About PLTNX
Principal LifeTime Hybrid 2055 Fund Institutional Class is a target-date mutual fund designed primarily to support investors aiming for retirement around the year 2055. Serving as a fund of funds, it invests predominantly in underlying Principal Exchange-Traded Funds and Principal Funds, Inc., with a significant allocation to index funds. The fund’s asset allocation adapts over time, shifting from higher-risk growth-oriented investments, such as equities, toward more conservative, income-generating assets as the target date approaches. This rebalancing strategy aims to provide investors with both long-term capital appreciation and current income, in line with the needs of a retirement timeline. The fund impacts multiple sectors by offering broad, diversified exposure to domestic and international equities as well as fixed income and real estate securities. Its structure and glide path are designed to optimize return and risk based on a specific retirement goal, making it a common option in defined contribution retirement plans such as 401(k)s. With its lifecycle approach, the fund plays a key role in helping participants simplify their investment decisions and manage risk as they progress toward retirement.
Fund Family Principal Funds
Category Target-Date 2055
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PLTNX
Share Class Institutional Class
Index S&P Target Date 2055 TR
PLTNX had a total return of 15.09% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.56%.
