PPEAX: Principal LifeTime 2050 A

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PPEAX Principal LifeTime 2050 A


Profile

PPEAX - Profile

Vitals

  • YTD Return -7.7%
  • 3 Yr Annualized Return -1.2%
  • 5 Yr Annualized Return -0.8%
  • Net Assets $2.09 B
  • Holdings in Top 10 82.6%

52 WEEK LOW AND HIGH

$14.46
$10.88
$16.58

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.30%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -7.7%
  • 3 Yr Annualized Total Return -1.2%
  • 5 Yr Annualized Total Return -0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal LifeTime 2050 Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 28, 2005
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Fennessey

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Categories

Performance

PPEAX - Performance

Return Ranking - Trailing

Period PPEAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.7% -42.4% 8.6% 35.90%
1 Yr -1.1% -49.9% 22.1% 55.56%
3 Yr -1.2%* -30.2% 23.0% 50.82%
5 Yr -0.8%* -21.5% 20.1% 55.15%
10 Yr 4.2%* -8.5% 17.2% 42.89%

* Annualized

Return Ranking - Calendar

Period PPEAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.2% -22.7% 66.4% 55.23%
2018 -15.9% -64.5% 6.7% 64.37%
2017 16.1% -38.9% 80.9% 53.70%
2016 0.7% -26.1% 25.7% 86.01%
2015 -6.4% -45.6% 13.2% 58.92%

Total Return Ranking - Trailing

Period PPEAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.7% -42.4% 8.6% 35.90%
1 Yr -1.1% -49.9% 22.1% 55.56%
3 Yr -1.2%* -25.1% 23.0% 67.55%
5 Yr -0.8%* -20.9% 20.1% 77.05%
10 Yr 4.2%* -6.7% 17.2% 75.23%

* Annualized

Total Return Ranking - Calendar

Period PPEAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.2% -21.6% 66.4% 55.23%
2018 -15.9% -64.5% 6.7% 76.61%
2017 16.1% -20.0% 80.9% 77.47%
2016 0.7% -23.9% 32.0% 93.90%
2015 -6.4% -45.6% 13.2% 77.35%

NAV & Total Return History


Holdings

PPEAX - Holdings

Concentration Analysis

PPEAX Category Low Category High PPEAX % Rank
Net Assets 2.09 B 32.2 K 99.6 B 16.36%
Number of Holdings 18 1 9854 65.43%
Net Assets in Top 10 1.73 B -97.9 M 28.3 B 14.21%
Weighting of Top 10 82.59% 9.8% 109.6% 41.08%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PPEAX % Rank
Stocks
87.71% 80.11% 259.02% 58.41%
Bonds
10.34% -235.37% 31.52% 19.59%
Cash
1.72% -108.02% 17.75% 68.11%
Other
0.14% -2.38% 73.59% 25.18%
Preferred Stocks
0.04% 0.00% 9.79% 35.85%
Convertible Bonds
0.04% 0.00% 8.12% 49.82%

Stock Sector Breakdown

Weighting Return Low Return High PPEAX % Rank
Technology
17.36% 0.00% 51.17% 38.56%
Financial Services
15.28% 0.00% 49.38% 41.98%
Healthcare
13.37% 0.00% 54.60% 52.72%
Industrials
11.20% 0.00% 47.20% 41.00%
Consumer Cyclical
10.27% 0.00% 32.90% 40.45%
Communication Services
8.64% 0.00% 68.40% 49.42%
Consumer Defense
6.98% 0.00% 32.33% 63.27%
Real Estate
6.08% 0.00% 43.71% 34.41%
Basic Materials
4.34% 0.00% 36.18% 21.48%
Utilities
3.49% 0.00% 83.02% 41.12%
Energy
3.00% 0.00% 85.32% 69.55%

Stock Geographic Breakdown

Weighting Return Low Return High PPEAX % Rank
US
59.11% -0.49% 77.34% 25.06%
Non US
28.60% 16.60% 207.18% 75.18%

Bond Sector Breakdown

Weighting Return Low Return High PPEAX % Rank
Corporate
43.13% 0.00% 100.00% 4.22%
Cash & Equivalents
22.67% -0.83% 100.00% 77.55%
Government
17.22% 0.00% 100.00% 58.47%
Securitized
16.84% 0.00% 53.54% 30.09%
Municipal
0.12% 0.00% 38.51% 34.98%
Derivative
0.04% -0.66% 93.21% 40.92%

Bond Geographic Breakdown

Weighting Return Low Return High PPEAX % Rank
US
9.77% -0.51% 30.44% 15.55%
Non US
0.57% -0.85% 6.41% 53.17%

Expenses

PPEAX - Expenses

Operational Fees

PPEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.01% 45.88% 79.51%
Management Fee 0.00% 0.00% 1.50% 19.78%
12b-1 Fee 0.25% 0.00% 1.00% 48.86%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

PPEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 64.10%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PPEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

PPEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.30% 0.00% 614.00% 26.98%

Distributions

PPEAX - Distributions

Dividend Yield Analysis

PPEAX Category Low Category High PPEAX % Rank
Dividend Yield 0.00% 0.00% 30.22% 74.17%

Dividend Distribution Analysis

PPEAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

PPEAX Category Low Category High PPEAX % Rank
Net Income Ratio 1.77% -7.55% 13.14% 39.47%

Capital Gain Distribution Analysis

PPEAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

PPEAX - Fund Manager Analysis

Managers

James Fennessey


Start Date

Tenure

Tenure Rank

Jun 01, 2007

12.92

12.9%

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.

Randy Welch


Start Date

Tenure

Tenure Rank

Jun 01, 2007

12.92

12.9%

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.

Scott Smith


Start Date

Tenure

Tenure Rank

May 02, 2017

3.0

3.0%

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
0.04 37.68 4.79 0.33