Principal LifeTime 2055 Fund (LTFIX)
Principal LifeTime 2055 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Kansas City, MO, US. The stock last traded at $19.58, up 0.46% on the session, giving a market capitalisation of $1.19B. Its beta of 1.21 implies it has historically moved more than the broad market.
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.
Principal LifeTime 2055 Fund is most often compared with the following Financial Services names: