Principal LifeTime Strategic Inc R3 (PLSMX)
| Fund Assets | 732.16M |
| Expense Ratio | 1.08% |
| Min. Investment | $1,000 |
| Turnover | 26.70% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.46% |
| Dividend Growth | 99.91% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 11.75 |
| YTD Return | 7.00% |
| 1-Year Return | 8.68% |
| 5-Year Return | 19.12% |
| 52-Week Low | 10.61 |
| 52-Week High | 11.89 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Mar 1, 2001 |
About PLSMX
Principal LifeTime Strategic Income Fund R-3 Class is a mutual fund designed to meet the needs of investors who are in or approaching retirement. As a target-date retirement fund, it primarily seeks to provide current income, with capital appreciation as a secondary objective. The fund operates as a fund of funds, allocating its assets across a diversified selection of underlying Principal Funds and Principal Exchange-Traded Funds (ETFs). These underlying funds encompass a broad mix of domestic and international equities, fixed-income instruments, and real assets, ensuring exposure to multiple sectors and asset classes as part of a strategy intended for conservative income generation later in life. The fund regularly adjusts its allocations to maintain a portfolio suitable for individuals approximately ten years past normal retirement age, favoring more conservative investments as participants age. Notably, its largest holdings are in core fixed-income and short-term income funds, complemented by allocations to equity and inflation-protection funds. Managed by a team of experienced professionals, the fund plays a significant role in retirement planning by offering a balance of income and risk management to those focused on asset preservation during their retirement years.
Performance
PLSMX had a total return of 8.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.79%.
Top 10 Holdings
92.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income R6 | PICNX | 34.46% |
| Principal Short-Term Income Inst | PSHIX | 16.75% |
| Principal International Equity R-6 | PIIDX | 9.32% |
| Principal High Yield R-6 | PHYFX | 6.40% |
| Principal Inflation Protection Inst | PIPIX | 5.72% |
| Principal Large Cap S&P 500 Index Inst | PLFIX | 4.28% |
| Principal LargeCap Growth I R6 | PLCGX | 4.22% |
| Principal Blue Chip R6 | PGBHX | 4.12% |
| Principal Equity Income Fund | PEIIX | 3.83% |
| Principal Large Cap Value III Inst | PLVIX | 3.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.3072 | Dec 31, 2024 |
| Dec 19, 2024 | $0.1606 | Dec 19, 2024 |
| Dec 29, 2023 | $0.234 | Dec 29, 2023 |
| Dec 30, 2022 | $0.221 | Dec 30, 2022 |
| Dec 20, 2022 | $0.2451 | Dec 20, 2022 |
| Dec 31, 2021 | $0.271 | Dec 31, 2021 |