About PTCMX
Principal LifeTime 2030 Fund R-3 Class is a target-date mutual fund designed to deliver a total return through long-term capital growth and current income as investors approach a 2030 retirement horizon. It follows a glide path that gradually shifts from equities toward fixed income and real assets, aiming to balance growth potential with increasing capital preservation needs over time, and continues reallocating for about a decade beyond the target date. Structured as a fund of funds, it invests primarily in underlying Principal strategies spanning domestic and international equities, core and short-term bonds, high yield, inflation-protected securities, and real assets to provide broad diversification. The portfolio’s largest allocations include core fixed income and diversified international equity, complemented by large-cap growth, value, and index exposures alongside income-oriented bond sleeves. Benchmarking against the S&P Target Date 2030 Index situates it within the Target-Date 2030 category, reflecting a moderate risk profile consistent with investors nearing retirement. The fund emphasizes annual distributions and maintains an expense structure typical for its share class while remaining open to investors.
Fund Family Principal Funds
Category Target-Date 2030
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PTCMX
Share Class R-3
Index S&P Target Date 2030 TR
PTCMX had a total return of 6.22% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.91%.
