Principal LifeTime Strategic Income Fund (PLSIX)
The fund 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. Its asset allocation is designed for investors who are approximately 10 years beyond the normal retirement age of 65.
Fund Info
| ISIN | US74253M1918 |
|---|---|
| CUSIP | 74253M191 |
| Issuer | Principal |
| Inception Date | Feb 28, 2001 |
| Category | Target Retirement Date |
| Min. Investment | $0 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PLSIX has an expense ratio of 0.02%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PLSIX vs. ONEQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal LifeTime Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Principal LifeTime Strategic Income Fund had a return of 7.16% year-to-date (YTD) and 17.36% in the last 12 months. Over the past 10 years, Principal LifeTime Strategic Income Fund had an annualized return of 3.90%, while the S&P 500 had an annualized return of 11.18%, indicating that Principal LifeTime Strategic Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.16% | 21.88% |
| 1 month | -1.35% | 0.89% |
| 6 months | 6.57% | 15.85% |
| 1 year | 17.36% | 38.63% |
| 5 years (annualized) | 3.80% | 13.69% |
| 10 years (annualized) | 3.90% | 11.18% |
Monthly Returns
The table below presents the monthly returns of PLSIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.09% | 0.92% | 1.82% | -2.32% | 2.19% | 0.71% | 2.04% | 1.57% | 1.37% | 7.16% | |||
| 2023 | 4.27% | -2.19% | 1.85% | 0.96% | -1.23% | 2.11% | 1.31% | -1.11% | -2.72% | -1.73% | 5.39% | 3.92% | 10.93% |
| 2022 | -2.95% | -1.60% | -0.60% | -4.57% | 0.36% | -4.32% | 4.24% | -2.71% | -5.66% | 2.07% | 4.24% | -1.85% | -13.11% |
| 2021 | -0.63% | 0.24% | 0.24% | 1.83% | 0.55% | 0.70% | 0.85% | 0.46% | -1.37% | 1.23% | -1.37% | 1.66% | 4.40% |
| 2020 | 1.09% | -0.92% | -5.88% | 4.64% | 2.22% | 1.25% | 2.56% | 1.21% | -0.79% | -0.64% | 3.79% | 1.63% | 10.19% |
| 2019 | 3.15% | 0.96% | 1.47% | 1.28% | -0.67% | 2.46% | 0.33% | 0.82% | 0.08% | 0.73% | 0.57% | 0.96% | 12.77% |
| 2018 | 1.30% | -2.16% | -0.08% | 0.08% | 0.41% | -0.24% | 1.14% | 0.56% | -0.16% | -2.73% | 0.33% | -1.56% | -3.15% |
| 2017 | 1.09% | 1.16% | 0.25% | 0.90% | 0.98% | -0.00% | 1.13% | 0.64% | 0.48% | 0.71% | 0.47% | 0.61% | 8.73% |
| 2016 | -0.94% | 0.26% | 2.51% | 0.76% | 0.25% | 0.92% | 1.49% | 0.25% | 0.24% | -0.81% | -0.82% | 0.64% | 4.79% |
| 2015 | 0.67% | 1.33% | -0.08% | 0.49% | -0.08% | -1.22% | 0.41% | -1.89% | -0.92% | 1.78% | -0.25% | -1.04% | -0.88% |
| 2014 | -0.09% | 1.97% | -0.08% | 0.59% | 1.33% | 0.82% | -0.90% | 1.48% | -1.54% | 0.99% | 0.57% | -0.59% | 4.59% |
| 2013 | 1.06% | 0.44% | 0.95% | 1.20% | -1.19% | -1.89% | 1.49% | -1.04% | 1.92% | 1.71% | 0.34% | 0.35% | 5.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PLSIX is 72, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal LifeTime Strategic Income Fund (PLSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal LifeTime Strategic Income Fund provided a 2.42% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.28 | $0.53 | $0.95 | $0.48 | $0.65 | $0.85 | $0.59 | $0.30 | $0.25 | $0.26 | $0.26 |
Dividend yield | 2.42% | 2.59% | 5.27% | 7.76% | 3.80% | 5.45% | 7.67% | 4.76% | 2.50% | 2.11% | 2.15% | 2.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal LifeTime Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.95 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.48 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.85 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.59 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2013 | $0.26 | $0.26 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal LifeTime Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal LifeTime Strategic Income Fund was 31.94%, occurring on Mar 9, 2009. Recovery took 418 trading sessions.
The current Principal LifeTime Strategic Income Fund drawdown is 1.52%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.94% | Oct 30, 2007 | 340 | Mar 9, 2009 | 418 | Nov 2, 2010 | 758 |
| -17.93% | Nov 10, 2021 | 234 | Oct 14, 2022 | 435 | Jul 11, 2024 | 669 |
| -12.44% | Feb 21, 2020 | 22 | Mar 23, 2020 | 52 | Jun 5, 2020 | 74 |
| -6.16% | Apr 28, 2015 | 201 | Feb 11, 2016 | 98 | Jul 1, 2016 | 299 |
| -6.16% | Jan 29, 2018 | 229 | Dec 24, 2018 | 58 | Mar 20, 2019 | 287 |
Volatility
Volatility Chart
The current Principal LifeTime Strategic Income Fund volatility is 1.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.