Principal LifeTime Hybrid 2060 Fund R-6 (PLKTX)
| Fund Assets | 212.51M |
| Expense Ratio | 0.33% |
| Min. Investment | $0.00 |
| Turnover | 17.40% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 4.41% |
| Dividend Growth | 61.43% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 19.38 |
| YTD Return | -0.97% |
| 1-Year Return | 20.10% |
| 5-Year Return | 52.54% |
| 52-Week Low | 14.93 |
| 52-Week High | 20.47 |
| Beta (5Y) | 0.96 |
| Holdings | 10 |
| Inception Date | Aug 24, 2015 |
About PLKTX
The Principal LifeTime Hybrid 2060 Fund Class R6 is a professionally managed mutual fund designed specifically for investors targeting retirement around the year 2060. As a target date fund, it automatically adjusts its asset allocation over time, starting with a greater emphasis on investments with higher growth potential—primarily equities—and gradually shifting toward a more conservative mix as the target date approaches. Its investment strategy aims for a total return through long-term growth of capital and current income, reflecting the needs of investors saving for retirement in a convenient, single-fund solution. The fund is a 'fund of funds,' meaning it invests in a variety of underlying Principal Funds, including Principal exchange-traded funds (PETF) and index funds, thereby providing broad diversification across multiple asset classes and global markets. This structure reduces single-sector risk and offers exposure to both U.S. and international securities. Principal LifeTime Hybrid 2060 Fund Class R6 plays a critical role in retirement planning by simplifying investment decisions, especially for those who prefer a hands-off approach, and is widely used in employer-sponsored retirement plans for its automatic rebalancing and risk mitigation over time.
Performance
PLKTX had a total return of 20.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.71%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 52.47% |
| Principal International Equity Fund R-6 Class | PIIDX | 25.92% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 6.06% |
| Principal SmallCap S&P 600 Index Fund Class R6 | PSPIX | 4.73% |
| Principal MidCap S&P 400 Index Fund Class R6 | PMAPX | 4.64% |
| Principal Bond Market Index Institutional Class | PNIIX | 2.22% |
| Principal Real Estate Securities Fund Class R6 | PFRSX | 1.93% |
| Principal International Small Company Fund R6 | PFISX | 1.32% |
| Principal High Yield Fund Class R-6 | PHYFX | 0.72% |
| CASH & RECEIVABLES | n/a | -0.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.3957 | Dec 31, 2025 |
| Dec 18, 2025 | $0.4599 | Dec 18, 2025 |
| Dec 31, 2024 | $0.3268 | Dec 31, 2024 |
| Dec 19, 2024 | $0.2032 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2782 | Dec 29, 2023 |
| Dec 20, 2023 | $0.1397 | Dec 20, 2023 |