Principal LifeTime 2020 Fund Class A (PTBAX)

Fund Assets	2.06B
Expense Ratio	0.81%
Min. Investment	$1,000
Turnover	27.40%
Dividend (ttm)	0.38
Dividend Yield	2.99%
Dividend Growth	13.89%
Payout Frequency	n/a
Ex-Dividend Date	Dec 31, 2025

Previous Close	12.70
YTD Return	3.01%
1-Year Return	4.60%
5-Year Return	24.46%
52-Week Low	11.98
52-Week High	13.48
Beta (5Y)	0.56
Holdings	23
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.

• Fund Family: Principal Funds
• Category: Target-Date 2020
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PTBAX
• Share Class: Class A
• Index: S&P Target Date 2020 TR

Performance

PTBAX had a total return of 4.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.35%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PLWIX	Institutional Class	0.48%
PLFJX	Class J	0.64%
PTBPX	R-5	0.73%
PTBMX	R-3	1.04%

Top 10 Holdings

89.51% of assets

Name	Symbol	Weight
Principal Core Fixed Income R6	PICNX	26.47%
Principal Short-Term Income Fund Institutional Class	PSHIX	14.18%
Principal International Equity R-6	PIIDX	10.30%
Principal Capital Appreciation Fund Institutional Class	PWCIX	7.80%
Principal High Yield R-6	PHYFX	6.01%
Principal Spectrum Pref&Cptl Scs IncR6	PPREX	5.87%
Principal LargeCap Growth I R6	PLCGX	5.72%
Principal Inflation Protection Fund Institutional Class	PIPIX	5.17%
Principal LargeCap Value Fund III Institutional Class	PLVIX	4.29%
Principal U.S. Mega-Cap ETF	USMC	3.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.378	Dec 31, 2025
Dec 18, 2025	$0.8019	Dec 18, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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