Principal LifeTime 2065 R5 (PLJEX)
| Fund Assets | 272.89M |
| Expense Ratio | 0.94% |
| Min. Investment | $0.00 |
| Turnover | 36.60% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 3.21% |
| Dividend Growth | 17.35% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 16.24 |
| YTD Return | 14.28% |
| 1-Year Return | 17.42% |
| 5-Year Return | 72.83% |
| 52-Week Low | 12.55 |
| 52-Week High | 16.24 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Sep 6, 2017 |
About PLJEX
Principal LifeTime 2065 Fund Class R-5 is a target-date mutual fund designed to help investors save for retirement with an intended investment horizon around the year 2065. This fund primarily serves individuals planning for long-term retirement goals, automatically adjusting its asset allocation to become more conservative as it approaches and passes the target year. Structured as a fund of funds, it diversifies investments across domestic and international equities, fixed-income securities, and real asset funds by investing in a range of underlying Principal Exchange-Traded Funds and Principal Funds, Inc. products. This broad diversification aims to balance growth and risk during the accumulation years and gradually shift toward capital preservation closer to retirement. Managed by an experienced team, the fund regularly rebalances its holdings to align with its strategic glide path, ensuring the investment mix evolves to reflect the changing risk tolerance of investors over time. The Principal LifeTime 2065 Fund Class R-5 plays a pivotal role in employer-sponsored retirement plans and is a typical option for participants seeking a hands-off, all-in-one retirement investment solution tailored to a specific future date.
Performance
PLJEX had a total return of 17.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.20%.
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 | $0.1987 | Dec 31, 2024 |
| Dec 19, 2024 | $0.3201 | Dec 19, 2024 |
| Dec 29, 2023 | $0.185 | Dec 29, 2023 |
| Dec 20, 2023 | $0.2571 | Dec 20, 2023 |
| Dec 30, 2022 | $0.1144 | Dec 30, 2022 |
| Dec 20, 2022 | $0.5976 | Dec 20, 2022 |