Principal LifeTime 2040 Fund R-3 Class (PTDMX)
| Fund Assets | 4.82B |
| Expense Ratio | 1.15% |
| Min. Investment | $1,000 |
| Turnover | 34.80% |
| Dividend (ttm) | 1.54 |
| Dividend Yield | 9.24% |
| Dividend Growth | 46.57% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 16.61 |
| YTD Return | 2.27% |
| 1-Year Return | 13.94% |
| 5-Year Return | 36.38% |
| 52-Week Low | 12.85 |
| 52-Week High | 16.80 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Mar 1, 2001 |
About PTDMX
Principal LifeTime 2040 Fund is a target-date mutual fund designed primarily for individuals planning to retire around the year 2040. Its central function is to provide a diversified investment solution that automatically adjusts its asset allocation over time, balancing the pursuit of long-term capital growth with the need for income as the target retirement date approaches. The fund achieves this by serving as a fund of funds, allocating assets among a curated mix of domestic and international equity funds, fixed-income securities, and real asset investments, all managed within the Principal Funds family. Notable for its dynamic glide path, the fund gradually shifts from higher equity exposure in earlier years to a more conservative, income-focused mix as 2040 nears. This approach offers broad market exposure and risk management for individuals seeking a simplified, professionally managed retirement investment. Established in 2001, Principal LifeTime 2040 Fund has become a significant player in the target-date category, managing billions in assets and providing flexibility and diversification for retirement-focused investors.
Performance
PTDMX had a total return of 13.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.72%.
Top 10 Holdings
95.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Principal LargeCap S&P 500 Index Fund Institutional Class | PLFIX | 22.41% |
| Principal International Equity Fund R-6 Class | PIIDX | 20.62% |
| Principal Core Fixed Income Fund Class R-6 | PICNX | 19.32% |
| Principal Equity Income Fund Institutional Class | PEIIX | 5.81% |
| Principal LargeCap Growth Fund I Class R-6 | PLCGX | 5.56% |
| Principal LargeCap Value Fund III Institutional Class | PLVIX | 5.41% |
| Principal Blue Chip Fund Class R6 | PGBHX | 5.20% |
| Principal Global Emerging Markets Fund Class R6 | PIIMX | 4.20% |
| Principal SmallCap Fund Class R6 | PSMLX | 3.43% |
| Principal High Yield Fund Class R-6 | PHYFX | 3.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.3208 | Dec 31, 2025 |
| Dec 18, 2025 | $1.2182 | Dec 18, 2025 |
| Dec 31, 2024 | $0.236 | Dec 31, 2024 |
| Dec 19, 2024 | $0.814 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2245 | Dec 29, 2023 |
| Dec 20, 2023 | $0.3682 | Dec 20, 2023 |