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." It invests in underlying Principal Funds, Inc. ("PFI") domestic and foreign equity, real asset and alternative investments, and fixed-income funds according to an asset allocation strategy designed for investors having a retirement investment goal close to the year in the fund's name. The fund invests in PFI Institutional Class shares of underlying funds. Within 10 to 15 years after its target year, the fund's underlying fund allocation is expected to match that of the Principal LifeTime Strategic Income Fund.

Key stats

Management firm  Principal Funds
Domicile  United States
Fund Administrator  Principal Management Corp
Global Branding Name  Principal
12 month yield  1.60%
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+
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  2.06%
Return - 2 Months  4.21 %
Return - 3 Months  3.95%
Return - 6 Months  5.54 %
Return - 9 months  13.83 %
Return - 12 Months  22.21%
Annualized return 24 months  0.00 %
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  19.06%
Return YTD  5.54%

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

Price

Last Price Date  2014-07-17
Pre-tax nav  12.28
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  $-0.14
Price change (percentage)  -1.13 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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