Principal LifeTime 2065 R3 (PLJCX)
| Fund Assets | 272.89M |
| Expense Ratio | 1.25% |
| Min. Investment | $0.00 |
| Turnover | 36.60% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 2.93% |
| Dividend Growth | 14.45% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 16.07 |
| YTD Return | 14.33% |
| 1-Year Return | 17.42% |
| 5-Year Return | 70.75% |
| 52-Week Low | 12.49 |
| 52-Week High | 16.14 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Sep 6, 2017 |
About PLJCX
Principal LifeTime 2065 Fund, Class R-3 is a target date mutual fund designed for investors planning to retire around the year 2065. As a target date fund, its primary function is to provide a diversified investment strategy that automatically adjusts the asset allocation over time, shifting from a focus on growth-oriented equity investments in the early years toward more conservative, income-generating assets as the target retirement date approaches. This fund employs a fund-of-funds structure, investing in a mix of underlying Principal Funds, including domestic and international equity funds, fixed-income funds, and real asset funds, aiming to achieve broad diversification beyond traditional securities. The fund seeks a total return through long-term capital appreciation and current income, serving individuals looking to simplify retirement saving by aligning risk and return profiles to their expected retirement timeline. Its role in the financial market is to offer an all-in-one retirement solution for plan participants, particularly within employer-sponsored retirement plans, by dynamically managing portfolio risk as investors progress toward retirement.
Performance
PLJCX had a total return of 17.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.90%.
Top 10 Holdings
92.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal International Equity R-6 | PIIDX | 25.44% |
| Principal Large Cap S&P 500 Index Inst | PLFIX | 11.60% |
| Principal LargeCap Growth I R6 | PLCGX | 11.56% |
| Principal Blue Chip R6 | PGBHX | 11.30% |
| Principal Equity Income Fund | PEIIX | 10.53% |
| Principal Large Cap Value III Inst | PLVIX | 10.35% |
| Principal SmallCap R6 | PSMLX | 3.68% |
| Principal Glb Emerging Markets R6 | PIIMX | 2.80% |
| Principal Core Fixed Income R6 | PICNX | 2.62% |
| Principal Small-MidCap Dividend Inc R6 | PMDHX | 2.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.1505 | Dec 31, 2024 |
| Dec 19, 2024 | $0.3201 | Dec 19, 2024 |
| Dec 29, 2023 | $0.1541 | Dec 29, 2023 |
| Dec 20, 2023 | $0.2571 | Dec 20, 2023 |
| Dec 30, 2022 | $0.0789 | Dec 30, 2022 |
| Dec 20, 2022 | $0.5976 | Dec 20, 2022 |