PHJEX Performance — Principal LifeTime Hybrid 2040 Fund, Class J
Data updated: 2026-09-25
PHJEX returned +8.21% year to date and +17.20% over one year to Jul 2026. Annualised returns are +14.13% over 3 years and +7.77% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $149, against $146 for the category, and to $117 over one year, against $116. Volatility over the past three years was 10.47% a year. In the 12 months to Jul 2026 the fund took in a net $398.8M, and assets reached $1.60B.
PHJEX Growth of $100
What $100 invested in Principal LifeTime Hybrid 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | PHJEX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $117 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $149 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $145 | $142 |
| Since data start (Aug 2019 – Jul 2026) | $200 | $186 |
PHJEX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.21% |
| 1 year | +17.20% |
| 3 years (annualised) | +14.13% |
| 5 years (annualised) | +7.77% |
PHJEX Annual Returns
Calendar-year total returns of Principal LifeTime Hybrid 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +8.21% |
| 2025 | +17.13% |
| 2024 | +13.33% |
| 2023 | +18.04% |
| 2022 | −18.05% |
| 2021 | +16.95% |
| 2020 | +15.07% |
| 2019 (Aug–Dec) | +7.16% |
PHJEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.4% | +1.1% | −4.8% | +6.5% | +3.1% | +0.3% | −0.4% | — | — | — | — | — |
| 2025 | +2.7% | 0.0% | −3.5% | −0.2% | +4.4% | +3.8% | +0.8% | +2.6% | +2.9% | +1.3% | +0.8% | +0.5% |
| 2024 | 0.0% | +3.8% | +3.1% | −3.6% | +4.1% | +1.1% | +2.3% | +2.0% | +1.7% | −2.2% | +3.7% | −2.8% |
| 2023 | +6.7% | −2.6% | +2.0% | +1.0% | −1.1% | +5.1% | +2.6% | −2.2% | −4.2% | −2.7% | +8.0% | +5.2% |
| 2022 | −5.0% | −2.5% | +1.2% | −7.3% | +0.3% | −7.6% | +7.4% | −3.9% | −8.4% | +5.9% | +6.4% | −4.4% |
| 2021 | −0.3% | +2.3% | +2.8% | +3.7% | +1.0% | +0.8% | +1.0% | +2.0% | −3.8% | +4.4% | −1.8% | +4.0% |
| 2020 | −0.6% | −5.8% | −12.2% | +9.4% | +4.0% | +2.3% | +4.9% | +4.5% | −2.3% | −1.6% | +9.5% | +4.2% |
| 2019 | — | — | — | — | — | — | — | −1.3% | +1.7% | +1.9% | +2.0% | +2.7% |
PHJEX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.47%
- 3-year Sharpe ratio: 0.92 (vs 4.5% risk-free rate)
- Best month: +7.97% (Nov 2023)
- Worst month: −4.78% (Mar 2026)
PHJEX Fund Flows
Monthly money in and out of Principal LifeTime Hybrid 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: $398.8M
- 12-month gross sales (incl. reinvestments): $565.6M
- Sales ÷ redemptions: 3.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $52.1M | $16.6M | $35.5M |
| Jun 2026 | $58.2M | $18.0M | $40.3M |
| May 2026 | $63.8M | $11.2M | $52.6M |
| Apr 2026 | $38.7M | $13.8M | $24.9M |
| Mar 2026 | $41.8M | $18.3M | $23.5M |
| Feb 2026 | $43.8M | $14.8M | $29.0M |
| Jan 2026 | $70.3M | $14.7M | $55.6M |
| Dec 2025 | $61.6M | $9.8M | $51.8M |
| Nov 2025 | $36.4M | $8.8M | $27.6M |
| Oct 2025 | $36.6M | $9.2M | $27.5M |
| Sep 2025 | $31.1M | $18.2M | $12.9M |
| Aug 2025 | $31.1M | $13.4M | $17.7M |
PHJEX Assets Under Management
Net assets of Principal LifeTime Hybrid 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.60B |
| 2026-04-30 | $1.43B |
| 2026-01-31 | $1.32B |
| 2025-10-31 | $1.19B |
| 2025-07-31 | $1.06B |
| 2025-04-30 | $894.96M |
| 2025-01-31 | $858.76M |
| 2024-10-31 | $781.31M |
| 2024-07-31 | $743.66M |
| 2024-04-30 | $665.84M |
| 2024-01-31 | $615.08M |
| 2023-10-31 | $511.00M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.