Principal LifeTime 2020 J (PLFJX)
| Fund Assets | 2.06B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 27.40% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 6.71% |
| Dividend Growth | 48.10% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 13.11 |
| YTD Return | 10.60% |
| 1-Year Return | 14.41% |
| 5-Year Return | 37.19% |
| 52-Week Low | 11.37 |
| 52-Week High | 13.15 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Jun 15, 2001 |
About PLFJX
Principal LifeTime 2020 Fund is a target date mutual fund designed for individuals planning to retire near the year 2020. The fund follows a diversified asset allocation strategy, adjusting over time to become more conservative as the retirement date approaches. Its portfolio consists of underlying Principal-managed funds spanning domestic and international equities, fixed-income, and real asset investments, providing broad market exposure for investors seeking both growth and income. The fund is managed as a fund of funds, including significant allocations to core fixed income, short-term income, and major U.S. equity segments, as well as inflation-protected and high yield bonds. Principal LifeTime 2020 Fund plays a significant role for investors seeking a professionally managed, all-in-one retirement solution that automatically adjusts its risk profile as retirement nears. Backed by experienced portfolio managers, this fund aims to offer a balanced approach tailored to investors close to the target retirement date, supporting their transition from asset growth to income preservation and stability in later years.
Performance
PLFJX had a total return of 14.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.64%.
Top 10 Holdings
91.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income R6 | PICNX | 32.12% |
| Principal Short-Term Income Inst | PSHIX | 13.19% |
| Principal International Equity R-6 | PIIDX | 11.08% |
| Principal High Yield R-6 | PHYFX | 5.67% |
| Principal Large Cap S&P 500 Index Inst | PLFIX | 5.42% |
| Principal Inflation Protection Inst | PIPIX | 5.06% |
| Principal LargeCap Growth I R6 | PLCGX | 4.97% |
| Principal Blue Chip R6 | PGBHX | 4.69% |
| Principal Equity Income Fund | PEIIX | 4.61% |
| Principal Large Cap Value III Inst | PLVIX | 4.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.3539 | Dec 31, 2024 |
| Dec 19, 2024 | $0.5282 | Dec 19, 2024 |
| Dec 29, 2023 | $0.3288 | Dec 29, 2023 |
| Dec 20, 2023 | $0.2668 | Dec 20, 2023 |
| Dec 30, 2022 | $0.2769 | Dec 30, 2022 |
| Dec 20, 2022 | $0.8048 | Dec 20, 2022 |