PTDJX: Principal LifeTime 2040 Fund - MutualFunds.com
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PTDJX - Snapshot

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 8.0%
  • 5 Yr Annualized Return 12.0%
  • Net Assets $4.23 B
  • Holdings in Top 10 84.2%

52 WEEK LOW AND HIGH

$17.47
$11.01
$17.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.21%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 32.80%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2040

Compare PTDJX to Popular Target-Date 2040 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$45.29

-1.93%

$35.90 B

1.56%

$0.72

2.30%

-

$30.03

-1.90%

$33.84 B

1.60%

$0.49

2.32%

-

$12.26

-2.08%

$27.52 B

0.99%

$0.12

4.34%

0.75%

$19.02

-2.01%

$24.37 B

0.75%

$0.14

2.42%

0.34%

$31.61

-2.17%

$15.37 B

0.77%

$0.25

3.88%

0.09%

PTDJX - Profile

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 8.0%
  • 5 Yr Annualized Total Return 12.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal LifeTime 2040 Fund
  • Fund Family Name
    Principal Funds
  • Inception Date
    Jun 15, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy Welch

Fund Description

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.


PTDJX - Performance

Return Ranking - Trailing

Period PTDJX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% 0.3% 4.6% 54.79%
1 Yr 15.5% 7.4% 21.4% 43.18%
3 Yr 8.0%* 4.4% 9.7% 37.88%
5 Yr 12.0%* 9.2% 14.0% 55.11%
10 Yr 8.9%* 7.0% 10.9% 55.37%

* Annualized

Return Ranking - Calendar

Period PTDJX Return Category Return Low Category Return High Rank in Category (%)
2020 9.4% 1.3% 14.9% 71.98%
2019 16.3% 4.1% 22.6% 65.67%
2018 -15.7% -23.1% -6.9% 61.80%
2017 13.6% -15.1% 18.8% 66.27%
2016 0.5% -0.2% 8.2% 94.44%

Total Return Ranking - Trailing

Period PTDJX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% 0.3% 4.6% 54.79%
1 Yr 14.5% 3.5% 21.4% 59.91%
3 Yr 8.0%* 2.3% 9.7% 34.69%
5 Yr 12.0%* 7.9% 14.0% 52.30%
10 Yr 8.9%* 7.0% 10.9% 52.94%

* Annualized

Total Return Ranking - Calendar

Period PTDJX Return Category Return Low Category Return High Rank in Category (%)
2020 9.4% 1.3% 14.9% 71.98%
2019 16.3% 4.1% 22.6% 65.67%
2018 -15.7% -23.1% -5.5% 77.53%
2017 13.6% -15.1% 26.3% 86.75%
2016 0.5% -0.1% 10.6% 95.14%

NAV & Total Return History


PTDJX - Holdings

Concentration Analysis

PTDJX Category Low Category High PTDJX % Rank
Net Assets 4.23 B 150 K 35.9 B 21.97%
Number of Holdings 17 1 532 57.85%
Net Assets in Top 10 3.56 B 123 K 35.6 B 21.97%
Weighting of Top 10 84.16% 38.5% 100.0% 47.32%

Top 10 Holdings

  1. Principal Core Fixed Income R6 15.45%
  2. Principal Diversified International R-6 12.80%
  3. Principal Overseas Instl 8.25%
  4. Principal LargeCap Growth I R6 8.17%
  5. Principal Blue Chip R-6 8.03%
  6. Principal Large Cap S&P 500 Index Inst 8.03%
  7. Principal Equity Income Inst 7.84%
  8. Principal Large Cap Value III Inst 7.83%
  9. Principal MidCap Growth III Inst 3.93%
  10. Principal Origin Emerging Markets R6 3.84%

Asset Allocation

Weighting Return Low Return High PTDJX % Rank
Stocks
80.28% 40.22% 90.66% 59.64%
Bonds
17.31% 2.04% 83.47% 33.18%
Cash
2.06% -61.88% 9.18% 57.85%
Other
0.16% -0.25% 39.58% 42.60%
Preferred Stocks
0.15% 0.00% 0.79% 30.94%
Convertible Bonds
0.03% 0.00% 0.90% 96.86%

Stock Sector Breakdown

Weighting Return Low Return High PTDJX % Rank
Technology
18.69% 12.61% 22.09% 70.85%
Financial Services
16.19% 11.46% 17.43% 17.04%
Industrials
12.46% 9.05% 14.81% 10.76%
Consumer Cyclical
11.75% 9.41% 14.19% 65.47%
Healthcare
10.86% 10.09% 17.02% 92.38%
Communication Services
8.52% 6.69% 11.10% 56.95%
Real Estate
5.76% 1.82% 9.05% 32.74%
Consumer Defense
5.56% 5.05% 12.19% 92.83%
Basic Materials
4.52% 2.53% 7.40% 44.39%
Energy
2.90% 1.62% 3.65% 36.32%
Utilities
2.79% 0.61% 4.51% 42.60%

Stock Geographic Breakdown

Weighting Return Low Return High PTDJX % Rank
US
50.61% 9.47% 65.08% 49.78%
Non US
29.67% 11.75% 44.82% 52.91%

Bond Sector Breakdown

Weighting Return Low Return High PTDJX % Rank
Corporate
56.76% 0.10% 57.41% 4.04%
Securitized
17.27% 0.00% 31.10% 52.91%
Cash & Equivalents
14.18% 0.36% 49.23% 70.40%
Government
11.76% 9.62% 62.08% 89.69%
Derivative
0.03% 0.00% 27.44% 51.57%
Municipal
0.00% 0.00% 16.40% 83.41%

Bond Geographic Breakdown

Weighting Return Low Return High PTDJX % Rank
US
16.62% 0.58% 44.89% 28.70%
Non US
0.69% -12.37% 38.58% 92.38%

PTDJX - Expenses

Operational Fees

PTDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.21% 0.01% 12.08% 84.58%
Management Fee 0.00% 0.00% 0.88% 3.18%
12b-1 Fee 0.15% 0.00% 1.00% 24.39%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

PTDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 21.43%

Trading Fees

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

PTDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.80% 2.00% 101.00% 55.81%

PTDJX - Distributions

Dividend Yield Analysis

PTDJX Category Low Category High PTDJX % Rank
Dividend Yield 0.00% 0.00% 0.15% 10.31%

Dividend Distribution Analysis

PTDJX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PTDJX Category Low Category High PTDJX % Rank
Net Income Ratio 1.86% 0.18% 6.53% 43.54%

Capital Gain Distribution Analysis

PTDJX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

PTDJX - Fund Manager Analysis

Managers

Randy Welch


Start Date

Tenure

Tenure Rank

May 29, 2007

13.69

13.7%

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

13.69

13.7%

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

3.75

3.8%

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 16.26 5.01 1.08