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.
Fund Family Principal Funds
Category Target-Date Retirement
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PLSIX
Share Class Institutional Class
Index S&P Target Date Retirement Income TR
PLSIX had a total return of 4.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.78%.
