The investment seeks a total return consisting of long-term growth of capital and current income.
The fund invests in underlying Principal domestic and foreign equity, hybrid, and fixed-income funds according to an asset allocation strategy designed for investors having an investment time horizon comparable to that of the fund. It allocates the assets more conservatively over time. The fund may invest in any of the Institutional Class shares of the equity funds or fixed-income funds of Principal Funds, at the sub-advisors discretion.
Fund Manager:
Fund Inception:
2/29/08
Fund Ratings & Risk:
View Morningstar Analysis
Composition:
STOCK (84.63%),
BONDS (9.77%),
CASH (2.96%),
OTHER (2.63%)