Morningstar

Principal LifeTime Hybrid 2040 Fund Class J PHJEX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 17.76  /  +0.23 %
  • Total Assets 1.6B
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.180%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.10%
  • Turnover 30%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:10 AM GMT+0

Morningstar’s Analysis PHJEX

Will PHJEX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHJEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHJEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHJEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Cost-effective retirement solution.

Senior Analyst Hyunmin Kim

Hyunmin Kim

Senior Analyst

Summary

Capable asset allocators support Principal Lifetime, applying a reasonable and consistent process. Below-average fees for most share classes provide a consistent edge that should compound over the long term.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings PHJEX

More PHJEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Principal Large Cap S&P 500 Index Inst

42.05 643M
—

Principal International Equity R-6

19.21 294M
—

Principal Bond Market Index Instl

19.16 293M
—

Principal Glb Emerging Markets R6

5.63 86M
—

Principal SmallCap S&P 600 Index R6

3.80 58M
—

Principal MidCap S&P 400 Index R6

3.66 56M
—

Principal High Yield R-6

3.23 49M
—

Principal Real Estate Securities Fd R6

2.45 37M
—

Principal International Small Company R6

0.82 12M
—

CASH & RECEIVABLES

0.01 144,671
Cash and Equivalents

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