Principal LifeTime 2020 Fund R-3 Class (PTBMX)
| Fund Assets | 2.06B |
| Expense Ratio | 1.10% |
| Min. Investment | $0.00 |
| Turnover | 27.40% |
| Dividend (ttm) | 1.15 |
| Dividend Yield | 9.41% |
| Dividend Growth | 37.32% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 12.16 |
| YTD Return | 1.84% |
| 1-Year Return | 10.63% |
| 5-Year Return | 20.85% |
| 52-Week Low | 10.34 |
| 52-Week High | 12.22 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Mar 1, 2001 |
About PTBMX
Principal LifeTime 2020 Fund R-3 Class is a target-date mutual fund designed for investors nearing or entering retirement around the year 2020. As a target-date portfolio, its primary objective is to balance long-term capital growth with current income by gradually transitioning its asset allocation to a more conservative mix as the target date approaches and passes. The fund achieves diversification by investing in a broad array of underlying Principal equity, fixed-income, and real asset funds, providing exposure to both domestic and international markets. This strategic allocation seeks to offer investors a blend of growth and income, aligning with the shifting risk tolerance and income needs typical of those in or near retirement. The fund’s role in the financial market centers on offering a professionally managed, diversified solution for retirement planning, leveraging asset allocation changes that automatically adjust over time to help manage risk. While offering annual dividends and following a preset glide path, the fund remains subject to market risks and expenses typical of mutual funds.
Performance
PTBMX had a total return of 10.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.19%.
Top 10 Holdings
94.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal Core Fixed Income Fund Class R-6 | PICNX | 33.75% |
| Principal Short-Term Income Fund Institutional Class | PSHIX | 14.23% |
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 12.10% |
| Principal International Equity Fund R-6 Class | PIIDX | 11.12% |
| Principal High Yield Fund Class R-6 | PHYFX | 6.05% |
| Principal Inflation Protection Fund Institutional Class | PIPIX | 5.33% |
| Principal Equity Income Fund Institutional Class | PEIIX | 3.12% |
| Principal LargeCap Growth Fund I Class R-6 | PLCGX | 2.98% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 2.90% |
| Principal Blue Chip Fund Class R6 | PGBHX | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.3453 | Dec 31, 2025 |
| Dec 18, 2025 | $0.8019 | Dec 18, 2025 |
| Dec 31, 2024 | $0.3072 | Dec 31, 2024 |
| Dec 19, 2024 | $0.5282 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2758 | Dec 29, 2023 |
| Dec 20, 2023 | $0.2668 | Dec 20, 2023 |