Principal LifeTime Strategic Inc R3 (PLSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.85
-0.03 (-0.25%)
At close: Jul 8, 2026
Fund Assets731.17M
Expense Ratio1.04%
Min. Investment$0.00
Turnover26.70%
Dividend (ttm)0.16
Dividend Yield1.46%
Dividend Growth28.47%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 31, 2025
Previous Close11.88
YTD Return3.48%
1-Year Return8.25%
5-Year Return17.24%
52-Week Low11.23
52-Week High12.10
Beta (5Y)0.31
Holdings19
Inception DateMar 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.

Fund Family Principal Funds
Category Target-Date Retirement
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PLSMX
Share Class R-3
Index S&P Target Date Retirement Income TR

Performance

PLSMX had a total return of 8.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PLSIXInstitutional Class0.46%
PLSJXClass J0.64%
PLSPXR-50.73%
PALTXClass A0.84%

Top 10 Holdings

91.37% of assets
NameSymbolWeight
Principal Core Fixed Income R6PICNX33.73%
Principal Short-Term Income Fund Institutional ClassPSHIX16.40%
Principal LargeCap S&P 500 Index Fund Institutional ClassPLFIX10.18%
Principal International Equity R-6PIIDX9.06%
Principal High Yield R-6PHYFX6.35%
Principal Inflation Protection Fund Institutional ClassPIPIX5.60%
Principal Glb Emerging Markets R6PIIMX2.65%
Principal Equity Income Fund Institutional ClassPEIIX2.61%
Principal LargeCap Value Fund III Institutional ClassPLVIX2.44%
Principal LargeCap Growth I R6PLCGX2.35%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 31, 2025$0.3413Dec 31, 2025
Dec 18, 2025$0.2597Dec 18, 2025
Dec 31, 2024$0.3072Dec 31, 2024
Dec 19, 2024$0.1606Dec 19, 2024
Dec 29, 2023$0.234Dec 29, 2023
Dec 30, 2022$0.221Dec 30, 2022
Full Dividend History