About PTCPX
Principal LifeTime 2030 Fund R5 is a target date mutual fund designed primarily for investors planning to retire around the year 2030. Its main purpose is to provide a total return through a combination of long-term capital growth and current income, using a diversified allocation strategy that automatically adjusts as the target retirement date approaches. The fund is structured as a fund of funds, investing primarily in underlying Principal Exchange-Traded Funds (PETFs) and Principal Funds, Inc. offerings, which include domestic and international equities, fixed-income securities, and real assets, offering investors broad market exposure and built-in diversification. As retirement nears, the fund systematically shifts to a more conservative asset mix, aiming to reduce risk while still seeking growth potential. This approach makes it a central component in many retirement savings plans, helping investors navigate the transition from asset accumulation to income generation over time. The Principal LifeTime 2030 Fund R5 is widely utilized in employer-sponsored retirement plans, reflecting its role as a core investment vehicle for those seeking automatic portfolio management aligned with a specific retirement horizon.
Fund Family Principal Funds
Category Target-Date 2030
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PTCPX
Share Class R-5
Index S&P Target Date 2030 TR
PTCPX had a total return of 8.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.25%.
