Principal LifeTime 2060 Institutional

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 PFI Institutional Class shares. 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.

Key stats

Management firm  Principal Funds
Domicile  United States
Fund Administrator  Principal Management Corp
Global Branding Name  Principal
12 month yield  2.57%
Fund currency  USD
Launch Date  2013-03-01
ISIN  US74255L5637
SEDOL  B91TYC8
Manager 1 Name  Jeffrey Tyler
Manager 2 Name  Matthew Annenberg
Fund Strategy  Target Date 2051+
Benchmark  S&P Target Date 2055+ TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2015-04-30
Return - 1 Month  1.20%
Return - 2 Months  0.40 %
Return - 3 Months  5.26%
Return - 6 Months  4.39 %
Return - 9 months  6.36 %
Return - 12 Months  9.05%
Annualized return 24 months  12.22 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  13.69%
Return YTD  4.04%

Charges

Initial  0.00 %
Maximum Managment Charge  0.03 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Principal Funds
Contact Address 2  30 Dan Road
Contact city  Canton
Contact country  United States
Fund Admin Group  Principal Funds
Web Address  www.principal.com
Custodian  The Bank of New York Mellon
Phone  1-800-222-5852

Price

Last Price Date  2015-05-22
Pre-tax nav  12.85
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.03
Price change (percentage)  -0.23 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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