Principal LifeTime Hybrid 2070 Fund
Overview
Performance
As of 12/31/2025
YTD
19.83%
1-year
19.83%
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Fund details
as of
01/02/2026
unless indicated otherwise
Fund ticker
PLKRX
CUSIP
74257B530
Benchmark
S&P Target Date 2065+ Index
NAV
$15.01
Total fund assets
$13.19M
Dividend frequency
Annually
Minimum investment
—
Inception date
03/01/2023
Morningstar category
Target-Date 2065+
Investment approach
The investment seeks a total return consisting of long-term growth of capital and current income.
The fund operates as a “target date fund” that invests according to an asset allocation strategy designed for investors having a retirement investment goal close to the year in the fund’s name. It is a fund of funds and invests in underlying funds of Principal Exchange-Traded Funds (“PETF”) and Principal Funds, Inc. (“PFI”), with a majority of the fund’s assets invested in index funds.
Performance & expenses
As of
12/31/2025
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Total return | 0.72% | 3.02% | 19.83% | 19.83% | — | — | — | 18.15% | — |
| Benchmark performance | — | — | — | — | — | — | — | — | — |
| Morningstar category average | — | — | — | — | — | — | — | — | — |
| Morningstar percentile rankings | — | — | — | 63 | — | — | — | — | — |
| # of funds in category | 309 | 302 | 249 | 238 | — | — | — | — | — |
| Morningstar rating | — | — | — | — | — | — | — | — | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Returns shown for periods of less than one year are not annualized.
Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Total return | 0.72% | 3.02% | 19.83% | 19.83% | — | — | — | 18.15% | — |
| Benchmark performance | — | — | — | — | — | — | — | — | — |
| Morningstar category average | — | — | — | — | — | — | — | — | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Returns shown for periods of less than one year are not annualized.
Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.
| Data | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total return | 19.83% | 15.84% | — | — | — |
| Morningstar category average Target-Date 2065+ |
15.35% | 14.48% | 20.16% | -18.31% | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
| Date | Type | Dollar per share |
|---|---|---|
| 12/31/2025 | Income | 0.2846 |
| 12/18/2025 | Short Term Capital Gain | 0.0249 |
| 12/18/2025 | Long Term Capital Gain | 0.1487 |
| 12/31/2024 | Income | 0.2373 |
| 12/19/2024 | Short Term Capital Gain | 0.0436 |
| 12/19/2024 | Long Term Capital Gain | 0.0564 |
| 12/29/2023 | Income | 0.2007 |
| 12/20/2023 | Short Term Capital Gain | 0.0101 |
Expense ratio gross
2.25%
Expense ratio net
0.34%
Expense limit expiration date
02/28/2026
Maximum up-front sales charge
—
Contingent deferred sales charge
—
In situations where the net and gross fund expense figures are different, the investment manager has contractually agreed to limit the investment option's expense. Differences may also be shown due to the investment manager choosing to pay certain expenses that would normally be payable by the fund. The gross fund expense figure does not reflect any waivers or caps on the mutual fund. Performance shown reflects the application of net expenses of the fund.
Holdings
Top 10
as of
11/30/2025
% of Assets
% of Assets
1.
LargeCap S&P 500 Index Fund
54.75%
2.
International Equity Fund
24.36%
3.
Global Emerging Markets Fund
4.87%
4.
MidCap S&P 400 Index Fund
4.81%
5.
SmallCap S&P 600 Index Fund
4.65%
6.
Bond Market Index Fund
2.37%
7.
Real Estate Securities Fund
2.09%
8.
International Small Company Fu
1.40%
9.
High Yield Fund
0.76%
Portfolio management
James Fennessey, CFA
26 years of experience
Chad Severin
23 years of experience
Scott Smith
27 years of experience
May Tong, CFA
25 years of experience
Randy Welch
41 years of experience