PLFJX

About PLFJX

Principal LifeTime 2020 Fund is a target date mutual fund designed for individuals planning to retire near the year 2020. The fund follows a diversified asset allocation strategy, adjusting over time to become more conservative as the retirement date approaches. Its portfolio consists of underlying Principal-managed funds spanning domestic and international equities, fixed-income, and real asset investments, providing broad market exposure for investors seeking both growth and income. The fund is managed as a fund of funds, including significant allocations to core fixed income, short-term income, and major U.S. equity segments, as well as inflation-protected and high yield bonds. Principal LifeTime 2020 Fund plays a significant role for investors seeking a professionally managed, all-in-one retirement solution that automatically adjusts its risk profile as retirement nears. Backed by experienced portfolio managers, this fund aims to offer a balanced approach tailored to investors close to the target retirement date, supporting their transition from asset growth to income preservation and stability in later years.