Principal LifeTime 2055 Fund

Frequently Asked Questions About LTFIX

What does LTFIX invest in?

The fund operates as a "target date fund" that invests according to an asset allocation strategy designed for investors having a retirement investment goal close to the year in 2055. It is a fund of funds and invests in underlying funds of Principal Exchange-Traded Funds (“PETF”) and Principal Funds, Inc. (“PFI”). Its underlying funds consist of domestic and foreign equity funds, fixed-income funds, real asset funds, and other funds that aim to offer diversification beyond traditional equity and fixed-income securities.

What is the expense ratio of LTFIX?

Principal LifeTime 2055 Fund (LTFIX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LTFIX?

Principal LifeTime 2055 Fund (LTFIX) manages $1.16B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LTFIX actively managed or an index fund?

LTFIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was LTFIX launched?

Principal LifeTime 2055 Fund (LTFIX) launched in March 2008 and is managed by the fund issuer.

How has LTFIX performed?

LTFIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.