Principal LifeTime 2040 Fund R-5 Class (PTDPX)
| Fund Assets | 4.82B |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 34.80% |
| Dividend (ttm) | 1.59 |
| Dividend Yield | 9.40% |
| Dividend Growth | 44.65% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 16.86 |
| YTD Return | 2.30% |
| 1-Year Return | 14.25% |
| 5-Year Return | 38.54% |
| 52-Week Low | 13.01 |
| 52-Week High | 17.05 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Mar 1, 2001 |
About PTDPX
Principal LifeTime 2040 Fund R-5 Class is a target-date mutual fund designed primarily for investors planning to retire around the year 2040. Its principal function is to provide a balanced approach to capital growth and income through a dynamically managed portfolio that systematically shifts its asset allocation from a higher emphasis on equities to a more conservative mix over time as the target retirement date approaches. The fund employs a "fund of funds" structure, investing chiefly in a diverse selection of underlying Principal Funds, which include domestic and international equity funds, fixed-income securities, and real assets, thereby offering broad global diversification in a single solution. Notable for its adaptive asset allocation strategy, the fund automatically becomes more conservative as 2040 nears in order to reduce portfolio risk for those nearing or entering retirement. With billions in assets under management and no minimum investment requirement, it serves as a core component within employer-sponsored retirement plans and individual accounts, providing an efficient, professionally managed path for long-term investors seeking a hands-off approach to retirement planning.
Performance
PTDPX had a total return of 14.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.35%.
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 | $0.3705 | Dec 31, 2025 |
| Dec 18, 2025 | $1.2182 | Dec 18, 2025 |
| Dec 31, 2024 | $0.2843 | Dec 31, 2024 |
| Dec 19, 2024 | $0.814 | Dec 19, 2024 |
| Dec 29, 2023 | $0.2632 | Dec 29, 2023 |
| Dec 20, 2023 | $0.3682 | Dec 20, 2023 |