Principal LifeTime Strategic Inc Instl (PLSIX)
| Fund Assets | 731.17M |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000 |
| Turnover | 26.70% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.45% |
| Dividend Growth | 85.90% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 12.11 |
| YTD Return | 9.28% |
| 1-Year Return | 9.15% |
| 5-Year Return | 23.30% |
| 52-Week Low | 10.72 |
| 52-Week High | 12.15 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Mar 1, 2001 |
About PLSIX
Principal LifeTime Strategic Income Fund Institutional Class is a target-date mutual fund designed primarily to provide current income, with a secondary focus on capital appreciation. It operates as a fund of funds, investing in a diversified mix of underlying Principal funds, including domestic and international equities, fixed-income, high yield, and real asset funds. This broad diversification is intended to offer stability and income for retirees, particularly for those who are approximately ten years past the traditional retirement age. The fund’s asset allocation is constructed to become more conservative over time, focusing on capital preservation and lower volatility as investors age. Top holdings are predominantly in core fixed income and short-term income funds, complemented by exposure to equities and inflation protection assets, aligning with its focus on generating consistent income while managing risk. Managed by a team of experienced professionals, the fund plays a notable role in retirement planning by aiming to support sustained withdrawals throughout retirement while maintaining a measured approach to growth and market fluctuations.
Performance
PLSIX had a total return of 9.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.73%.
Top 10 Holdings
92.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income R6 | PICNX | 34.29% |
| Principal Short-Term Income Inst | PSHIX | 16.63% |
| Principal International Equity R-6 | PIIDX | 9.46% |
| Principal High Yield R-6 | PHYFX | 6.35% |
| Principal Inflation Protection Inst | PIPIX | 5.72% |
| Principal Large Cap S&P 500 Index Inst | PLFIX | 4.30% |
| Principal LargeCap Growth I R6 | PLCGX | 4.15% |
| Principal Blue Chip R6 | PGBHX | 4.02% |
| Principal Equity Income Fund | PEIIX | 3.90% |
| Principal Large Cap Value III Inst | PLVIX | 3.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.364 | Dec 31, 2024 |
| Dec 19, 2024 | $0.1606 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2822 | Dec 29, 2023 |
| Dec 30, 2022 | $0.2862 | Dec 30, 2022 |
| Dec 20, 2022 | $0.2451 | Dec 20, 2022 |
| Dec 31, 2021 | $0.3473 | Dec 31, 2021 |