PTCMX

About PTCMX

Principal LifeTime 2030 Fund R-3 Class is a target-date mutual fund designed to deliver a total return through long-term capital growth and current income as investors approach a 2030 retirement horizon. It follows a glide path that gradually shifts from equities toward fixed income and real assets, aiming to balance growth potential with increasing capital preservation needs over time, and continues reallocating for about a decade beyond the target date. Structured as a fund of funds, it invests primarily in underlying Principal strategies spanning domestic and international equities, core and short-term bonds, high yield, inflation-protected securities, and real assets to provide broad diversification. The portfolio’s largest allocations include core fixed income and diversified international equity, complemented by large-cap growth, value, and index exposures alongside income-oriented bond sleeves. Benchmarking against the S&P Target Date 2030 Index situates it within the Target-Date 2030 category, reflecting a moderate risk profile consistent with investors nearing retirement. The fund emphasizes annual distributions and maintains an expense structure typical for its share class while remaining open to investors.