Principal LifeTime 2040 Fund
| Class A | Class B | Class C | |
|---|---|---|---|
| First Offered | 6/28/2005 | 6/28/2005 | 1/16/2007 |
| NASDAQ Symbol | PTDAX | PTDBX | PPTFX |
| Purchases1 | $1,000 minimum initial investment; $100 subsequent | ||
| Dividend Frequency | Annually |
Fund Strategy
The investment seeks a total return consisting of long-term growth of capital and current income. The fund primarily invests in shares of other Principal Funds. The underlying funds are intended to give the fund broad exposure to the domestic and foreign equity and fixed income markets. The sub-advisor intends to allocate assets so that within approximately five to ten years after the year 2040, the fund's assets invested in the underlying funds match the asset allocation of the Principal LifeTime Strategic Income Fund. This fund offers multiple share classes, all of which differ in fee structure and availability.
Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise.
Asset allocation does not guarantee a profit or protect against a loss. Investing in real estate, small-cap, international, and high-yield investment options involves additional risks.
Portfolio Manager
|
Dirk Laschanzky, CFA. Since 3/1/2001. M.B.A., University of Iowa David Blake, CFA. Since 3/31/2008. M.B.A., Saint Louis University Tim Dunbar. Since 3/31/2008. B.A., Iowa State University
|
| Fund Profiles | Fund Holdings | Additional Resources |
|
|
1With an AIP (Automatic Investment Plan), the minimum initial investment is $100. Accounts established with an AIP that do not meet the minimum initial investment must maintain subsequent automatic investments that total at least $1,200 annually.
Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.
To obtain a prospectus, download online or call Customer Service at 1.800.222.5852
While this communication may be used to promote or market a transaction or an idea that is discussed in the publication, it is intended to provide general information about the subject matter covered and is provided with the understanding that The Principal® is not rendering legal, accounting, or tax advice. It is not a marketed opinion and may not be used to avoid penalties under the Internal Revenue Code. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements. For more information about our funds, including their full names, please see the Principal Funds, Inc. prospectus or call Customer Service at 1.800.222.5852.
A mutual fund's share price and investment return will vary with market conditions, and the principal value of an investment when you sell your shares may be more or less than the original cost.
This Web site was created and is maintained by Principal Funds Distributor, Inc. exclusively, and not by the Directors of the funds.
Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc., member of the Principal Financial Group®. Principal Funds Distributor, Principal Shareholder Services, Principal Management Corporation and its affiliates, and Principal Funds, Inc. are collectively referred to as Principal Funds.
Not FDIC or NCUA/NCUSIF insured - May lose value - No bank guarantee - Not a deposit - Not insured by any federal government agency
