2 / 5 Stars
2 3 1 2 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 51 Target Date 2036-2040 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 13.08 percent over the past year, 8.43 percent over the past three years, 15.52 percent over the past five years, and 5.17 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.6%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||15.5%|
|10 Years (Annualized)||5.2%|
The investment seeks a total return consisting of long-term growth of capital and current income. The fund operates as a "target date fund." It 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 having a retirement investment goal close to the year in the fund's name. The fund invests in PFI Institutional Class shares of underlying funds. Within 10 to 15 years after its target year, the fund's underlying fund allocation is expected to match that of the Principal LifeTime Strategic Income Fund.
Fees are Above Average compared to funds in the same category.
Principal LifeTime 2040 Fund has an expense ratio of 1.16 percent.
Risk is Average compared to funds in the same category according to Morningstar.