3 / 5 Stars
4 4 5 2 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#10 in Retirement Income
U.S. News evaluated 60 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 3.79 percent over the past year, 5.40 percent over the past three years, 9.68 percent over the past five years, and 4.03 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.2%|
|3 Years (Annualized)||5.4%|
|5 Years (Annualized)||9.7%|
|10 Years (Annualized)||4.0%|
The investment seeks current income, and as a secondary objective, capital appreciation. The fund invests in underlying Principal Funds, Inc. ("PFI") domestic and foreign equity, real asset and alternative investments, and fixed-income funds according to an asset allocation strategy designed for investors primarily seeking current income and secondarily capital appreciation. Its asset allocation is designed for investors who are approximately 15 years beyond the normal retirement age of 65. The fund invests in PFI Institutional Class shares of underlying funds.
Fees are Average compared to funds in the same category.
Principal LifeTime Strategic Income Fund has an expense ratio of 0.41 percent.
Risk is Average compared to funds in the same category according to Morningstar.