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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.05

$709 M

1.65%

$0.23

0.84%

Vitals

YTD Return

5.2%

1 yr return

9.3%

3 Yr Avg Return

7.2%

5 Yr Avg Return

6.5%

Net Assets

$709 M

Holdings in Top 10

88.1%

52 WEEK LOW AND HIGH

$14.0
$13.27
$14.17

Expenses

OPERATING FEES

Expense Ratio 0.84%

SALES FEES

Front Load 3.75%

Deferred Load N/A

TRADING FEES

Turnover 31.10%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2000-2010


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.05

$709 M

1.65%

$0.23

0.84%

PENAX - Profile

Distributions

  • YTD Total Return 5.2%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.98%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal LifeTime 2010 Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 28, 2005
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy Welch

PENAX - Performance

Return Ranking - Trailing

Period PENAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.2% 0.5% 8.7% 49.17%
1 Yr 9.3% 5.9% 14.9% 65.04%
3 Yr 7.2%* 5.8% 9.5% 64.23%
5 Yr 6.5%* 3.9% 8.2% 66.67%
10 Yr 6.8%* 3.3% 8.3% 64.56%

* Annualized

Return Ranking - Calendar

Period PENAX Return Category Return Low Category Return High Rank in Category (%)
2020 3.6% 1.5% 9.4% 75.42%
2019 6.8% -1.8% 13.0% 88.70%
2018 -11.5% -12.5% -4.2% 86.21%
2017 6.0% -11.0% 8.8% 51.28%
2016 1.0% -0.1% 5.5% 81.33%

Total Return Ranking - Trailing

Period PENAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.2% 0.5% 8.7% 49.17%
1 Yr 5.2% 1.2% 14.9% 92.68%
3 Yr 5.8%* 4.5% 9.5% 91.06%
5 Yr 5.7%* 3.5% 8.2% 87.10%
10 Yr 6.4%* 3.3% 8.3% 74.68%

* Annualized

Total Return Ranking - Calendar

Period PENAX Return Category Return Low Category Return High Rank in Category (%)
2020 3.6% 1.5% 9.4% 75.42%
2019 6.8% -1.8% 13.0% 88.70%
2018 -11.5% -12.4% -2.5% 93.10%
2017 6.0% -11.0% 12.5% 82.05%
2016 1.0% -0.1% 8.0% 90.67%

NAV & Total Return History


PENAX - Holdings

Concentration Analysis

PENAX Category Low Category High PENAX % Rank
Net Assets 709 M 131 K 5.34 B 30.08%
Number of Holdings 19 7 39 69.29%
Net Assets in Top 10 625 M 98.5 K 4.42 B 34.65%
Weighting of Top 10 88.13% 71.3% 99.9% 23.58%

Top 10 Holdings

  1. Principal Core Fixed Income R6 35.63%
  2. Principal Short-Term Income Inst 18.14%
  3. Principal High Income Inst 6.90%
  4. Principal Diversified International R-6 5.12%
  5. Principal Inflation Protection Inst 4.46%
  6. Principal Blue Chip R-6 3.93%
  7. Principal LargeCap Growth I R6 3.65%
  8. Principal Large Cap Value III Inst 3.56%
  9. Principal Equity Income Inst 3.46%
  10. Principal Overseas Instl 3.28%

Asset Allocation

Weighting Return Low Return High PENAX % Rank
Bonds
59.95% 48.64% 70.14% 40.16%
Stocks
33.80% 22.89% 43.63% 48.03%
Cash
5.55% 1.07% 21.21% 78.74%
Convertible Bonds
0.46% 0.12% 1.25% 73.23%
Preferred Stocks
0.13% 0.00% 0.34% 59.84%
Other
0.11% -1.17% 0.88% 48.03%

Stock Sector Breakdown

Weighting Return Low Return High PENAX % Rank
Technology
17.77% 13.06% 21.50% 81.10%
Financial Services
17.58% 11.73% 18.77% 42.52%
Industrials
12.61% 8.93% 12.61% 5.51%
Consumer Cyclical
11.25% 6.43% 12.68% 66.14%
Healthcare
10.77% 10.03% 13.56% 62.20%
Communication Services
8.52% 6.68% 10.58% 86.61%
Consumer Defense
5.28% 4.83% 9.96% 66.93%
Basic Materials
4.89% 3.07% 7.45% 62.20%
Real Estate
4.30% 1.81% 11.78% 30.71%
Energy
3.97% 2.29% 8.34% 29.92%
Utilities
3.07% 1.78% 5.66% 29.13%

Stock Geographic Breakdown

Weighting Return Low Return High PENAX % Rank
US
21.31% 8.25% 29.22% 44.88%
Non US
12.49% 7.54% 18.67% 69.29%

Bond Sector Breakdown

Weighting Return Low Return High PENAX % Rank
Corporate
51.56% 0.17% 60.92% 8.66%
Securitized
20.33% 0.00% 23.60% 8.66%
Government
17.90% 17.90% 91.35% 100.00%
Cash & Equivalents
10.22% 1.72% 29.24% 78.74%
Derivative
0.00% 0.00% 2.19% 88.98%
Municipal
0.00% 0.00% 1.25% 99.21%

Bond Geographic Breakdown

Weighting Return Low Return High PENAX % Rank
US
56.15% 33.88% 68.78% 33.07%
Non US
3.80% 1.36% 17.90% 94.49%

PENAX - Expenses

Operational Fees

PENAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.06% 1.50% 20.61%
Management Fee 0.00% 0.00% 0.57% 16.54%
12b-1 Fee 0.25% 0.00% 1.00% 50.85%
Administrative Fee N/A 0.01% 0.28% N/A

Sales Fees

PENAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 3.50% 5.75% 73.33%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PENAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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.

PENAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.10% 5.00% 79.00% 45.08%

PENAX - Distributions

Dividend Yield Analysis

PENAX Category Low Category High PENAX % Rank
Dividend Yield 1.65% 0.00% 0.00% 66.17%

Dividend Distribution Analysis

PENAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Semi-Annually

Net Income Ratio Analysis

PENAX Category Low Category High PENAX % Rank
Net Income Ratio 1.98% -0.08% 2.63% 26.45%

Capital Gain Distribution Analysis

PENAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Annually

Dividend Payout History

View More +

PENAX - Fund Manager Analysis

Managers

Randy Welch


Start Date

Tenure

Tenure Rank

Jun 01, 2007

14.34

14.3%

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 Fennessey


Start Date

Tenure

Tenure Rank

Jun 01, 2007

14.34

14.3%

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 and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation.

Scott Smith


Start Date

Tenure

Tenure Rank

May 02, 2017

4.42

4.4%

Mr. Smith is a research analyst and portfolio manager at Principal Global Investors. He is an analyst within the firm's asset allocation and structured investments group. He also provides research assistance to various business units within Principal Global Investors. He joined the firm in 1999.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.18 15.51 5.36 1.75