PHJFX: Principal LifeTime Hybrid Income J

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PHJFX Principal LifeTime Hybrid Income J


Profile

PHJFX - Profile

Vitals

  • YTD Return 3.2%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $58.6 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$11.06
$9.69
$11.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 24.10%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

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

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.07%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal LifeTime Hybrid Income Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 01, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy Welch

Fund Description

The fund is a fund of funds that invests in underlying funds of Principal Funds, Inc. ("PFI"), with a majority of the fund's assets invested in index funds. Its underlying funds consist of domestic and foreign equity funds, fixed-income funds, real asset funds, and other funds that aim to offer diversification beyond traditional equity and fixed-income securities. The fund's asset allocation is designed for investors who are approximately 15 years beyond the normal retirement age of 65.


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Categories

Performance

PHJFX - Performance

Return Ranking - Trailing

Period PHJFX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -12.5% 6.4% 2.48%
1 Yr 3.8% -12.7% 10.2% 9.20%
3 Yr N/A* -5.8% 6.2% 43.76%
5 Yr N/A* -3.2% 4.9% 33.27%
10 Yr N/A* -2.4% 6.8% N/A

* Annualized

Return Ranking - Calendar

Period PHJFX Return Category Return Low Category Return High Rank in Category (%)
2019 8.6% -2.4% 19.7% 76.26%
2018 N/A -19.1% -3.6% N/A
2017 N/A -12.3% 18.2% N/A
2016 N/A -4.2% 6.9% N/A
2015 N/A -13.0% -0.3% N/A

Total Return Ranking - Trailing

Period PHJFX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -12.5% 6.4% 2.48%
1 Yr 3.8% -12.7% 10.2% 9.20%
3 Yr N/A* -5.5% 7.2% 58.71%
5 Yr N/A* -3.1% 7.4% 58.46%
10 Yr N/A* -1.0% 9.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PHJFX Return Category Return Low Category Return High Rank in Category (%)
2019 8.6% -2.4% 19.7% 76.26%
2018 N/A -19.1% -0.3% N/A
2017 N/A -12.3% 22.9% N/A
2016 N/A 0.2% 9.3% N/A
2015 N/A -9.4% 0.7% N/A

NAV & Total Return History


Holdings

PHJFX - Holdings

Concentration Analysis

PHJFX Category Low Category High PHJFX % Rank
Net Assets 58.6 M 116 K 44.5 B 57.58%
Number of Holdings 11 1 747 73.48%
Net Assets in Top 10 57.9 M 91.8 K 43.2 B 55.91%
Weighting of Top 10 100.00% 54.7% 100.0% 1.19%

Top 10 Holdings

  1. Principal Bond Market Index Instl 39.37%
  2. Principal Short-Term Income Inst 21.06%
  3. Principal Large Cap S&P 500 Index Inst 15.65%
  4. Principal Diversified International R-6 6.89%
  5. Principal High Income Inst 6.40%
  6. Principal Inflation Protection Inst 4.31%
  7. Principal Diversified Real Asset R6 2.23%
  8. Principal MidCap S&P 400 Index R-6 1.85%
  9. Principal SmallCap S&P 600 Index R-6 1.19%
  10. Principal International Small CompanyR-6 1.05%

Asset Allocation

Weighting Return Low Return High PHJFX % Rank
Bonds
67.68% -40.53% 78.26% 8.64%
Stocks
27.47% 0.00% 79.91% 78.94%
Cash
3.97% -12.04% 112.41% 70.91%
Convertible Bonds
0.62% 0.00% 1.69% 22.58%
Other
0.26% -0.66% 100.00% 21.06%
Preferred Stocks
0.00% 0.00% 7.53% 79.70%

Stock Sector Breakdown

Weighting Return Low Return High PHJFX % Rank
Technology
18.58% 3.04% 24.27% 20.49%
Financial Services
14.01% 3.32% 20.59% 59.17%
Healthcare
13.79% 1.66% 18.21% 59.63%
Consumer Cyclical
10.81% 1.88% 12.47% 19.27%
Industrials
10.38% 1.63% 16.32% 30.73%
Communication Services
8.41% 0.21% 10.76% 54.28%
Consumer Defense
7.43% 1.02% 14.97% 75.54%
Real Estate
4.35% 0.43% 45.93% 46.02%
Basic Materials
4.30% 0.76% 10.19% 30.43%
Utilities
4.21% 0.00% 11.96% 33.94%
Energy
3.73% 0.59% 29.46% 42.35%

Stock Geographic Breakdown

Weighting Return Low Return High PHJFX % Rank
US
19.22% 0.00% 63.48% 70.15%
Non US
8.25% 0.00% 34.52% 83.18%

Bond Sector Breakdown

Weighting Return Low Return High PHJFX % Rank
Government
33.91% 0.00% 98.75% 50.61%
Corporate
30.85% 0.00% 51.48% 22.02%
Securitized
19.79% 0.00% 42.93% 46.64%
Cash & Equivalents
13.67% 1.25% 112.41% 54.43%
Derivative
1.49% -82.56% 27.19% 26.45%
Municipal
0.29% 0.00% 13.21% 39.45%

Bond Geographic Breakdown

Weighting Return Low Return High PHJFX % Rank
US
62.50% -52.61% 75.43% 5.61%
Non US
5.18% -36.20% 40.22% 54.39%

Expenses

PHJFX - Expenses

Operational Fees

PHJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.00% 24.81% 40.89%
Management Fee 0.00% 0.00% 0.77% 19.50%
12b-1 Fee 0.15% 0.00% 1.00% 12.68%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

PHJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 40.74%

Trading Fees

PHJFX 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.

PHJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.10% 0.00% 277.00% 46.71%

Distributions

PHJFX - Distributions

Dividend Yield Analysis

PHJFX Category Low Category High PHJFX % Rank
Dividend Yield 0.00% 0.00% 2.60% 43.48%

Dividend Distribution Analysis

PHJFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

PHJFX Category Low Category High PHJFX % Rank
Net Income Ratio 2.07% 0.05% 6.21% 57.52%

Capital Gain Distribution Analysis

PHJFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PHJFX - Fund Manager Analysis

Managers

Randy Welch


Start Date

Tenure

Tenure Rank

Sep 30, 2014

5.75

5.8%

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

Sep 30, 2014

5.75

5.8%

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

3.16

3.2%

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
0.08 17.76 4.98 0.5