underlying allocations include bond market index, large-cap equity index, short-term income, international equity, high yield, and inflation protection funds, reflecting a balanced income-oriented approach. The fund benchmarks to the S&P Target Date Retirement Income Index and distributes dividends on a periodic schedule, aligning with its income objective. By packaging diversified asset classes in a single vehicle, it serves as a turnkey solution for retirement-phase portfolios seeking stability, income generation, and measured equity participation.
Fund Family Principal Funds
Category Target-Date Retirement
Stock Exchange NASDAQ
Ticker Symbol PHTFX
Share Class Institutional Class
Index S&P Target Date Retirement Income TR
PHTFX had a total return of 11.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.16%.
