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Critical Facts You Need to Know About Preferred Stocks
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Principal LifeTime 2050 Fund
mutual fund
PPEAX
Payout Change
Pending
Price as of:
$18.74
-0.01
-0.05%
primary theme
Target-Date 2050
share class
PPEAX (Mutual Fund)
Principal LifeTime 2050 Fund
Payout Change
Pending
Price as of:
$18.74
-0.01
-0.05%
primary theme
Target-Date 2050
share class
PPEAX (Mutual Fund)
Principal LifeTime 2050 Fund
Payout Change
Pending
Price as of:
$18.74
-0.01
-0.05%
primary theme
Target-Date 2050
share class
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
18.4%
1 yr return
23.8%
3 Yr Avg Return
5.3%
5 Yr Avg Return
9.4%
Net Assets
$3.33 B
Holdings in Top 10
87.2%
52 WEEK LOW AND HIGH
$18.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.12%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PPEAX - Profile
Distributions
- YTD Total Return 18.4%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 9.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.11%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePrincipal LifeTime 2050 Fund
-
Fund Family NamePrincipal Funds
-
Inception DateOct 28, 2005
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Fennessey
PPEAX - Performance
Return Ranking - Trailing
| Period | PPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.4% | 13.2% | 29.1% | 30.32% |
| 1 Yr | 23.8% | 19.2% | 29.0% | 65.96% |
| 3 Yr | 5.3%* | 0.6% | 8.6% | 66.84% |
| 5 Yr | 9.4%* | 6.5% | 11.8% | 71.08% |
| 10 Yr | 8.3%* | 6.0% | 9.8% | 64.00% |
* Annualized
Return Ranking - Calendar
| Period | PPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.2% | 10.2% | 21.3% | 69.52% |
| 2022 | -25.8% | -67.5% | -15.9% | 72.19% |
| 2021 | 8.3% | -7.8% | 20.4% | 47.19% |
| 2020 | 10.7% | 4.0% | 15.5% | 60.84% |
| 2019 | 18.2% | 7.4% | 23.2% | 60.38% |
Total Return Ranking - Trailing
| Period | PPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.4% | 13.2% | 29.1% | 30.32% |
| 1 Yr | 23.8% | 19.2% | 29.0% | 65.96% |
| 3 Yr | 5.3%* | 0.6% | 8.6% | 66.84% |
| 5 Yr | 9.4%* | 6.5% | 11.8% | 71.08% |
| 10 Yr | 8.3%* | 6.0% | 9.8% | 64.00% |
* Annualized
Total Return Ranking - Calendar
| Period | PPEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.0% | 13.0% | 37.6% | 26.74% |
| 2022 | -17.0% | -29.3% | -2.1% | 34.22% |
| 2021 | 18.2% | 8.7% | 22.0% | 33.15% |
| 2020 | 17.9% | 7.1% | 23.1% | 34.34% |
| 2019 | 28.6% | 20.2% | 41.5% | 10.69% |
NAV & Total Return History
PPEAX - Holdings
Concentration Analysis
| PPEAX | Category Low | Category High | PPEAX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.33 B | 7.88 M | 75.9 B | 21.28% |
| Number of Holdings | 17 | 3 | 591 | 65.43% |
| Net Assets in Top 10 | 2.87 B | 10 M | 77.4 B | 21.28% |
| Weighting of Top 10 | 87.20% | 40.6% | 144.3% | 55.38% |
Top 10 Holdings
- Diversified International Fund 15.63%
- Blue Chip Fund 11.62%
- LargeCap SP 500 Index Fund 11.59%
- LargeCap Growth Fund I 11.43%
- LargeCap Value Fund III 10.84%
- Equity Income Fund 10.81%
- Overseas Fund 6.45%
- Origin Emerging Markets Fund 3.50%
- Core Fixed Income Fund 3.06%
- International Small Company Fund 2.27%
Asset Allocation
| Weighting | Return Low | Return High | PPEAX % Rank | |
|---|---|---|---|---|
| Stocks | 100.00% | 0.00% | 100.10% | 17.02% |
| Convertible Bonds | 0.01% | 0.00% | 0.93% | 96.28% |
| Cash | 0.00% | 0.00% | 45.45% | 80.85% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 84.04% |
| Other | 0.00% | -0.01% | 3.76% | 76.06% |
| Bonds | 0.00% | 0.00% | 9.07% | 85.11% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PPEAX % Rank | |
|---|---|---|---|---|
| Technology | 17.95% | 14.07% | 24.11% | 75.53% |
| Financial Services | 16.51% | 12.80% | 18.83% | 26.06% |
| Healthcare | 12.59% | 10.42% | 14.66% | 52.66% |
| Industrials | 12.30% | 9.14% | 12.45% | 3.19% |
| Consumer Cyclical | 10.17% | 8.06% | 13.35% | 90.96% |
| Real Estate | 6.47% | 1.86% | 10.17% | 35.64% |
| Communication Services | 6.23% | 5.69% | 10.23% | 88.30% |
| Consumer Defense | 6.11% | 4.68% | 11.06% | 78.19% |
| Energy | 4.91% | 2.33% | 6.54% | 25.00% |
| Basic Materials | 4.36% | 3.22% | 6.86% | 72.87% |
| Utilities | 2.39% | 1.90% | 8.12% | 77.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PPEAX % Rank | |
|---|---|---|---|---|
| US | 100.00% | 0.00% | 100.10% | 17.02% |
| Non US | 0.00% | 0.00% | 38.35% | 84.57% |
PPEAX - Expenses
Operational Fees
| PPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.12% | 0.01% | 16.02% | 31.91% |
| Management Fee | 0.00% | 0.00% | 0.90% | 23.78% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 53.19% |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| PPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 3.50% | 5.75% | 66.67% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PPEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 21.00% | 1.00% | 110.00% | 53.22% |
PPEAX - Distributions
Dividend Yield Analysis
| PPEAX | Category Low | Category High | PPEAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.14% | 0.00% | 5.32% | 12.77% |
Dividend Distribution Analysis
| PPEAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PPEAX | Category Low | Category High | PPEAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.11% | -0.36% | 4.43% | 48.63% |
Capital Gain Distribution Analysis
| PPEAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Semi-Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2023 | $0.213 | OrdinaryDividend |
| Dec 20, 2023 | $0.434 | OrdinaryDividend |
| Dec 30, 2022 | $0.124 | OrdinaryDividend |
| Dec 20, 2022 | $1.122 | CapitalGainLongTerm |
| Dec 31, 2021 | $0.494 | OrdinaryDividend |
| Dec 20, 2021 | $0.937 | OrdinaryDividend |
| Dec 31, 2020 | $0.222 | OrdinaryDividend |
| Dec 18, 2020 | $0.623 | OrdinaryDividend |
| Dec 31, 2019 | $0.239 | OrdinaryDividend |
| Dec 19, 2019 | $0.049 | CapitalGainShortTerm |
| Dec 19, 2019 | $0.773 | CapitalGainLongTerm |
| Dec 31, 2018 | $0.244 | OrdinaryDividend |
| Dec 19, 2018 | $0.007 | CapitalGainShortTerm |
| Dec 19, 2018 | $0.829 | CapitalGainLongTerm |
| Dec 29, 2017 | $0.290 | OrdinaryDividend |
| Dec 20, 2017 | $0.022 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.436 | CapitalGainLongTerm |
| Dec 30, 2016 | $0.153 | OrdinaryDividend |
| Dec 20, 2016 | $0.450 | CapitalGainLongTerm |
| Dec 31, 2015 | $0.144 | OrdinaryDividend |
| Dec 17, 2015 | $0.025 | CapitalGainShortTerm |
| Dec 17, 2015 | $0.595 | CapitalGainLongTerm |
| Dec 31, 2014 | $0.358 | OrdinaryDividend |
| Dec 17, 2014 | $0.006 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.601 | CapitalGainLongTerm |
| Dec 31, 2013 | $0.223 | OrdinaryDividend |
| Dec 18, 2013 | $0.411 | CapitalGainLongTerm |
| Dec 31, 2012 | $0.218 | OrdinaryDividend |
| Dec 30, 2011 | $0.175 | OrdinaryDividend |
| Dec 31, 2010 | $0.135 | OrdinaryDividend |
| Dec 31, 2009 | $0.162 | OrdinaryDividend |
| Dec 31, 2008 | $0.149 | OrdinaryDividend |
| Dec 10, 2008 | $0.356 | CapitalGainLongTerm |
| Dec 31, 2007 | $0.372 | OrdinaryDividend |
| Dec 06, 2007 | $0.055 | CapitalGainShortTerm |
| Dec 06, 2007 | $0.308 | CapitalGainLongTerm |
| Dec 29, 2006 | $0.264 | OrdinaryDividend |
| Dec 06, 2006 | $0.017 | CapitalGainShortTerm |
| Dec 06, 2006 | $0.093 | CapitalGainLongTerm |
| Dec 06, 2005 | $0.001 | CapitalGainShortTerm |
| Dec 06, 2005 | $0.104 | CapitalGainLongTerm |
PPEAX - Fund Manager Analysis
Managers
James Fennessey
Start Date
Tenure
Tenure Rank
Jun 01, 2007
15.01
15.0%
Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation.
Randy Welch
Start Date
Tenure
Tenure Rank
Jun 01, 2007
15.01
15.0%
Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University.
Scott Smith
Start Date
Tenure
Tenure Rank
May 02, 2017
5.08
5.1%
Mr. Smith is a research analyst and portfolio manager at Principal Global Investors. He is an analyst within the firm's asset allocation and structured investments group. He also provides research assistance to various business units within Principal Global Investors. He joined the firm in 1999.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 17.09 | 5.68 | 2.41 |
