Principal LifeTime 2020 A (PTBAX)
| Fund Assets | 2.06B |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000 |
| Turnover | 27.40% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 6.17% |
| Dividend Growth | 51.51% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 13.37 |
| YTD Return | 10.46% |
| 1-Year Return | 14.19% |
| 5-Year Return | 35.99% |
| 52-Week Low | 11.60 |
| 52-Week High | 13.41 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Jun 28, 2005 |
About PTBAX
Principal LifeTime 2020 Fund Class A is a target date mutual fund designed to provide a diversified investment solution for individuals approaching or in retirement around the year 2020. Its primary function is to deliver a total return by balancing long-term capital growth and current income through a dynamic allocation strategy. The fund achieves broad diversification by investing in a mix of underlying funds managed by Principal, encompassing domestic and international equities, a wide range of fixed income securities, and real asset funds. As investors near their target retirement date, the portfolio gradually shifts toward a more conservative allocation, increasing its emphasis on income-producing and lower-volatility assets while reducing equity exposure. This design supports retirees’ changing risk tolerance over time. The fund appeals to investors seeking a professionally managed, all-in-one retirement solution that regularly rebalances its holdings according to a predetermined glide path. By pooling assets and leveraging experienced management, Principal LifeTime 2020 Fund Class A plays a significant role in the retirement planning landscape, offering broad market exposure, systematic risk reduction, and efficiency for retirement-focused investors.
Performance
PTBAX had a total return of 14.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.44%.
Top 10 Holdings
91.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income R6 | PICNX | 32.12% |
| Principal Short-Term Income Inst | PSHIX | 13.19% |
| Principal International Equity R-6 | PIIDX | 11.08% |
| Principal High Yield R-6 | PHYFX | 5.67% |
| Principal Large Cap S&P 500 Index Inst | PLFIX | 5.42% |
| Principal Inflation Protection Inst | PIPIX | 5.06% |
| Principal LargeCap Growth I R6 | PLCGX | 4.97% |
| Principal Blue Chip R6 | PGBHX | 4.69% |
| Principal Equity Income Fund | PEIIX | 4.61% |
| Principal Large Cap Value III Inst | PLVIX | 4.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.3319 | Dec 31, 2024 |
| Dec 19, 2024 | $0.5282 | Dec 19, 2024 |
| Dec 29, 2023 | $0.3009 | Dec 29, 2023 |
| Dec 20, 2023 | $0.2668 | Dec 20, 2023 |
| Dec 30, 2022 | $0.2543 | Dec 30, 2022 |
| Dec 20, 2022 | $0.8048 | Dec 20, 2022 |