Principal LifeTime 2060 Fund Class J (PLTAX)
MUTF · Mutual Fund
· Delayed Price · Currency is USD
18.37
+0.12 (0.66%)
Nov 21, 2024, 4:00 PM EST
18.59% (1Y)
| Fund Assets | 1.08B |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000 |
| Turnover | 10.60% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 3.29% |
| Dividend Growth | -45.72% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2023 |
| Previous Close | 18.25 |
| YTD Return | 15.75% |
| 1-Year Return | 23.17% |
| 5-Year Return | 59.23% |
| 52-Week Low | 15.53 |
| 52-Week High | 18.58 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Mar 1, 2013 |
About PLTAX
The fund operates as a "target date fund" that invests according to an asset allocation strategy designed for investors having a retirement investment goal close to the year in 2060. It is a fund of funds and invests in underlying funds of Principal Funds, Inc. ("PFI"). Its underlying funds consist of domestic and foreign equity funds, fixed-income funds, real asset funds, and other funds that aim to offer diversification beyond traditional equity and fixed-income securities.
Fund Family Principal Funds
Category Target-Date 2060+
Performance Rating Below Average
Risk Rating High
Stock Exchange MUTF
Ticker Symbol PLTAX
Index S&P Target Date 2060 TR USD
Performance
PLTAX had a total return of 23.17% in the past year. Since the fund's inception, the average annual return has been 9.28%, including dividends.
Top 10 Holdings
91.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Diversified International R6 | PDIFX | 22.43% |
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 11.76% |
| Principal Blue Chip Fund Class R6 | PGBHX | 11.57% |
| Principal LargeCap Growth Fund I Class R-6 | PLCGX | 11.49% |
| Principal Equity Income Fund Institutional Class | PEIIX | 10.91% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 10.87% |
| Principal SmallCap Fund Class R6 | PSMLX | 4.02% |
| PRINCIPAL MIDCAP FUND Class R6 | PMAQX | 3.42% |
| Principal Core Fixed Income R6 | PICNX | 2.73% |
| Principal Origin Emerging Markets R6 | POEFX | 2.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2023 | $0.2121 | Dec 29, 2023 |
| Dec 20, 2023 | $0.3926 | Dec 20, 2023 |
| Dec 30, 2022 | $0.121 | Dec 30, 2022 |
| Dec 20, 2022 | $0.9931 | Dec 20, 2022 |
| Dec 31, 2021 | $0.4748 | Dec 31, 2021 |
| Dec 20, 2021 | $0.4419 | Dec 20, 2021 |