Principal LifeTime 2050 Fund Institutional Class (PPLIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.50
-0.03 (-0.16%)
Jul 18, 2025, 4:00 PM EDT
-0.16%
Fund Assets3.27B
Expense Ratio0.67%
Min. Investment$0.00
Turnover37.10%
Dividend (ttm)1.11
Dividend Yield6.02%
Dividend Growth58.58%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 31, 2024
Previous Close18.53
YTD Return9.21%
1-Year Return18.11%
5-Year Return74.41%
52-Week Low15.05
52-Week High18.88
Beta (5Y)n/a
Holdings16
Inception DateMar 1, 2001

About PPLIX

Principal LifeTime 2050 Fund Institutional Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2050. The fund employs a diversified, multi-asset approach by investing in a mix of underlying funds, which span domestic and international equities, fixed income, and real assets. This "fund of funds" structure allows for broad exposure across both growth and income-producing asset classes, seeking to achieve a balance between long-term capital appreciation and current income. The asset allocation strategy automatically becomes more conservative as the target retirement date approaches, gradually increasing fixed income exposure and reducing riskier equity holdings, following a predetermined glide path to manage risk over time. With more than $3.2 billion in assets, the fund’s top holdings include large-cap US equities, international equities, and fixed income instruments, reflecting its objective of broad diversification and risk management for retirement savers. The fund is managed by an experienced team and benchmarks its performance against the S&P Target Date 2050 Index. As an institutional share class, it is tailored for investors seeking a professionally managed portfolio aligned with long-term retirement goals.

Fund Family Principal Funds
Category Target-Date 2050
Stock Exchange NASDAQ
Ticker Symbol PPLIX
Share Class Institutional Class
Index S&P Target Date 2050 TR

Performance

PPLIX had a total return of 18.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.19%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PFLJXClass J0.91%
PTEFXR-50.92%
PPEAXClass A1.04%
PTERXR-31.23%

Top 10 Holdings

92.28% of assets
NameSymbolWeight
Principal International Equity Fund R-6 ClassPIIDX25.73%
Principal LargeCap S&P 500 Index Fund Institutional ClassPLFIX11.34%
Principal LargeCap Growth Fund I Class R-6PLCGX11.33%
Principal Blue Chip Fund Class R6PGBHX10.91%
Principal Equity Income Fund Institutional ClassPEIIX10.42%
Principal LargeCap Value Fund III Institutional ClassPLVIX10.26%
Principal Core Fixed Income R6PICNX3.72%
Principal SmallCap R6PSMLX3.45%
Principal Global Emerging Markets Fund Class R6PIIMX2.73%
Principal Small-MidCap Dividend Income Fund R6PMDHX2.40%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 31, 2024$0.2694Dec 31, 2024
Dec 19, 2024$0.8446Dec 19, 2024
Dec 29, 2023$0.2688Dec 29, 2023
Dec 20, 2023$0.4337Dec 20, 2023
Dec 30, 2022$0.1779Dec 30, 2022
Dec 20, 2022$1.1224Dec 20, 2022
Full Dividend History