About PHTMX
Principal LifeTime Hybrid 2015 Fund Institutional Class is a target-date mutual fund designed primarily for investors nearing or recently entering retirement around 2015. Its primary purpose is to offer a balanced approach to asset growth and income, seeking a total return through both long-term capital appreciation and current income. This fund employs a fund-of-funds structure, investing predominantly in various underlying Principal Funds—including domestic and foreign equity funds, fixed-income funds, and real asset funds—to ensure broad diversification across different asset classes. As the fund approaches and passes its target date, the asset allocation becomes increasingly conservative, shifting towards safer, income-generating securities to help preserve capital and support gradual withdrawals. The fund's investment mix is systematically rebalanced for up to a decade beyond the target date, aligning with the retirement drawdown needs of its investors. With notable exposure to bonds, large-cap equities, and inflation-protected securities, this fund plays a significant role in retirement planning by managing risk and helping to provide income in the post-retirement period. The Principal LifeTime Hybrid 2015 Fund is a key solution for individuals seeking a professionally managed, diversified portfolio tailored to retirement income needs.
Fund Family Principal Funds
Category Target-Date 2015
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PHTMX
Share Class Institutional Class
Index S&P Target Date 2015 TR
PHTMX had a total return of 11.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.74%.
