Principal LifeTime 2040 Fund Institutional Class (PTDIX)
| Fund Assets | 4.82B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000 |
| Turnover | 34.80% |
| Dividend (ttm) | 1.63 |
| Dividend Yield | 9.09% |
| Dividend Growth | 44.35% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 17.96 |
| YTD Return | 7.02% |
| 1-Year Return | 13.82% |
| 5-Year Return | 45.16% |
| 52-Week Low | 15.96 |
| 52-Week High | 18.36 |
| Beta (5Y) | 0.85 |
| Holdings | 16 |
| Inception Date | Mar 1, 2001 |
About PTDIX
Principal LifeTime 2040 Fund Institutional Class is a target-date mutual fund designed to help investors plan and manage retirement savings with an anticipated retirement horizon around the year 2040. The fund uses a diversified, multi-asset allocation strategy, primarily investing through a fund-of-funds approach that includes a broad mix of Principal Exchange-Traded Funds and mutual funds. Its portfolio spans domestic and international equities, fixed-income securities, and real assets, with allocations that adjust over time—shifting from a higher proportion of equities toward more conservative fixed-income holdings as 2040 approaches. This dynamic allocation seeks to balance long-term capital growth potential with risk management, aligning with the evolving risk tolerance of investors nearing retirement. The fund is actively managed by a team of experienced professionals and is benchmarked against the S&P Target Date 2040 Index, ensuring its strategy remains suitable for its intended investment time frame. Principal LifeTime 2040 Fund Institutional Class plays a significant role in retirement planning by offering automated diversification and professional oversight for investors targeting retirement in about 15 years.
Performance
PTDIX had a total return of 13.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.30%.
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 | $0.4144 | Dec 31, 2025 |
| Dec 18, 2025 | $1.2182 | Dec 18, 2025 |
| Dec 31, 2024 | $0.317 | Dec 31, 2024 |
| Dec 19, 2024 | $0.814 | Dec 19, 2024 |
| Dec 29, 2023 | $0.3016 | Dec 29, 2023 |
| Dec 20, 2023 | $0.3682 | Dec 20, 2023 |