Principal LifeTime Hybrid 2035 Fund R-6 (PLRTX)
| Fund Assets | 924.91M |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000 |
| Turnover | 21.50% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 4.59% |
| Dividend Growth | 56.52% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 15.90 |
| YTD Return | 2.51% |
| 1-Year Return | 15.68% |
| 5-Year Return | 40.79% |
| 52-Week Low | 12.35 |
| 52-Week High | 16.04 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Aug 24, 2015 |
About PLRTX
Principal LifeTime Hybrid 2035 Fund R-6 is a target date mutual fund designed specifically for individuals planning to retire around the year 2035. Its primary function is to offer a mix of long-term capital growth and current income by dynamically adjusting its asset allocation as the target retirement year approaches. The fund is structured as a fund of funds, investing in a diversified portfolio of underlying Principal-branded equity, fixed income, international, and real asset funds. Early in its life cycle, the fund emphasizes growth assets such as U.S. large-cap equities and international stocks, but it gradually shifts toward more conservative holdings like fixed income securities and cash equivalents as 2035 nears. This glide path approach aims to balance growth potential with risk reduction over time. The fund is most commonly utilized within employer-sponsored retirement plans and serves as an all-in-one solution for investors seeking an automatically rebalancing portfolio that aligns with a projected retirement date. By providing broad diversification and periodic adjustments, it plays a significant role in supporting retirement planning and helping participants work toward their long-term financial goals.
Performance
PLRTX had a total return of 15.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.93%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 38.01% |
| Principal Bond Market Index Institutional Class | PNIIX | 29.89% |
| Principal International Equity Fund R-6 Class | PIIDX | 17.38% |
| Principal High Yield Fund Class R-6 | PHYFX | 4.36% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 3.52% |
| Principal MidCap S&P 400 Index Fund Class R6 | PMAPX | 3.26% |
| Principal SmallCap S&P 600 Index Fund Class R6 | PSPIX | 3.19% |
| Principal Real Estate Securities Fund Class R6 | PFRSX | 2.07% |
| Principal International Small Company Fund R6 | PFISX | 0.93% |
| CASH & RECEIVABLES | n/a | -2.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.4188 | Dec 31, 2025 |
| Dec 18, 2025 | $0.3131 | Dec 18, 2025 |
| Dec 31, 2024 | $0.3559 | Dec 31, 2024 |
| Dec 19, 2024 | $0.1117 | Dec 19, 2024 |
| Dec 29, 2023 | $0.3272 | Dec 29, 2023 |
| Dec 20, 2023 | $0.1136 | Dec 20, 2023 |