Principal LifeTime 2040 R4
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.6%
1 yr return
-15.4%
3 Yr Avg Return
-3.0%
5 Yr Avg Return
-1.3%
Net Assets
$4.22 B
Holdings in Top 10
85.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PTDSX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return -3.0%
- 5 Yr Annualized Total Return -1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.31%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NamePrincipal LifeTime 2040 Fund
-
Fund Family NamePrincipal Funds
-
Inception DateMar 01, 2001
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRandy Welch
PTDSX - Performance
Return Ranking - Trailing
| Period | PTDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.6% | -18.1% | 8.8% | 56.10% |
| 1 Yr | -15.4% | -55.5% | -5.9% | 60.68% |
| 3 Yr | -3.0%* | -20.6% | 4.8% | 55.74% |
| 5 Yr | -1.3%* | -11.5% | 4.9% | 56.79% |
| 10 Yr | 0.7%* | -3.0% | 6.0% | 57.14% |
* Annualized
Return Ranking - Calendar
| Period | PTDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -24.7% | -60.3% | 12.3% | 65.53% |
| 2021 | 2.8% | -3.2% | 8.4% | 55.90% |
| 2020 | 3.0% | 1.1% | 6.1% | 75.41% |
| 2019 | 3.9% | -4.1% | 5.2% | 62.57% |
| 2018 | -3.4% | -5.1% | 3.5% | 64.15% |
Total Return Ranking - Trailing
| Period | PTDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.6% | -18.1% | 8.8% | 56.10% |
| 1 Yr | -15.4% | -55.5% | -5.9% | 60.68% |
| 3 Yr | -3.0%* | -20.6% | 4.8% | 55.74% |
| 5 Yr | -1.3%* | -11.5% | 4.9% | 66.05% |
| 10 Yr | 0.7%* | -2.1% | 7.0% | 90.11% |
* Annualized
Total Return Ranking - Calendar
| Period | PTDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -24.7% | -60.3% | 12.3% | 65.53% |
| 2021 | 2.8% | -3.2% | 8.4% | 55.90% |
| 2020 | 3.0% | 1.1% | 6.1% | 75.41% |
| 2019 | 3.9% | -4.1% | 5.2% | 62.57% |
| 2018 | -3.4% | -5.1% | 4.0% | 80.50% |
NAV & Total Return History
PTDSX - Holdings
Concentration Analysis
| PTDSX | Category Low | Category High | PTDSX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.22 B | 88 K | 68.9 B | 23.33% |
| Number of Holdings | 17 | 4 | 562 | 65.07% |
| Net Assets in Top 10 | 3.61 B | 693 K | 68.1 B | 23.44% |
| Weighting of Top 10 | 85.91% | 38.5% | 100.0% | 41.27% |
Top 10 Holdings
- Principal Core Fixed Income R6 13.18%
- Principal Diversified International R-6 11.99%
- Principal Equity Income Inst 9.28%
- Principal Large Cap Value III Inst 9.28%
- Principal Large Cap S&P 500 Index Inst 9.03%
- Principal LargeCap Growth I R6 8.62%
- Principal Blue Chip R-6 8.58%
- Principal Overseas Instl 5.81%
- Principal MidCap Value I R-6 5.24%
- Principal MidCap Growth III Inst 4.90%
Asset Allocation
| Weighting | Return Low | Return High | PTDSX % Rank | |
|---|---|---|---|---|
| Stocks | 81.74% | 0.00% | 89.49% | 45.45% |
| Bonds | 14.90% | 6.42% | 65.95% | 57.42% |
| Cash | 3.10% | -6.89% | 31.18% | 51.20% |
| Other | 0.20% | -0.92% | 16.90% | 41.63% |
| Preferred Stocks | 0.04% | 0.00% | 0.48% | 43.54% |
| Convertible Bonds | 0.02% | 0.00% | 0.98% | 98.56% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PTDSX % Rank | |
|---|---|---|---|---|
| Technology | 17.83% | 13.94% | 24.03% | 75.85% |
| Financial Services | 16.42% | 13.11% | 18.83% | 21.26% |
| Healthcare | 12.54% | 10.75% | 14.53% | 54.11% |
| Industrials | 12.29% | 9.02% | 12.29% | 2.42% |
| Consumer Cyclical | 10.15% | 8.05% | 13.32% | 88.41% |
| Real Estate | 6.86% | 1.87% | 10.11% | 31.88% |
| Communication Services | 6.19% | 5.69% | 10.24% | 92.27% |
| Consumer Defense | 6.09% | 4.68% | 11.06% | 78.74% |
| Energy | 4.92% | 2.33% | 6.31% | 28.50% |
| Basic Materials | 4.33% | 3.14% | 6.86% | 72.46% |
| Utilities | 2.38% | 1.90% | 8.13% | 82.13% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PTDSX % Rank | |
|---|---|---|---|---|
| US | 57.65% | 0.00% | 68.38% | 16.27% |
| Non US | 24.09% | 0.00% | 44.24% | 71.29% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PTDSX % Rank | |
|---|---|---|---|---|
| Corporate | 50.07% | 0.49% | 50.07% | 2.39% |
| Cash & Equivalents | 18.71% | 3.19% | 55.75% | 53.11% |
| Securitized | 17.82% | 0.00% | 36.42% | 35.41% |
| Government | 13.41% | 13.41% | 62.05% | 99.04% |
| Derivative | 0.00% | 0.00% | 20.78% | 93.30% |
| Municipal | 0.00% | 0.00% | 22.13% | 99.04% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PTDSX % Rank | |
|---|---|---|---|---|
| US | 14.18% | 4.80% | 43.04% | 33.49% |
| Non US | 0.72% | 0.07% | 22.91% | 95.22% |
PTDSX - Expenses
Operational Fees
| PTDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.01% | 0.06% | 1.84% | 20.10% |
| Management Fee | 0.00% | 0.00% | 0.86% | 21.74% |
| 12b-1 Fee | 0.10% | 0.00% | 1.00% | 20.91% |
| Administrative Fee | 0.03% | 0.01% | 0.29% | 8.89% |
Sales Fees
| PTDSX 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
| PTDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | 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.
| PTDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 20.00% | 2.00% | 112.00% | 37.70% |
PTDSX - Distributions
Dividend Yield Analysis
| PTDSX | Category Low | Category High | PTDSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.12% | 0.00% | 2.53% | 83.81% |
Dividend Distribution Analysis
| PTDSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| PTDSX | Category Low | Category High | PTDSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.31% | -0.21% | 10.52% | 45.32% |
Capital Gain Distribution Analysis
| PTDSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 31, 2021 | $0.448 | OrdinaryDividend |
| Dec 31, 2020 | $0.222 | OrdinaryDividend |
| Dec 31, 2019 | $0.248 | OrdinaryDividend |
| Dec 19, 2019 | $0.809 | OrdinaryDividend |
| Dec 31, 2018 | $0.259 | OrdinaryDividend |
| Dec 29, 2017 | $0.294 | OrdinaryDividend |
| Dec 30, 2016 | $0.164 | OrdinaryDividend |
| Dec 31, 2015 | $0.151 | OrdinaryDividend |
| Dec 31, 2014 | $0.350 | OrdinaryDividend |
| Dec 31, 2013 | $0.228 | OrdinaryDividend |
| Dec 31, 2012 | $0.227 | OrdinaryDividend |
| Dec 30, 2011 | $0.198 | OrdinaryDividend |
| Dec 31, 2010 | $0.157 | OrdinaryDividend |
| Dec 31, 2009 | $0.192 | OrdinaryDividend |
| Dec 31, 2008 | $0.173 | OrdinaryDividend |
| Dec 31, 2007 | $0.386 | OrdinaryDividend |
| Dec 29, 2006 | $0.310 | OrdinaryDividend |
| Dec 27, 2004 | $0.188 | OrdinaryDividend |
| Dec 26, 2003 | $0.108 | OrdinaryDividend |
| Dec 27, 2002 | $0.059 | OrdinaryDividend |
PTDSX - Fund Manager Analysis
Managers
Randy Welch
Start Date
Tenure
Tenure Rank
May 29, 2007
15.02
15.0%
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
May 29, 2007
15.02
15.0%
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 |
|---|---|---|---|
| 0.08 | 17.59 | 5.8 | 2.41 |