# Principal LifeTime Hybrid 2065 Instl (PLHHX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/plhhx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Principal · Asset class: Equity - Strategy: Thematic · Inception: 2017-09-06 This investment vehicle functions as a target-date fund, explicitly designed for individuals aiming to retire approximately in 2065. It employs a dynamic asset allocation strategy tailored to that specific retirement horizon. Structured as a "fund of funds," it primarily allocates capital to various underlying portfolios managed by Principal Funds, Inc. (PFI), with a significant majority of its assets invested in index-tracking funds. The constituent portfolios encompass a broad array of asset classes, including both U.S. and international equities, fixed-income instruments, real asset inve... ## Key Facts | Metric | Value | |---|---| | Price | $19.76 | | Expense Ratio | 0.36% | | Assets Under Management | $123.8M | | NAV | $19.76 | | Holdings Count | — | | Distribution Yield (TTM) | 3.50% | | Annual Distribution (TTM) | $0.69 /share | | Distribution Frequency | Irregular | | 52-Week Range | $17.03 – $20.33 | | Beta | 1.22 | ## Latest Distribution - Amount: $0.3568 /share - Ex-date: 2025-12-31 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does PLHHX invest in? This investment vehicle functions as a target-date fund, explicitly designed for individuals aiming to retire approximately in 2065. It employs a dynamic asset allocation strategy tailored to that specific retirement horizon. Structured as a "fund of funds," it primarily allocates capital to various underlying portfolios managed by Principal Funds, Inc. (PFI), with a significant majority of its assets invested in index-tracking funds. The constituent portfolios encompass a broad array of asset classes, including both U.S. and international equities, fixed-income instruments, real asset investments, and other specialized funds, all contributing to comprehensive diversification beyond conventional stocks and bonds. ### What is the expense ratio of PLHHX? Principal LifeTime Hybrid 2065 Instl (PLHHX) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PLHHX? Principal LifeTime Hybrid 2065 Instl (PLHHX) manages $123.8M 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 PLHHX actively managed or an index fund? PLHHX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was PLHHX launched? Principal LifeTime Hybrid 2065 Instl (PLHHX) launched in September 2017 and is managed by Principal. ### How has PLHHX performed? PLHHX'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. ### Does PLHHX pay a dividend? Principal LifeTime Hybrid 2065 Instl (PLHHX) currently distributes little or no income. Trailing-twelve-month yield is 3.50%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PLHHX pay dividends? Principal LifeTime Hybrid 2065 Instl pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PLHHX's dividend yield? PLHHX's trailing-twelve-month yield is 3.50%, calculated from the sum of dividends over the past year divided by the current price. ### When is PLHHX's next ex-dividend date? The most recently announced ex-dividend date for PLHHX was 2025-12-31. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will PLHHX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.36% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PLHHX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PLHHX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PLHHX cost more than a fund like VOO? PLHHX's strategy (current expense ratio 0.36%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where PLHHX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to PLHHX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PLHHX (0.36%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/plhhx - Distribution history: https://www.dividenddata.com/funds/plhhx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/plhhx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/plhhx/expenses - Peer comparison: https://www.dividenddata.com/funds/plhhx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.