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Investment Type: CITFund

Principal Trust(SM) Target 2030 Fund R3







Quick Facts


07/07/2009
Target Date 2026-2030
$118.43

Investment Strategy

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The investment option seeks a total return consisting of long-term growth of capital and current income. To pursue its goal, this Target Date Fund generally invests in affiliated open-ended mutual funds, insurance company separate accounts, unaffiliated mutual funds, and unaffiliated collective trust funds that Principal Trust considers appropriate based on the remaining time horizon of a particular Target Date Fund.




Morningstar Style Box™

  as of 07/31/2010
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Investment Style
StyleboxMarket Capitalization
Investment Style
StyleboxMarket Capitalization

Overall Morningstar Star Rating™

 
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Out of Funds

Star Rating Not Rated

Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.


Total Returns



Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

In situations where the net and gross total investment expense figures are different, the collective investment trust or the underlying investment options in which a collective investment trust invests have waived/caped a portion of its management fee through the date displayed in the waiver expiration date or contractual cap expiration date column. Differences may also be shown due to the fund family choosing to pay certain expenses that would normally be payable by the fund. Returns displayed are based on net total investment expense.



Month-End | Quarter-End
Average Annual Total Returns as of 08/31/2010
1 Month3 MonthYTD1 Year3 Year5 Year10 YearSince     
Inception*
Total Return % -3.04 -0.13 -1.13 7.68 --- --- --- 19.70
Principal Trust Target 2030 Blended Index % -3.01 -0.19 -2.18 5.08 --- --- --- ---
Target Date 2026-2030 Category % -2.76 0.01 -1.77 6.61 -6.49 0.04 -0.13 ---
Morningstar Percentile Ranking** --- --- --- 24 --- --- --- ---
# of Funds in Category 210 207 203 198 148 64 8 ---
07/07/2009
**Morningstar percentile rankings are based on total returns.


Expenses

  as of 08/31/2010
Total Investment Expense - Gross: 1.17%
Total Investment Expense - Net: 1.17%



Growth of $10,000

  
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Portfolio Advisor

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Principal Management Corp



Portfolio Advisor Managers

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James Fennessey , CFA
Since 07/07/2009
B.S. , Truman State University

Randy L. Welch
Since 07/07/2009
M.B.A. , Drake University






Morningstar
© 2010 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Returns shown for periods of less than one year are not annualized.

The full name of this investment option is Principal Trust(SM) Target 2030 Fund R3.

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

Principal Trust Target 2030 Blended Index is composed of underlying indexes that represent the target asset allocation weights of the Principal Trust Target 2030 Fund. The weightings as of March 31, 2010 are 55.8% Russell 3000 Index, 21.7% MSCI EAFE Index, 22.5% Barclays Capital Aggregate Bond Index.

Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise.

Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.

Asset allocation does not guarantee a profit or protect against a loss. Investing in real estate, small-cap, international, and high-yield investment options involves additional risks. Additionally there is no guarantee this investment option will provide adequate income at or through retirement.

This Principal Trust Target Date Fund indirectly bears its pro rata share of the Total Investment Expense incurred by the underlying investment options in which this fund invests. Based on the asset allocation of the Principal Trust Target Date Funds as of March 31, 2010, the weighted average operating expenses of the underlying investment options are: Principal Trust Income, 0.25%; Principal Trust Target 2010, 0.30%; Principal Trust Target 2015, 0.30%; Principal Trust Target 2020, 0.31%; Principal Trust Target 2025, 0.32%; Principal Trust Target 2030, 0.33%; Principal Trust Target 2035, 0.33%; Principal Trust Target 2040, 0.34%; Principal Trust Target 2045, 0.35%; Principal Trust Target 2050, 0.35%; Principal Trust Target 2055, 0.35%. This fund may invest in underlying mutual funds. For more information on the underlying funds and their expenses, see the prospectus for those funds.

Delaware Charter Guarantee & Trust Company, conducting business as Principal TrustSM Company ("Principal Trust") is a member of the Principal Financial Group®. The Principal TrustSM Target Date Funds is a series of collective investment funds maintained by Principal Trust, as trustee, under the Plan and Declaration of Trust of Principal TrustSM Target Date Collective Investment Funds, as amended from time to time ("Trust"). Principal Management Corporation ("PMC"), an affiliate of Principal Trust, provides nondiscretionary advisory services to Principal Trust with respect to the Principal Trust Target Date Funds. Principal Trust and PMC are fiduciaries subject to the Employee Retirement Income Security Act of 1974, as amended.

PMC also manages portfolios of Principal Funds, Inc., ("Principal Funds") a series mutual fund, which may be included as underlying investments in the Principal Trust Target Date Funds. PMC receives management fees from Principal Funds. The Principal Trust Target Date Funds may also include group annuity separate accounts ("Separate Accounts") managed by Principal Life Insurance Company ("Principal Life"), an affiliate of Principal Trust. Principal Life receives management fees from the Separate Accounts. PMC, Principal Life, or other affiliates of Principal Trust may provide services with respect to Principal Funds or Separate Accounts and may receive fees for such services.

Principal Trust Target Date Funds are available only to qualified plans and governmental 457(b) plans. They are not mutual funds and are not registered with the Securities and Exchange Commission, the State of Delaware or any other regulatory body. Principal Trust Target Date Funds are not guaranteed by Principal Trust, PMC, any of their affiliates, the FDIC or any other governmental agency.

The value of the Principal Trust Target Date Funds will fluctuate so that when redeemed, shares or units may be worth more or less than the original cost. Past performance is no guarantee of future results.

Participation in the Principal Trust Target Date Funds is governed by the terms of the Trust and a Participation Agreement, the form signed by the retirement plan's fiduciary at the time the plan invests in the Principal Trust Target Date Funds. The retirement plan's fiduciary will also be provided with a Principal Funds, Inc. Institutional Class Shares Prospectus ("Prospectus") before the plan invests in the Principal Trust Target Date Funds. The Trust, Participation Agreement, and Prospectus are available from Principal Trust or Principal Life.

The Trust, Participation Agreement, and Prospectus contain important information about Trust fees and investment objectives, risks, and expenses of the underlying investments in the Principal Trust Target Date Funds and should be read carefully before investing.