About PTBPX
Principal LifeTime 2020 Fund R-5 Class is a target date mutual fund designed to serve investors who are approaching or have recently reached retirement, with a focus on balancing long-term growth and current income. This fund follows an asset allocation strategy that automatically becomes more conservative as the target date of 2020 approaches and passes, gradually shifting from riskier assets like equities to more stable, income-generating investments such as fixed income and short-term bonds.
The fund comprises a diverse blend of underlying Principal Funds, providing exposure to domestic and international equity markets, as well as various fixed income securities. Notable allocations include core fixed income, short-term income, large-cap equities, international equities, and real estate, making the fund broadly diversified across multiple sectors such as real estate, consumer defensive, and basic materials.
Principal LifeTime 2020 Fund R-5 Class plays a significant role in retirement planning by offering a single diversified solution that automatically adjusts its risk profile, aiming to support investors transitioning from asset accumulation to income generation during retirement. The fund maintains low carbon risk in its holdings, reflecting attention to environmental sustainability considerations.
Fund Family Principal Funds
Category Target-Date 2020
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PTBPX
Share Class R-5
Index S&P Target Date 2020 TR
PTBPX had a total return of 8.85% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.73%.
