Principal LifeTime 2050 Fund R-3 Class (PTERX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.09
-0.03 (-0.17%)
Jul 18, 2025, 4:00 PM EDT
-0.17%
Fund Assets3.27B
Expense Ratio1.23%
Min. Investment$0.00
Turnover37.10%
Dividend (ttm)1.03
Dividend Yield5.67%
Dividend Growth65.18%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 31, 2024
Previous Close18.12
YTD Return8.85%
1-Year Return17.54%
5-Year Return69.18%
52-Week Low14.74
52-Week High18.45
Beta (5Y)n/a
Holdings16
Inception DateMar 1, 2001

About PTERX

The Principal LifeTime 2050 Fund R-3 Class is a target date mutual fund designed to serve investors planning to retire around the year 2050. Its primary purpose is to provide a total return comprised of long-term capital growth and current income, achieved through a diversified investment strategy that automatically adjusts over time. As a “fund of funds,” it allocates assets across a wide mix of underlying Principal Funds, which represent domestic and international equities, fixed income, and real asset categories. This structure offers broad diversification and aims to balance risk and reward throughout varying market conditions. One of the fund’s defining characteristics is its glide path: as the target year approaches, the allocation gradually becomes more conservative, reducing equity exposure in favor of fixed income and other lower-risk investments. This approach is intended to help protect accumulated savings as investors near retirement, while still pursuing growth in earlier years. The Principal LifeTime 2050 Fund R-3 Class plays a significant role in employer-sponsored retirement plans by offering an efficient, all-in-one solution that automatically evolves to meet the needs of investors throughout their working years and into retirement.

Fund Family Principal Funds
Category Target-Date 2050
Stock Exchange NASDAQ
Ticker Symbol PTERX
Share Class R-3
Index S&P Target Date 2050 TR

Performance

PTERX had a total return of 17.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.93%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
PPLIXInstitutional Class0.67%
PFLJXClass J0.91%
PTEFXR-50.92%
PPEAXClass A1.04%

Top 10 Holdings

92.28% of assets
NameSymbolWeight
Principal International Equity Fund R-6 ClassPIIDX25.73%
Principal LargeCap S&P 500 Index Fund Institutional ClassPLFIX11.34%
Principal LargeCap Growth Fund I Class R-6PLCGX11.33%
Principal Blue Chip Fund Class R6PGBHX10.91%
Principal Equity Income Fund Institutional ClassPEIIX10.42%
Principal LargeCap Value Fund III Institutional ClassPLVIX10.26%
Principal Core Fixed Income R6PICNX3.72%
Principal SmallCap R6PSMLX3.45%
Principal Global Emerging Markets Fund Class R6PIIMX2.73%
Principal Small-MidCap Dividend Income Fund R6PMDHX2.40%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 31, 2024$0.1825Dec 31, 2024
Dec 19, 2024$0.8446Dec 19, 2024
Dec 29, 2023$0.1881Dec 29, 2023
Dec 20, 2023$0.4337Dec 20, 2023
Dec 30, 2022$0.0939Dec 30, 2022
Dec 20, 2022$1.1224Dec 20, 2022
Full Dividend History