Principal LifeTime Hybrid 2055 R6 (PLHTX)
| Fund Assets | 380.38M |
| Expense Ratio | 0.39% |
| Min. Investment | $0.00 |
| Turnover | 16.80% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 2.66% |
| Dividend Growth | 24.62% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 19.58 |
| YTD Return | 19.38% |
| 1-Year Return | 14.91% |
| 5-Year Return | 66.08% |
| 52-Week Low | 14.40 |
| 52-Week High | 19.59 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Aug 24, 2015 |
About PLHTX
Principal LifeTime Hybrid 2055 Fund R-6 is a target-date mutual fund developed for investors seeking to align their retirement savings goals with an anticipated retirement year close to 2055. As a fund of funds, it strategically allocates capital across a variety of underlying Principal Exchange-Traded Funds and Principal Funds, Inc., with a majority held in index funds. The fund’s asset allocation starts with a growth-oriented mix of equities and, as the target date approaches, gradually transitions to a more conservative blend, increasing fixed income and similar assets. This dynamic glide path is designed to balance growth potential with risk management as investors near and enter retirement. The fund serves as a comprehensive solution for long-term retirement investors, offering annual dividends and automatic rebalancing as part of its structure. While the fund aims for long-term capital appreciation and current income, neither the principal nor returns are guaranteed at any time. Managed by Principal Global Investors, the fund plays a significant role in retirement planning by simplifying investment decisions for participants in workplace and individual retirement plans through a professionally managed, age-appropriate asset allocation strategy.
Performance
PLHTX had a total return of 14.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.27%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 55.21% |
| Principal International Equity R-6 | PIIDX | 24.37% |
| Principal Glb Emerging Markets R6 | PIIMX | 5.12% |
| Principal MidCap S&P 400 Index R6 | PMAPX | 4.59% |
| Principal SmallCap S&P 600 Index R6 | PSPIX | 4.51% |
| Principal Bond Market Index Institutional Class | PNIIX | 2.28% |
| Principal Real Estate Securities Fd R6 | PFRSX | 1.94% |
| Principal International Small Company R6 | PFISX | 1.26% |
| Principal High Yield R-6 | PHYFX | 0.73% |
| CASH & RECEIVABLES | n/a | -0.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.3175 | Dec 31, 2024 |
| Dec 19, 2024 | $0.2044 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2706 | Dec 29, 2023 |
| Dec 20, 2023 | $0.1482 | Dec 20, 2023 |
| Dec 30, 2022 | $0.187 | Dec 30, 2022 |
| Dec 20, 2022 | $0.9525 | Dec 20, 2022 |