About PLTYX
Principal LifeTime Hybrid Income Fund is a target-date retirement mutual fund designed to prioritize **current income** with **capital appreciation** as a secondary objective. It operates as a **fund of funds**, allocating primarily to index-based underlying strategies from Principal Exchange-Traded Funds and Principal Funds to keep broad, efficient exposure across asset classes. Its diversified mix spans **U.S. and international equities, core and short‑term fixed income, high yield, inflation‑protected securities, real assets, and real estate**, seeking balance beyond traditional stock-bond portfolios. The asset allocation is calibrated for investors who are roughly **10 years past the standard retirement age**, positioning the portfolio on the conservative end of the glide path while maintaining measured growth potential. The fund tracks its results against the **S&P Target Date Retirement Income Index** and sits within the **Target-Date Retirement** category, reflecting its income-oriented posture for the decumulation phase. Key underlying exposures include a broad **Bond Market Index**, **LargeCap S&P 500 Index**, **Short‑Term Income**, **International Equity**, **High Yield**, and **Inflation Protection** strategies, illustrating its multi-asset core anchored by fixed income and large-cap equities.
Fund Family Principal Funds
Category Target-Date Retirement
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PLTYX
Share Class R-6
Index S&P Target Date Retirement Income TR
PLTYX had a total return of 11.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.83%.
