About PLJIX
Principal LifeTime 2065 Fund Institutional Class is a target-date mutual fund designed to align with the retirement goals of investors planning to begin withdrawals around the year 2065. The fund utilizes a fund-of-funds structure, allocating assets among underlying Principal funds, which include a diversified mix of domestic and international equity, fixed-income, and real asset funds. Its asset allocation strategy is dynamic—starting with a heavier emphasis on growth-oriented investments, such as equities, and gradually shifting toward more conservative holdings as the target retirement date approaches. This glide path aims to balance capital appreciation potential in the early years with increased income and stability closer to retirement. The fund is actively managed by an experienced team, who adjust allocations periodically to reflect market conditions and the evolving investment horizon. As of recent data, the fund held assets totaling over $230 million and reports an annual dividend distribution. The Principal LifeTime 2065 Fund Institutional Class is recognized for its role in retirement planning, serving investors seeking a one-stop, professionally managed investment solution tailored to a specific retirement timeline.
Fund Family Principal Funds
Category Target-Date 2065+
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PLJIX
Share Class Institutional Class
Index S&P Target Date 2065+ TR
PLJIX had a total return of 13.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.75%.
