Principal LifeTime 2050 Fund
Principal Funds, Inc · 5 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Principal LifeTime 2050 Fund is a target-date 2050 fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Target year
- 2050
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2026 Q1
The Fund seeks a total return consisting of long-term growth of capital and current income.
The fund is a fund of funds that invests in underlying Principal exchange-traded funds and mutual funds holding domestic and foreign equities, fixed-income securities, and real assets, with target allocations and ranges set by the manager. The asset allocation becomes progressively more conservative as the fund approaches its target year, eventually aligning with a strategic income fund approximately ten years after the target date. The fund rebalances to maintain target weights across asset classes and may adjust those targets in response to market conditions or the shortening investment horizon.
| Share class | Expense ratio |
|---|---|
| PTERX | 1.15% |
| PTEFX | 0.84% |
| PPLIX | 0.59% |
| PFLJX | 0.79% |
| PPEAX | 0.96% |
Portfolio turnover 44.70% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 93.53% |
| Bonds | 4.43% |
| Securitized | 1.13% |
| Cash & short-term | 0.81% |
| 2 smaller | 0.06% |
Look-through blends 15 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| +23.70% | +53.73% | +41.89% | 10.90% | -9.44% | |
| +24.08% | +55.24% | +44.23% | 10.90% | -9.44% | |
| — | — | — | — | — | |
| +24.38% | +56.43% | +46.00% | 10.96% | -9.38% | |
| +24.09% | +55.46% | +44.54% | 10.89% | -9.39% | |
| +23.94% | +54.72% | +43.38% | 10.92% | -9.47% |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| PLFIX | LargeCap S&P 500 Index FundPLFIX | 25.84% | $34.20 | $831.63M | 24.3M |
| PIIDX | International Equity FundPIIDX | 24.59% | $17.02 | $791.62M | 46.5M |
| — | Equity Income Fund | 6.95% | $44.59 | $223.72M | 5.0M |
| PIIMX | Global Emerging Markets FundPIIMX | 6.75% | $39.52 | $217.27M | 5.5M |
| PLVIX | LargeCap Value Fund IIIPLVIX | 6.31% | $18.52 | $203.08M | 11.0M |
| PLCGX | LargeCap Growth Fund IPLCGX | 5.79% | $15.97 | $186.44M | 11.7M |
| PGBHX | Blue Chip FundPGBHX | 5.34% | $41.20 | $172.03M | 4.2M |
| PICNX | Core Fixed Income FundPICNX | 4.50% | $8.62 | $144.90M | 16.8M |
| PSMLX | SmallCap FundPSMLX | 4.17% | $34.33 | $134.06M | 3.9M |
| PFRSX | Real Estate Securities FundPFRSX | 2.52% | $31.02 | $81.07M | 2.6M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 92.77% of net assets, top 25 99.99%, across 15 issuers.
See more of this fund's book
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