PTDAX Fees and Costs — Principal LifeTime 2040 Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 0.88%. This share class carries a maximum front-end sales load of 5.50% and a deferred sales charge of up to 1.00%. Portfolio turnover was 39%.
PTDAX Fees and Expenses
Annual operating expenses and sales charges of PTDAX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.88% |
| Fee waiver | — |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PTDAX Costs Over Time
On $10,000 invested in PTDAX, assuming 5% a year before costs, total costs come to $1,223 over 5 years, cutting the return by 2.09% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $648 | $550 | $550 |
| Fund expenses (net expense ratio 0.88%) | $87 | $273 | $474 |
| Lost growth on money paid in costs | $27 | $100 | $200 |
| Total costs | $763 | $923 | $1,223 |
| Value after costs | $9,737 | $10,653 | $11,539 |
| Impact on return, per year | 7.63% | 2.87% | 2.09% |
PTDAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.0B
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
Principal LifeTime 2040 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PTDIX | Institutional Class | 0.55% | none |
| PTDJX | Class J | 0.72% | none |
| PTDPX | Class R-5 | 0.80% | none |
| PTDAX | Class A | 0.88% | 5.50% |
| PTDMX | Class R-3 | 1.11% | none |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.