PTDIX

About PTDIX

Principal LifeTime 2040 Fund Institutional Class is a target-date mutual fund designed to help investors plan and manage retirement savings with an anticipated retirement horizon around the year 2040. The fund uses a diversified, multi-asset allocation strategy, primarily investing through a fund-of-funds approach that includes a broad mix of Principal Exchange-Traded Funds and mutual funds. Its portfolio spans domestic and international equities, fixed-income securities, and real assets, with allocations that adjust over time—shifting from a higher proportion of equities toward more conservative fixed-income holdings as 2040 approaches. This dynamic allocation seeks to balance long-term capital growth potential with risk management, aligning with the evolving risk tolerance of investors nearing retirement. The fund is actively managed by a team of experienced professionals and is benchmarked against the S&P Target Date 2040 Index, ensuring its strategy remains suitable for its intended investment time frame. Principal LifeTime 2040 Fund Institutional Class plays a significant role in retirement planning by offering automated diversification and professional oversight for investors targeting retirement in about 15 years.