Target date funds
Target date funds
Helping people reach the retirement they deserve.

Principal target date portfolios embrace a multi-asset class and multi-managed approach to cover a broad range of participant needs.

Each portfolio follows three basic principles with the goal to provide superior outcomes:

  • Broad diversification across traditional and specialty asset classes.
  • Disciplined risk management at each step of the investment process.
  • Professional investment managers representing a wide range of asset classes, investment styles, and firms.

Hybrid investment options

Experience how optimal retirement outcomes can start with Principal® LifeTime Hybrid target date portfolios.

Active investment options (PDF)

A more actively managed Principal LifeTime target date portfolio that strives to maximize performance.
Run comparisons with our Target Date Analyzer.

Get a detailed report comparing attributes of specific target date investments. Use it for selection, ongoing reviews, and to document the process.

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A recognized target date manager and innovator.

Launched
first-of-its kind
hybrid target date strategy in 2009

Learn more

To get started, contact your local Principal® representative or support team:

Call us at  800-952-3343

Email our Advisor Support Team

Footnotes

as of March 31, 2022.

* For performance on our target date fund mutual funds and Separate Accounts, please contact your Principal representative.

About Target Date investment options
Target date portfolios are managed toward a particular target date, or the approximate date the investor is expected to start withdrawing money from the portfolio. As each target date portfolio approaches its target date, the investment mix becomes more conservative by increasing exposure to generally more conservative investments and reducing exposure to typically more aggressive investments. Neither the principal nor the underlying assets of target date portfolios are guaranteed at any time, including the target date. Investment risk remains at all times. Asset allocation and diversification do not ensure a profit or protect against a loss. Be sure to see the relevant prospectus or offering document for full discussion of a target date investment option including determination of when the portfolio achieves its most conservative allocation.

Important information
Carefully consider the Fund’s objectives, risks, charges, and expenses. Contact your financial professional or visit principal.com for a prospectus, or summary prospectus if available, containing this and other information. Please read it carefully before investing.

Investment and insurance products are:

  • Not insured by the FDIC or any federal government agency
  • Not a deposit or other obligation of or guaranteed by credit union or bank
  • Subject to investment risks, including possible loss of the principal amount invested

 

Asset allocation and diversification does not ensure a profit or protect against a loss. Equity investment options involve greater risk, including heightened volatility, than fixed income investment options. Fixed income investments are subject to interest rate risk; as interest rates rise their value will decline. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards. These risks are magnified in emerging markets. Fixed income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.

There is no guarantee that a target date investment will provide adequate income at or through retirement. A target date fund’s (TDF) glide path is typically set to align with a retirement age of 65, which may be your plan’s normal retirement date (NRD). If your plan’s NRD/age is different, the plan may default you to a TDF based on the plan’s NRD/Age. Participants may choose a TDF that does not match the plan’s intended retirement date but instead aligns more to their investment risk. Compare the different TDF’s to see how the mix of investments shift based on the TDF glide path.

Insurance products and plan administrative services provided through Principal Life Insurance Co. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker-dealers. Principal Funds Distributor, Inc. and Principal Securities® are members of the Principal Financial Group®, Des Moines, Iowa 50392. Certain investment options may not be available in all states or U.S. commonwealths.