Principal LifeTime Hybrid 2040 Fund (PLTQX)
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 that invests in underlying funds of Principal Funds, Inc. ("PFI"), with a majority of the fund's assets invested in index funds. 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.
Fund Info
US7425377808
742537780
Sep 29, 2014
$0
Large-Cap
Blend
Expense Ratio
PLTQX has an expense ratio of 0.05%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Principal LifeTime Hybrid 2040 Fund (PLTQX) returned 3.47% year-to-date (YTD) and 10.24% over the past 12 months. Over the past 10 years, PLTQX returned 7.95% annually, underperforming the S&P 500 benchmark at 10.84%.
PLTQX
3.47%
4.54%
1.09%
10.24%
9.15%
10.44%
7.95%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of PLTQX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.72% | -0.00% | -3.44% | -0.21% | 4.54% | 3.47% | |||||||
| 2024 | 0.00% | 3.81% | 3.10% | -3.56% | 4.13% | 1.04% | 2.27% | 1.95% | 1.72% | -2.21% | 3.65% | -2.80% | 13.48% |
| 2023 | 6.68% | -2.57% | 2.06% | 0.97% | -1.12% | 5.10% | 2.54% | -2.18% | -4.22% | -2.72% | 7.99% | 5.19% | 18.17% |
| 2022 | -5.04% | -2.45% | 1.19% | -7.37% | 0.30% | -7.56% | 7.46% | -3.95% | -8.31% | 5.93% | 6.40% | -4.38% | -17.90% |
| 2021 | -0.29% | 2.31% | 2.82% | 3.64% | 1.13% | 0.78% | 0.97% | 1.99% | -3.78% | 4.39% | -1.82% | 4.06% | 17.09% |
| 2020 | -0.48% | -5.86% | -12.12% | 9.42% | 3.99% | 2.30% | 4.92% | 4.53% | -2.36% | -1.56% | 9.49% | 4.32% | 15.42% |
| 2019 | 7.24% | 2.31% | 1.30% | 2.92% | -4.75% | 5.60% | 0.33% | -1.24% | 1.67% | 1.97% | 2.02% | 2.71% | 23.86% |
| 2018 | 4.09% | -3.85% | -0.92% | 0.34% | 1.34% | -0.41% | 2.41% | 1.62% | -0.32% | -6.97% | 1.12% | -6.74% | -8.61% |
| 2017 | 2.14% | 2.38% | 0.65% | 1.38% | 1.27% | 0.81% | 2.23% | 0.44% | 2.00% | 1.62% | 1.76% | 1.02% | 19.16% |
| 2016 | -4.23% | -0.43% | 6.27% | 0.71% | 1.11% | 0.10% | 3.49% | 0.19% | 0.39% | -2.20% | 1.76% | 1.55% | 8.67% |
| 2015 | -0.20% | 4.26% | -0.78% | 1.08% | 0.49% | -1.84% | 0.69% | -5.18% | -2.06% | 5.68% | -0.00% | -1.80% | -0.10% |
| 2014 | 3.33% | 2.84% | -1.79% | 4.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PLTQX is 55, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal LifeTime Hybrid 2040 Fund (PLTQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Principal LifeTime Hybrid 2040 Fund provided a 3.11% dividend yield over the last twelve months, with an annual payout of $0.47 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.47 | $0.42 | $1.04 | $0.77 | $0.54 | $0.48 | $0.47 | $0.28 | $0.24 | $0.16 | $0.47 |
Dividend yield | 3.11% | 3.22% | 3.14% | 8.95% | 5.00% | 3.85% | 3.84% | 4.47% | 2.37% | 2.34% | 1.65% | 4.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal LifeTime Hybrid 2040 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2019 | $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 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2017 | $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 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2014 | $0.47 | $0.47 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Principal LifeTime Hybrid 2040 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 Hybrid 2040 Fund was 29.05%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.
The current Principal LifeTime Hybrid 2040 Fund drawdown is 0.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.05% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
| -24.18% | Jan 5, 2022 | 196 | Oct 14, 2022 | 339 | Feb 22, 2024 | 535 |
| -17.15% | Jan 29, 2018 | 229 | Dec 24, 2018 | 130 | Jul 2, 2019 | 359 |
| -14.37% | May 19, 2015 | 186 | Feb 11, 2016 | 110 | Jul 20, 2016 | 296 |
| -13.75% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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