Principal Funds, Inc. - Principal Lifetime Hybrid 2065 Fund (PLHHX)
Principal Funds, Inc. - Principal Lifetime Hybrid 2065 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $20.13, down 0.20% on the session, giving a market capitalisation of $114.9M. Its beta of 1.22 implies it has historically moved more than the broad market.
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.
Principal Funds, Inc. - Principal Lifetime Hybrid 2065 Fund is most often compared with the following Financial Services names: