Principal Lifetime 2060 Fund Quote
| PLTCX Fund | USD 16.11 0.03 0.19% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Principal Lifetime is trading at 16.11 as of the 19th of April 2024; that is -0.19% down since the beginning of the trading day. The fund's open price was 16.14. Principal Lifetime has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Principal Lifetime 2060 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
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 2060. It is a fund of funds and invests in underlying funds of Principal Funds, Inc. More on Principal Lifetime 2060
Moving together with Principal Mutual Fund
| 0.96 | SABPX | Strategic Asset Mana | PairCorr |
| 0.96 | SACAX | Strategic Asset Mana | PairCorr |
| 1.0 | SAGPX | Strategic Asset Mana | PairCorr |
| 0.91 | PFIJX | Strategic Asset Mana | PairCorr |
| 0.9 | PFILX | Strategic Asset Mana | PairCorr |
| 0.98 | PFIEX | International Equity | PairCorr |
| 0.9 | PFIFX | Strategic Asset Mana | PairCorr |
Principal Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Principal Lifetime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Principal Lifetime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Principal Funds, Large Blend Funds, Target-Date 2060+ Funds, Target-Date 2060+, Principal Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
Principal Lifetime 2060 [PLTCX] is traded in USA and was established 19th of April 2024. Principal Lifetime is listed under Principal Funds category by Fama And French industry classification. The fund is listed under Target-Date 2060+ category and is part of Principal Funds family. This fund at this time has accumulated 305.65 M in assets with no minimum investment requirementsPrincipal Lifetime 2060 is currently producing year-to-date (YTD) return of 4.38% with the current yeild of 0.01%, while the total return for the last 3 years was 3.0%.
Check Principal Lifetime Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Principal Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Principal Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Principal Lifetime 2060 Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Principal Lifetime 2060 Mutual Fund Constituents
| PCMSX | Principal Midcap Value | Mutual Fund | Mid-Cap Value |
| PDIFX | Real Estate Debt | Mutual Fund | Foreign Large Blend |
| PEIIX | Equity Income Fund | Mutual Fund | Large Value |
| PFISX | International Small Pany | Mutual Fund | Foreign Small/Mid Blend |
| PGBHX | Blue Chip Fund | Mutual Fund | Large Growth |
| PICNX | Income Fund R 6 | Mutual Fund | Intermediate Core Bond |
| PIIIX | Diversified International Fund | Mutual Fund | Foreign Large Blend |
Principal Lifetime Target Price Odds Analysis
Based on a normal probability distribution, the odds of Principal Lifetime jumping above the current price in 90 days from now is about 70.02%. The Principal Lifetime 2060 probability density function shows the probability of Principal Lifetime mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0179 indicating Principal Lifetime 2060 market returns are sensitive to returns on the market. As the market goes up or down, Principal Lifetime is expected to follow. Additionally, principal Lifetime 2060 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Principal Lifetime to move above the current price in 90 days from now is about 70.02 (This Principal Lifetime 2060 probability density function shows the probability of Principal Mutual Fund to fall within a particular range of prices over 90 days) .
Principal Lifetime 2060 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Principal Lifetime market risk premium is the additional return an investor will receive from holding Principal Lifetime long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Principal Lifetime. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Principal Lifetime's alpha and beta are two of the key measurements used to evaluate Principal Lifetime's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.519 | |||
| Semi Deviation | 0.648 | |||
| Standard Deviation | 0.6547 | |||
| Variance | 0.4286 |
Principal Lifetime Against Markets
Picking the right benchmark for Principal Lifetime mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Principal Lifetime mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Principal Lifetime is critical whether you are bullish or bearish towards Principal Lifetime 2060 at a given time. Please also check how Principal Lifetime's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Principal Lifetime without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Principal Mutual Fund?
Before investing in Principal Lifetime, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Principal Lifetime. To buy Principal Lifetime fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Principal Lifetime. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Principal Lifetime fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Principal Lifetime 2060 fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Principal Lifetime 2060 fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Principal Lifetime 2060, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Principal Lifetime 2060?
The danger of trading Principal Lifetime 2060 is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Principal Lifetime is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Principal Lifetime. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Principal Lifetime 2060 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Lifetime 2060. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Principal Lifetime 2060 information on this page should be used as a complementary analysis to other Principal Lifetime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.