Principal LifeTime Hybrid 2060 Fund
Name
As of 10/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
19.1%
1 yr return
28.7%
3 Yr Avg Return
6.2%
5 Yr Avg Return
11.4%
Net Assets
$108 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.48%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PLKTX - Profile
Distributions
- YTD Total Return 19.1%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 11.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.70%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePrincipal LifeTime Hybrid 2060 Fund
-
Fund Family NamePrincipal Funds
-
Inception DateAug 24, 2015
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRandy Welch
Fund Description
PLKTX - Performance
Return Ranking - Trailing
Period | PLKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.1% | 3.9% | 12.9% | 8.73% |
1 Yr | 28.7% | 30.7% | 65.2% | 36.17% |
3 Yr | 6.2%* | 8.7% | 13.7% | 36.13% |
5 Yr | 11.4%* | 10.3% | 14.1% | 39.67% |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | PLKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.1% | -3.3% | 18.9% | 43.27% |
2022 | -24.5% | 11.7% | 29.3% | 29.35% |
2021 | 15.6% | -23.9% | -7.8% | 49.70% |
2020 | 12.8% | 13.0% | 20.8% | 46.32% |
2019 | 22.1% | 1.7% | 8.6% | 13.33% |
Total Return Ranking - Trailing
Period | PLKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.1% | 3.9% | 12.9% | 8.73% |
1 Yr | 28.7% | 30.7% | 65.2% | 33.69% |
3 Yr | 6.2%* | 7.7% | 13.7% | 33.51% |
5 Yr | 11.4%* | 9.6% | 14.1% | 36.36% |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PLKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.1% | -3.3% | 18.9% | 43.27% |
2022 | -16.5% | 11.7% | 29.3% | 29.35% |
2021 | 22.6% | -23.9% | -5.7% | 69.70% |
2020 | 18.5% | 14.1% | 22.7% | 79.41% |
2019 | 29.4% | 1.7% | 11.0% | 34.44% |
NAV & Total Return History
PLKTX - Holdings
Concentration Analysis
PLKTX | Category Low | Category High | PLKTX % Rank | |
---|---|---|---|---|
Net Assets | 108 M | 60.7 K | 7.18 B | 44.09% |
Number of Holdings | 9 | 4 | 494 | 74.93% |
Net Assets in Top 10 | 132 M | 51.6 K | 7.13 B | 44.41% |
Weighting of Top 10 | 100.02% | 38.0% | 100.0% | 3.85% |
Top 10 Holdings
- LargeCap SP 500 Index Fund 55.94%
- Diversified International Fund 23.26%
- MidCap SP 400 Index Fund 5.71%
- SmallCap SP 600 Index Fund 4.34%
- Bond Market Index Fund 2.79%
- Origin Emerging Markets Fund 2.44%
- International Small Company Fund 2.31%
- Real Estate Securities Fund 2.27%
- High Income Fund 0.96%
Asset Allocation
Weighting | Return Low | Return High | PLKTX % Rank | |
---|---|---|---|---|
Stocks | 100.02% | 65.98% | 98.58% | 19.07% |
Convertible Bonds | 0.04% | 0.00% | 0.77% | 53.95% |
Preferred Stocks | 0.00% | 0.00% | 0.36% | 94.82% |
Other | 0.00% | -0.07% | 13.26% | 37.60% |
Cash | 0.00% | -86.71% | 14.73% | 80.65% |
Bonds | 0.00% | 0.00% | 92.61% | 60.49% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PLKTX % Rank | |
---|---|---|---|---|
Technology | 20.04% | 14.77% | 21.46% | 28.34% |
Financial Services | 14.84% | 12.29% | 18.11% | 56.40% |
Healthcare | 12.48% | 8.82% | 15.72% | 83.11% |
Consumer Cyclical | 11.46% | 9.27% | 14.12% | 57.49% |
Industrials | 10.73% | 9.57% | 15.26% | 39.24% |
Consumer Defense | 6.70% | 4.55% | 11.70% | 77.93% |
Real Estate | 6.52% | 1.82% | 9.04% | 22.62% |
Communication Services | 5.90% | 6.12% | 11.04% | 64.85% |
Energy | 4.60% | 1.87% | 4.03% | 52.04% |
Basic Materials | 4.35% | 2.40% | 5.65% | 54.77% |
Utilities | 2.38% | 0.55% | 4.39% | 52.59% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PLKTX % Rank | |
---|---|---|---|---|
US | 100.02% | 34.23% | 75.57% | 23.98% |
Non US | 0.00% | 18.37% | 51.41% | 59.40% |
PLKTX - Expenses
Operational Fees
PLKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.48% | 0.02% | 35.30% | 99.18% |
Management Fee | 0.00% | 0.00% | 0.94% | 14.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
PLKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PLKTX 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.
PLKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.90% | 3.00% | 208.00% | 56.55% |
PLKTX - Distributions
Dividend Yield Analysis
PLKTX | Category Low | Category High | PLKTX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.56% | 0.00% | 1.44% | 66.40% |
Dividend Distribution Analysis
PLKTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
PLKTX | Category Low | Category High | PLKTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.70% | -0.04% | 8.75% | 44.06% |
Capital Gain Distribution Analysis
PLKTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.278 | OrdinaryDividend |
Dec 20, 2023 | $0.140 | OrdinaryDividend |
Dec 30, 2022 | $0.191 | OrdinaryDividend |
Dec 20, 2022 | $0.830 | CapitalGainLongTerm |
Dec 31, 2021 | $0.406 | OrdinaryDividend |
Dec 20, 2021 | $0.250 | OrdinaryDividend |
Dec 31, 2020 | $0.314 | OrdinaryDividend |
Dec 18, 2020 | $0.116 | OrdinaryDividend |
Dec 31, 2019 | $0.267 | OrdinaryDividend |
Dec 19, 2019 | $0.215 | CapitalGainLongTerm |
Dec 31, 2018 | $0.236 | OrdinaryDividend |
Dec 19, 2018 | $0.005 | CapitalGainShortTerm |
Dec 19, 2018 | $0.132 | CapitalGainLongTerm |
Dec 29, 2017 | $0.231 | OrdinaryDividend |
Dec 20, 2017 | $0.032 | CapitalGainShortTerm |
Dec 20, 2017 | $0.029 | CapitalGainLongTerm |
Dec 30, 2016 | $0.185 | OrdinaryDividend |
Dec 20, 2016 | $0.002 | CapitalGainShortTerm |
Dec 20, 2016 | $0.042 | CapitalGainLongTerm |
Dec 31, 2015 | $0.157 | OrdinaryDividend |
Dec 17, 2015 | $0.003 | CapitalGainLongTerm |
PLKTX - Fund Manager Analysis
Managers
Randy Welch
Start Date
Tenure
Tenure Rank
Sep 30, 2014
7.67
7.7%
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
7.67
7.7%
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
5.08
5.1%
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 |
---|---|---|---|
0.06 | 8.11 | 2.38 | 1.25 |