About PLSPX
Principal LifeTime Strategic Income Fund R-5 Class is an open-end mutual fund designed as a fund of funds, primarily targeting current income and, secondarily, capital appreciation. Pursuing a diversified approach, it invests across underlying mutual funds managed by Principal Funds and affiliated managers, covering a broad mix of asset classes including domestic and international equities, a substantial allocation to fixed income, real assets, and alternative investment strategies. Notably, bonds represent the largest segment of its holdings, making the fund suitable for investors seeking income-focused and relatively conservative exposure. The asset allocation is tailored for individuals who are approximately a decade past the traditional retirement age, seeking stability with modest growth potential. Through its multi-manager, multi-asset structure, the fund helps provide diversification beyond traditional stock and bond allocations, contributing to a lower overall risk profile. Established in 2001, Principal LifeTime Strategic Income Fund R-5 Class plays a significant role in the target-date and retirement-income segment of the market, particularly in institutional retirement plans and accounts focused on post-retirement income management.
Fund Family Principal Funds
Category Target-Date Retirement
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PLSPX
Share Class R-5
Index S&P Target Date Retirement Income TR
PLSPX had a total return of 3.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.12%.
