Principal LifeTime Hybrid 2070 J (PLKJX)
| Fund Assets | 10.97M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.20% |
| Dividend Growth | 60.01% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 15.35 |
| YTD Return | 18.76% |
| 1-Year Return | 14.16% |
| 5-Year Return | n/a |
| 52-Week Low | 11.31 |
| 52-Week High | 15.35 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Mar 1, 2023 |
About PLKJX
Principal LifeTime Hybrid 2070 Fund J is a target-date mutual fund designed to help investors prepare for retirement, with a time horizon aimed at those expecting to retire around the year 2070. The fund’s primary function is to deliver long-term capital growth and current income by employing an asset allocation strategy that automatically adjusts as the anticipated retirement year approaches. Operated as a fund of funds, it primarily invests in a diverse mix of Principal-affiliated index and actively managed funds spanning domestic and international equities, fixed income, real estate, and emerging markets. The fund holds notable weightings in large-cap U.S. stocks, international equities, mid-cap and small-cap U.S. equities, as well as bond and real asset funds, providing broad diversification to support long-term accumulation goals. Principal LifeTime Hybrid 2070 Fund J plays a significant role in the financial market by serving as a comprehensive, professionally managed solution for individuals seeking a hands-off approach to retirement investing, tailored to evolve in risk profile as the target retirement date nears.
Performance
PLKJX had a total return of 14.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.13%.
Top 10 Holdings
99.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 55.28% |
| Principal International Equity R-6 | PIIDX | 25.10% |
| Principal MidCap S&P 400 Index R6 | PMAPX | 5.10% |
| Principal SmallCap S&P 600 Index R6 | PSPIX | 4.45% |
| Principal Bond Market Index Institutional Class | PNIIX | 2.79% |
| Principal Glb Emerging Markets R6 | PIIMX | 2.77% |
| Principal Real Estate Securities Fd R6 | PFRSX | 2.12% |
| Principal International Small Company R6 | PFISX | 1.45% |
| Principal High Yield R-6 | PHYFX | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.2373 | Dec 31, 2024 |
| Dec 19, 2024 | $0.100 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2007 | Dec 29, 2023 |
| Dec 20, 2023 | $0.0101 | Dec 20, 2023 |