About PHTUX
Principal LifeTime Hybrid 2050 Fund Institutional Class is a target-date mutual fund designed to help investors plan for retirement around the year 2050. As a fund of funds, it primarily invests in a diversified mix of underlying Principal mutual funds, which include domestic and foreign equities, fixed income, real estate securities, and alternative investments. The allocation among these asset classes is actively managed and follows a glide path, meaning the portfolio gradually shifts from higher-risk, growth-oriented investments toward more conservative assets as the target retirement date approaches. This strategy aims to balance long-term capital appreciation with current income needs, adapting the risk profile as participants near retirement.
The fund is commonly used within workplace retirement plans, offering investors a simplified investment solution tailored to a specific time horizon. Notable characteristics include a broad diversification, systematic allocation adjustments, and annual or semi-annual dividend distributions. The Principal LifeTime Hybrid 2050 Fund Institutional Class is benchmarked against the S&P Target Date 2050 Index and is categorized within the Target-Date 2050 Morningstar grouping, providing investors with a vehicle that aligns risk and return with their retirement timeline.
Fund Family Principal Funds
Category Target-Date 2050
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PHTUX
Share Class Institutional Class
Index S&P Target Date 2050 TR
PHTUX had a total return of 20.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.71%.
