About PHTJX
Principal LifeTime Hybrid 2035 Fund Institutional Class is a mutual fund designed for retirement-focused investors targeting approximately the year 2035. As a target date fund, its core purpose is to deliver a total return consisting of both long-term capital growth and current income, with the asset allocation dynamically adjusted as the target date approaches. The fund uses a fund-of-funds structure, primarily investing in a diversified mix of Principal Exchange-Traded Funds (PETF) and Principal Funds, Inc. (PFI), with significant allocations to large-cap equities, fixed income securities, and international markets. Notable holdings include large-cap U.S. stock index funds, bond market indices, international equity funds, and exposure to sectors like real estate and emerging markets. Over time, the fund becomes progressively more conservative, shifting its allocation towards bonds and other lower-risk assets to help preserve capital in the years surrounding and following retirement. The Principal LifeTime Hybrid 2035 Fund plays an important role in the retirement planning landscape by offering professionally managed diversification and automatic portfolio adjustments aligned with investors' changing risk profiles as they age.
Fund Family Principal Funds
Category Target-Date 2035
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PHTJX
Share Class Institutional Class
Index S&P Target Date 2035 TR
PHTJX had a total return of 9.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.51%.
