PTDSX Performance — Principal LifeTime 2040 Fund, Class R-4
Data updated: 2026-09-25
PTDSX returned +26.27% over one year to Oct 2024. Annualised returns are +2.42% over 3 years and +8.22% over 5 years. Against its Target-Date category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $107, against $109 for the category, and to $126 over one year, against $124. Volatility over the past three years was 15.16% a year. In the 12 months to Jul 2026 the fund lost a net $539.9M, and assets reached $4.34B.
PTDSX Growth of $100
What $100 invested in Principal LifeTime 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 | PTDSX | Category average |
|---|---|---|
| 1 year (Nov 2023 – Oct 2024) | $126 | $124 |
| 3 years (Nov 2021 – Oct 2024) | $107 | $109 |
| 5 years (Nov 2019 – Oct 2024) | $148 | $144 |
| Since data start (Aug 2019 – Oct 2024) | $151 | $146 |
PTDSX Trailing Returns
Total returns to Oct 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +26.27% |
| 3 years (annualised) | +2.42% |
| 5 years (annualised) | +8.22% |
PTDSX Annual Returns
Calendar-year total returns of Principal LifeTime 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Oct) | +10.88% |
| 2023 | +17.82% |
| 2022 | −18.39% |
| 2021 | +14.92% |
| 2020 | +15.63% |
| 2019 (Aug–Dec) | +6.89% |
PTDSX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | +3.3% | +3.0% | −3.6% | +3.4% | +0.8% | +2.3% | +2.2% | +1.5% | −2.1% | — | — |
| 2023 | +6.8% | −2.9% | +1.8% | +1.4% | −1.6% | +5.2% | +2.5% | −2.2% | −4.2% | −2.7% | +8.3% | +5.1% |
| 2022 | −5.0% | −2.9% | +0.7% | −7.4% | +0.6% | −7.4% | +7.1% | −4.0% | −8.4% | +5.6% | +6.6% | −4.0% |
| 2021 | −0.9% | +3.0% | +2.1% | +4.0% | +1.1% | +0.9% | +1.0% | +1.8% | −3.7% | +4.2% | −2.7% | +3.6% |
| 2020 | −0.6% | −5.9% | −13.2% | +10.0% | +4.9% | +2.2% | +4.8% | +4.2% | −2.2% | −1.5% | +10.2% | +4.3% |
| 2019 | — | — | — | — | — | — | — | −0.9% | +1.2% | +1.8% | +2.3% | +2.4% |
PTDSX Risk
Risk measures from monthly returns over Nov 2021 – Oct 2024.
- 3-year volatility (annualised): 15.16%
- 3-year Sharpe ratio: -0.14 (vs 4.5% risk-free rate)
- Best month: +8.32% (Nov 2023)
- Worst month: −8.41% (Sep 2022)
PTDSX Fund Flows
Monthly money in and out of Principal LifeTime 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: −$539.9M
- 12-month gross sales (incl. reinvestments): $580.3M
- Sales ÷ redemptions: 0.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $7.3M | $123.5M | −$116.2M |
| Jun 2026 | $6.6M | $70.8M | −$64.1M |
| May 2026 | $9.6M | $83.9M | −$74.2M |
| Apr 2026 | $10.9M | $202.3M | −$191.4M |
| Mar 2026 | $13.4M | $88.0M | −$74.6M |
| Feb 2026 | $10.7M | $63.2M | −$52.5M |
| Jan 2026 | $138.2M | $155.4M | −$17.3M |
| Dec 2025 | $332.9M | $93.4M | $239.5M |
| Nov 2025 | $14.9M | $19.1M | −$4.2M |
| Oct 2025 | $12.9M | $112.0M | −$99.1M |
| Sep 2025 | $10.0M | $64.2M | −$54.3M |
| Aug 2025 | $13.0M | $44.3M | −$31.3M |
PTDSX Assets Under Management
Net assets of Principal LifeTime 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.34B |
| 2026-04-30 | $4.46B |
| 2026-01-31 | $4.71B |
| 2025-10-31 | $4.76B |
| 2025-07-31 | $4.70B |
| 2025-04-30 | $4.49B |
| 2025-01-31 | $4.73B |
| 2024-10-31 | $4.76B |
| 2024-07-31 | $4.73B |
| 2024-04-30 | $4.48B |
| 2024-01-31 | $4.40B |
| 2023-10-31 | $3.94B |
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.