LTRIX

About LTRIX

Principal LifeTime 2045 Fund - Institutional Class is a target date mutual fund designed to help investors prepare for retirement around the year 2045. Its core purpose is to offer a diversified, long-term investment solution that gradually shifts its asset allocation to become more conservative as the target date approaches. The fund follows an asset allocation strategy that blends domestic and international equities, fixed-income securities, and real asset investments, providing broad diversification across sectors and geographic regions. It achieves this diversification by allocating capital among a range of underlying Principal funds, including both equity and bond holdings, to balance growth potential with risk management as retirement nears. The fund's role in the financial market is to serve as a comprehensive, all-in-one retirement planning vehicle, allowing investors to 'set and forget' their retirement investing strategy while benefiting from systematic rebalancing and professional management. With significant assets under management and annual dividend distributions, the fund caters primarily to institutional investors focused on capital appreciation and income generation as part of a long-term retirement plan.