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PTDSX Principal LifeTime 2040 R4

  • Fund
  • PTDSX
  • Price as of: Aug 08, 2016
  • $14.17
  • + $0.01
  • + 0.07%
  • Category
  • Target Retirement Date

PTDSX - Profile

Vitals

  • YTD Return 4.2%
  • 3 Yr Annualized Return 6.0%
  • 5 Yr Annualized Return 7.4%
  • Net Assets $4.52 B
  • Holdings in Top 10 77.2%

52 WEEK LOW AND HIGH

$14.17
$12.18
$14.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.41%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 25.20%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2040

Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 7.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.64%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Principal LifeTime 2040 Fund
  • Fund Family Name Principal Funds
  • Inception Date Mar 01, 2001
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Randy L. Welch

PTDSX - Performance

Return Ranking - Trailing

Period PTDSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.2% -40.4% 17.0% 63.16% 4
1 Yr -0.6% -7.2% 17.3% 81.98% 5
3 Yr 6.0% * 0.4% 8.3% 41.53% 3
5 Yr 7.4% * 1.2% 9.9% 32.19% 2
10 Yr 4.8% * 1.9% 6.7% 47.73% 3

* Annualized


Return Ranking - Calendar

Period PTDSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -7.1% -33.1% 1.2% 58.37% 4
2014 N/A 5.0% 5.1% N/A N/A
2013 N/A 20.5% 22.2% N/A N/A
2012 N/A 12.6% 13.1% N/A N/A
2011 N/A -4.7% -4.4% N/A N/A

Total Return Ranking - Trailing

Period PTDSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.2% -40.4% 17.0% 64.11% 4
1 Yr -0.6% -11.0% 17.3% 69.73% 4
3 Yr 6.0% * -0.9% 8.3% 37.01% 2
5 Yr 7.4% * 0.8% 9.9% 29.72% 2
10 Yr 4.8% * 1.4% 6.7% 46.21% 3

* Annualized


Total Return Ranking - Calendar

Period PTDSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -7.1% -33.1% 1.2% 58.43% 4
2014 N/A 5.0% 5.1% N/A N/A
2013 N/A 23.3% 24.9% N/A N/A
2012 N/A 15.9% 16.4% N/A N/A
2011 N/A -2.7% -2.4% N/A N/A

NAV & Total Return History

PTDSX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

PTDSX Category Low Category High PTDSX % Rank Quintile
Net Assets 4.52 B 342 K 31.4 B 2.44% 1
Number of Holdings 21 2 9892 2.60% 3
Net Assets in Top 10 3.39 B 286 K 30.4 B 2.39% 1
Weighting of Top 10 77.2% 2.3% 103.8% 15.32% 3

Top 10 Holdings

  1. Principal LargeCap Growth I Instl 10.54%
  2. Principal Large Cap Value III Inst 6.70%
  3. Principal Diversified Intl Inst 9.59%
  4. Principal Overseas Instl 9.46%
  5. Principal Large Cap S&P 500 Index Inst 11.13%
  6. Principal LargeCap Value Inst 6.46%
  7. Principal Core Plus Bond Inst 8.75%
  8. Principal MidCap Growth III Inst 4.97%
  9. Principal MidCap Value III Instl 4.92%
  10. Principal Bond Market Index Instl 4.68%

Asset Allocation

Weighting Category Low Category High PTDSX % Rank Quintile
Stocks
81.23% 0.34% 97.58% 8.05% 2
Bonds
16.96% -0.13% 101.10% 16.10% 3
Cash
0.93% -32.35% 94.64% 21.65% 5
Other
0.61% -1.71% 47.06% 10.80% 3
Convertible Bonds
0.24% 0.00% 4.38% 1.71% 1
Preferred Stocks
0.04% -0.02% 7.79% 2.91% 3

Stock Sector Breakdown

Weighting Category Low Category High PTDSX % Rank Quintile
Financial Services
12.27% 0.18% 17.43% 6.86% 2
Technology
11.76% 0.02% 21.09% 7.53% 2
Healthcare
10.29% 0.04% 17.25% 4.52% 2
Industrials
9.67% 0.04% 12.08% 4.36% 2
Consumer Cyclical
9.14% 0.03% 15.84% 8.05% 3
Real Estate
6.78% 0.03% 18.29% 2.70% 1
Consumer Defense
6.67% 0.03% 11.41% 6.91% 2
Energy
5.03% 0.07% 7.94% 3.12% 1
Basic Materials
3.48% 0.03% 7.27% 5.19% 2
Communication Services
3.14% 0.04% 5.22% 3.79% 2
Utilities
2.65% 0.00% 8.30% 3.22% 1

Stock Geographic Breakdown

Weighting Category Low Category High PTDSX % Rank Quintile
US
55.59% 0.06% 73.29% 5.87% 2
Non US
25.64% 0.00% 54.00% 9.35% 2

Bond Sector Breakdown

Weighting Category Low Category High PTDSX % Rank Quintile
Corporate
7.35% 0.00% 53.64% 15.01% 3
Securitized
5.29% 0.00% 25.32% 12.10% 3
Government
4.53% -27.29% 90.96% 15.99% 4
Cash & Equivalents
0.89% -46.20% 94.64% 21.75% 5
Municipal
0.04% 0.00% 2.32% 4.47% 4
Derivative
0.00% -30.52% 57.07% 1.61% 2

Bond Geographic Breakdown

Weighting Category Low Category High PTDSX % Rank Quintile
US
15.22% -4.11% 90.96% 14.80% 3
Non US
1.74% 0.00% 25.33% 16.41% 4

PTDSX - Expenses

Operational Fees

PTDSX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.41% 0.00% 70.64% 17.45% 2
Management Fee 0.00% 0.00% 0.92% 2.20% 1
12b-1 Fee 0.10% 0.00% 1.00% 1.44% 1
Administrative Fee 0.03% 0.00% 0.40% 1.92% 1

Sales Fees

PTDSX Fees (% of AUM) Category Low Category High PTDSX Rank Quintile
Front Load N/A 3.00% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.00% N/A N/A

Trading Fees

PTDSX Fees (% of AUM) Category Low Category High PTDSX Rank Quintile
Max Redemption Fee N/A 2.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PTDSX Fees (% of AUM) Category Low Category High PTDSX Rank Quintile
Turnover 25.20% 0.00% 333.00% 5.50% 3

PTDSX - Distributions

Dividend Yield Analysis

PTDSX Category Low Category High PTDSX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.21% 29.13% 2

Dividend Distribution Analysis

PTDSX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PTDSX Category Low Category High PTDSX % Rank Quintile
Net Income Ratio 2.64% -0.93% 10.75% 6.02% 1

Capital Gain Distribution Analysis

PTDSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PTDSX - Managers

Randy L. Welch

Manager

Start Date

May 29, 2007

Tenure

9.18

Tenure Rank

0.4%

Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University.


James W. Fennessey

Manager

Start Date

May 29, 2007

Tenure

9.18

Tenure Rank

0.4%

Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds. Mr. Fennessey graduated from Truman State University with a BS in Business Administration, with an emphasis in Finance, and a minor in Economics. He has earned the right to use the Chartered Financial Analyst designation.


Matthew Annenberg

Manager

Start Date

Mar 01, 2013

Tenure

3.42

Tenure Rank

1.6%

Matthew Annenberg has been with Principal Global Investors, LLC since 2012. Prior to PGI, he was a managing director at K2 Advisors and at ABM AMRO Bank. He earned a bachelor's degree in Finance from Harvard College. Mr. Annenberg has earned the right to use the Chartered Financial Analyst designation.


Jeffrey R. Tyler

Manager

Start Date

Mar 01, 2011

Tenure

5.42

Tenure Rank

1.2%

Mr. Tyler joined Principal in 2011. Prior to that, Mr. Tyler was the Chief Investment Officer at EXOS Partners. From 1988-2009, Mr. Tyler was a Senior Vice President, Senior Portfolio Manager, and Manager of Taxable Fixed Income for American Century. He earned a B.A. in business economics and accounting from the University of California, Santa Barbara and a Master of Management in finance and economics from the J.L. Kellogg Graduate School of Management, Northwestern University. Mr. Tyler has earned the right to use the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

13.8

Category Average

4.96

Category Mode

1.6