Principal LifeTime Hybrid 2030 Fund R-6 (PLZTX)
| Fund Assets | 1.33B |
| Expense Ratio | 0.33% |
| Min. Investment | $1,000 |
| Turnover | 28.90% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 4.55% |
| Dividend Growth | 60.59% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 14.67 |
| YTD Return | 2.37% |
| 1-Year Return | 14.55% |
| 5-Year Return | 35.35% |
| 52-Week Low | 11.69 |
| 52-Week High | 14.78 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Aug 24, 2015 |
About PLZTX
Principal LifeTime Hybrid 2030 Fund Class R-6 is a target-date mutual fund designed primarily for investors planning to retire around the year 2030. Its central purpose is to deliver long-term growth of capital along with current income by dynamically adjusting its asset allocation as the target date approaches. This fund pursues a diversified investment strategy by allocating assets across a broad array of underlying Principal funds, including large-cap stocks, bonds, international equities, mid- and small-cap stocks, high-yield and inflation-protected securities, and real estate holdings. Over time, the investment mix gradually grows more conservative—favoring fixed income and lower-risk assets—to help manage market and longevity risk for investors nearing retirement. With assets exceeding $1 billion, the fund holds a significant position in the retirement solutions sector, serving both individuals and institutions seeking professional portfolio management for retirement planning. The fund is actively overseen by experienced portfolio managers, and its evolving structure exemplifies the core principles behind target-date funds in helping participants transition into retirement with a balanced risk profile.
Performance
PLZTX had a total return of 14.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.20%.
Top 10 Holdings
101.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 32.97% |
| Principal Bond Market Index Institutional Class | PNIIX | 29.15% |
| Principal International Equity Fund R-6 Class | PIIDX | 15.09% |
| Principal Short-Term Income Fund Institutional Class | PSHIX | 5.35% |
| Principal High Yield Fund Class R-6 | PHYFX | 4.68% |
| Principal Inflation Protection Fund Institutional Class | PIPIX | 3.91% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 3.05% |
| Principal MidCap S&P 400 Index Fund Class R6 | PMAPX | 2.82% |
| Principal SmallCap S&P 600 Index Fund Class R6 | PSPIX | 2.77% |
| Principal Real Estate Securities Fund Class R6 | PFRSX | 1.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.4101 | Dec 31, 2025 |
| Dec 18, 2025 | $0.2589 | Dec 18, 2025 |
| Dec 31, 2024 | $0.3407 | Dec 31, 2024 |
| Dec 19, 2024 | $0.0759 | Dec 19, 2024 |
| Dec 29, 2023 | $0.3352 | Dec 29, 2023 |
| Dec 20, 2023 | $0.0876 | Dec 20, 2023 |