About PHTTX
Principal LifeTime Hybrid 2020 Fund Institutional Class is a target-date mutual fund designed to deliver a blend of long‑term capital growth and current income for investors near or in retirement around 2020. The fund follows a fund‑of‑funds approach, allocating primarily to Principal Funds index strategies across U.S. large‑cap equities, international equities, core and short‑term fixed income, high yield, and inflation‑protected securities, with additional exposure to real estate and emerging markets to enhance diversification. Its glide path maintains a more conservative mix post‑2020, emphasizing bond market exposure alongside equity index funds to balance income needs with residual growth potential. As of mid‑2025, notable underlying allocations include Bond Market Index, LargeCap S&P 500 Index, Short‑Term Income, International Equity, High Yield, and Inflation Protection funds, reflecting a diversified, predominantly index‑oriented construction. The fund is benchmarked to the S&P Target Date 2020 Index and is managed by an experienced multi‑manager team within Principal Funds. It serves as a core retirement solution for investors seeking an age‑appropriate, systematically rebalanced portfolio beyond the target date.
Fund Family Principal Funds
Category Target-Date 2020
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PHTTX
Share Class Institutional Class
Index S&P Target Date 2020 TR
PHTTX had a total return of 5.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.30%.
