Principal LifeTime 2040 Fund Class A (PTDAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
15.89
+0.11 (0.70%)
At close: Apr 1, 2026
Fund Assets4.82B
Expense Ratio0.88%
Min. Investment$1,000
Turnover34.80%
Dividend (ttm)1.58
Dividend Yield9.46%
Dividend Growth46.50%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 31, 2025
Previous Close15.78
YTD Return-1.37%
1-Year Return13.97%
5-Year Return40.62%
52-Week Low13.95
52-Week High17.75
Beta (5Y)n/a
Holdings16
Inception DateJun 28, 2005

About PTDAX

Principal LifeTime 2040 Fund Class A is a target date mutual fund designed to provide a diversified investment solution for individuals planning to retire around the year 2040. Its primary function is to balance long-term capital growth with current income by employing a dynamic asset allocation strategy that gradually shifts its emphasis from higher-risk assets to more conservative investments as the target retirement date approaches. The fund accomplishes this by investing in a portfolio of underlying funds managed by Principal, which cover a broad spectrum of asset classes including domestic and international equities, fixed income, and real assets. This multi-layered approach offers investors exposure to key global market sectors, allowing for broad diversification and risk management over time. With an inception date in 2005 and assets exceeding $4 billion, Principal LifeTime 2040 Fund Class A serves as a significant retirement planning tool, seeking to meet the changing investment needs of participants as they move closer to their anticipated retirement year.

Fund Family Principal Funds
Category Target-Date 2040
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PTDAX
Share Class Class A
Index S&P Target Date 2040 TR

Performance

PTDAX had a total return of 13.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.81%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
PTDIXInstitutional Class0.55%
PTDJXClass J0.72%
PTDPXR-50.80%
PTDMXR-31.11%

Top 10 Holdings

92.82% of assets
NameSymbolWeight
Principal LargeCap S&P 500 Index Fund Institutional ClassPLFIX21.29%
Principal International Equity Fund R-6 ClassPIIDX20.84%
Principal Core Fixed Income Fund Class R-6PICNX18.53%
Principal Equity Income Fund Institutional ClassPEIIX5.64%
Principal LargeCap Value Fund III Institutional ClassPLVIX5.19%
Principal LargeCap Growth Fund I Class R-6PLCGX5.05%
Principal Global Emerging Markets Fund Class R6PIIMX4.88%
Principal Blue Chip Fund Class R6PGBHX4.78%
Principal SmallCap Fund Class R6PSMLX3.45%
Principal High Yield Fund Class R-6PHYFX3.17%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 31, 2025$0.3624Dec 31, 2025
Dec 18, 2025$1.2182Dec 18, 2025
Dec 31, 2024$0.2649Dec 31, 2024
Dec 19, 2024$0.814Dec 19, 2024
Dec 29, 2023$0.249Dec 29, 2023
Dec 20, 2023$0.3682Dec 20, 2023
Full Dividend History