Principal LifeTime 2040 Fund Class A (PTDAX)
| Fund Assets | 4.82B |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 34.80% |
| Dividend (ttm) | 1.58 |
| Dividend Yield | 8.62% |
| Dividend Growth | 46.50% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 17.33 |
| YTD Return | 6.83% |
| 1-Year Return | 13.44% |
| 5-Year Return | 42.82% |
| 52-Week Low | 15.41 |
| 52-Week High | 17.75 |
| Beta (5Y) | 0.85 |
| Holdings | 16 |
| Inception Date | Jun 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.
Performance
PTDAX had a total return of 13.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.13%.
Top 10 Holdings
92.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 21.92% |
| Principal International Equity R-6 | PIIDX | 19.31% |
| Principal Core Fixed Income R6 | PICNX | 19.24% |
| Principal Glb Emerging Markets R6 | PIIMX | 5.66% |
| Principal Equity Income Fund Institutional Class | PEIIX | 5.51% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 5.14% |
| Principal LargeCap Growth I R6 | PLCGX | 4.93% |
| Principal Blue Chip R6 | PGBHX | 4.41% |
| Principal SmallCap R6 | PSMLX | 3.46% |
| Principal High Yield R-6 | PHYFX | 3.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.3624 | Dec 31, 2025 |
| Dec 18, 2025 | $1.2182 | Dec 18, 2025 |
| Dec 31, 2024 | $0.2649 | Dec 31, 2024 |
| Dec 19, 2024 | $0.814 | Dec 19, 2024 |
| Dec 29, 2023 | $0.249 | Dec 29, 2023 |
| Dec 20, 2023 | $0.3682 | Dec 20, 2023 |