Principal LifeTime 2040 Fund
as of 10/02/2023 unless indicated otherwise
S&P Target Date 2040 Index
Total fund assets
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 2040. It is a fund of funds and invests in underlying funds of Principal Funds, Inc. ("PFI"). 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.
Performance & expenses
As of 09/30/2023
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.
|Date||Type||Dollar per share|
|12/20/2022||Long Term Capital Gain||0.9449|
|12/20/2021||Short Term Capital Gain||0.0179|
|12/20/2021||Long Term Capital Gain||1.0511|
|12/18/2020||Short Term Capital Gain||0.1136|
|12/18/2020||Long Term Capital Gain||0.6174|
Expense ratio gross
Expense ratio net
Expense limit expiration date
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.
as of 08/31/2023
% of Assets
% of Assets
1. Core Fixed Income Fund
2. Diversified International Fund
3. LargeCap Growth Fund I
4. Blue Chip Fund
5. LargeCap S&P 500 Index Fund
6. LargeCap Value Fund III
7. Equity Income Fund
8. Overseas Fund
9. MidCap Value Fund I
10. MidCap Growth Fund III
23 years of experience
24 years of experience
38 years of experience