Principal Lifetime Hybrid Collective Investment Trusts

I10 Share Class Investment Performance

These performance results are for the Principal Lifetime Hybrid Collective Investment Trusts I10 share class. Results for your share class may differ. For information specific to your share class, please login to access your products and services or speak with a representative of Principal.

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. Please see the Fact Sheet for a specific fund’s performance calculated by the retroactive application of the current asset allocation methodologies.

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.

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

Low Risk/Return
High Risk/Return
Inv Manager or Sub-Advisor / Investment Unit Value YTD % * 1 Mo 3 Mo 1 Yr 3 Yrs 5 Yrs 10 Yrs Since Inception Inception Date Net Gross Contrct. Cap /
Waiver Exp. Date
04/21/2017
Values
Average Annual Total Returns as of
03/31/2017
Total Investment Expense
Target-Date Retirement
Multiple Sub-Advisors
Principal LifeTime Hybrid Income CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
15.99 2.57 0.13 2.05 4.53 3.02 3.87 N/A 6.19 07/07/2009
07/07/2009
0.47 0.47 N/A
N/A
Target-Date 2000-2010
Multiple Sub-Advisors
Principal LifeTime Hybrid 2010 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
19.28 3.16 0.31 2.84 6.72 3.75 5.57 N/A 8.81 07/07/2009
07/07/2009
0.48 0.48 N/A
N/A
Target-Date 2015
Multiple Sub-Advisors
Principal LifeTime Hybrid 2015 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
20.54 3.53 0.34 3.28 7.96 4.24 6.35 N/A 9.72 07/07/2009
07/07/2009
0.46 0.46 N/A
N/A
Target-Date 2020
Multiple Sub-Advisors
Principal LifeTime Hybrid 2020 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
21.85 3.95 0.41 3.71 9.05 4.80 7.21 N/A 10.60 07/07/2009
07/07/2009
0.45 0.45 N/A
N/A
Target-Date 2025
Multiple Sub-Advisors
Principal LifeTime Hybrid 2025 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
22.82 4.34 0.49 4.16 10.21 5.26 7.85 N/A 11.23 07/07/2009
07/07/2009
0.45 0.45 N/A
N/A
Target-Date 2030
Multiple Sub-Advisors
Principal LifeTime Hybrid 2030 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
23.64 4.65 0.51 4.52 11.16 5.62 8.39 N/A 11.75 07/07/2009
07/07/2009
0.45 0.45 N/A
N/A
Target-Date 2035
Multiple Sub-Advisors
Principal LifeTime Hybrid 2035 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
24.38 4.91 0.62 4.91 12.09 5.98 8.85 N/A 12.21 07/07/2009
07/07/2009
0.45 0.45 N/A
N/A
Target-Date 2040
Multiple Sub-Advisors
Principal LifeTime Hybrid 2040 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
24.95 5.14 0.65 5.18 12.79 6.23 9.26 N/A 12.55 07/07/2009
07/07/2009
0.46 0.46 N/A
N/A
Target-Date 2045
Multiple Sub-Advisors
Principal LifeTime Hybrid 2045 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
25.58 5.31 0.67 5.39 13.42 6.42 9.56 N/A 12.92 07/07/2009
07/07/2009
0.46 0.46 N/A
N/A
Target-Date 2050
Multiple Sub-Advisors
Principal LifeTime Hybrid 2050 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
25.60 5.44 0.71 5.56 13.86 6.58 9.79 N/A 12.94 07/07/2009
07/07/2009
0.47 0.47 N/A
N/A
Target-Date 2055
Multiple Sub-Advisors
Principal LifeTime Hybrid 2055 CIT I10   1, 3, 4, 5, 6, 7, 8, 9, 10, 11
25.90 5.50 0.70 5.62 14.18 6.66 9.87 N/A 13.11 07/07/2009
07/07/2009
0.48 0.48 N/A
N/A
Target-Date 2060+
Multiple Sub-Advisors
Principal LifeTime Hybrid 2060 CIT I10   1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11
12.46 5.50 0.73 5.67 14.29 6.71 N/A N/A 7.06 01/01/2014
01/01/2014
0.48 0.48 N/A
N/A

These performance results are for the Principal Lifetime Hybrid Collective Investment Trusts I10 share class. Results for your share class may differ. For information specific to your share class, please login to access your products and services or speak with a representative of Principal.

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. Please see the Fact Sheet for a specific fund’s performance calculated by the retroactive application of the current asset allocation methodologies.

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.

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

The authorizing fiduciary can discontinue the plan's participation the Principal Lifetime Hybrid Collective Investment Trusts at any time by downloading a termination form from our site, by visiting principal.com, or by contacting us at 800-547-7754.

Insurance products and plan administrative services are provided by Principal Life, Des Moines, IA 50392.

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

Investment Types
Short-Term Fixed Income - This asset class is generally comprised of short-term, fixed-income investment options that are largely liquid and are designed to not lose much value. These investment options may include stable value, money market, short-term bond, and guaranteed interest accounts. They are considered to be among the least risky forms of investment options. However, they typically have a lower rate of return than equities or longer-term fixed income investment options over long periods of time. Depending on the objectives of the investment options, they may experience price fluctuations and may lose value.
Fixed Income - This asset class is generally comprised of investment options that invest in bonds, or debt of a company or government entity (including U.S. and Non- U.S.). It may also include real estate investment options that directly own property. These investment options typically carry more risk than short-term fixed income investment options (including, for real estate investment options, liquidity risk), but less overall risk than equities. All investment options in this category have the potential to lose value.
Balanced/Asset Allocation - This asset class is generally comprised of a combination of fixed income and equity investment options. These investment options may include balanced, asset allocation, target-date, and target-risk investment options. Although typically lower risk than investment options that invest solely in equities, all investment options in this category have the potential to lose value.
Large U.S. Equity - This asset class is generally comprised of investment options that invest in stocks, or shares of ownership in large, well-established, U.S. companies. These investment options typically carry more risk than fixed income investment options but have the potential for higher returns over longer time periods. They may be an appropriate choice for long-term investors who are seeking the potential for growth. All investment options in this category have the potential to lose value.
Small/Mid US Equity - This asset class is generally comprised of investment options that invest in stocks, or shares of ownership in small to medium-sized U.S. companies. These investment options typically carry more risk than larger U.S. equity investment options but have the potential for higher returns. They may be an appropriate choice for long-term investors who are seeking the potential for growth. All investment options in this category have the potential to lose value.
International Equity - This asset class is comprised of investment options that invest in stocks, or shares of ownership in companies with their principal place of business or office outside the United States. These investment options often carry more risk than U.S. equity investment options but may have the potential for higher returns. They may be an appropriate choice for long-term investors who are seeking the potential for growth. All investment options in this category have the potential to lose value.

Footnotes:

  1. 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.
  2. 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.
  3. Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.
  4. Asset allocation and diversification do not ensure a profit or protect against a loss. Additionally there is no guarantee this investment option will provide adequate income at or through retirement.
  5. The Investment Advisor will display "Multiple Sub-Advisors" for certain target-date, target-risk and specialty investment options where the assets are directed by the Investment Manager to multiple underlying investment options. These underlying investment options may use multiple sub-advisors who are responsible for the day-to-day management responsibilities.
  6. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards.
  7. Effective January 1, 2017, the trustee for the Principal LifeTime Hybrid Collective Investment Funds changed from Principal Trust Company to Principal Global Investors Trust Company. Principal Trust Target Date Collective Investment Funds were renamed the Principal LifeTime Hybrid Collective Investment Funds (CITs).
  8. For the Principal Lifetime Hybrid Collective Investment Funds (CITS), Total Investment Expense Net equals the sum of these expenses: (a) the amount of money, expressed as a percentage, deducted for the cost of managing the collective investment trust, and where applicable, plus (b) if the collective investment trust invests in an underlying mutual fund, separate account, or collective investment trust, the total investment operating expenses of the underlying investment option, as listed in the most recent prospectus if applicable.
  9. The Principal LifeTime Hybrid Collective Investment Funds (CITs) are collective investment trusts maintained by Principal Global Investors Trust Company, (the Trust Company). The Trust Company has retained Principal Global Investors, LLC (the Adviser), to serve as investment adviser with respect to the CITs, subject to the Trust Company's supervision and review. The Adviser is an indirect wholly owned subsidiary of Principal Financial Group. Inc. and is under common control with the Trust Company. The Adviser also manages portfolios which may be included as underlying investments in the CITs. The Adviser receives management fees from these portfolios. The Adviser or other affiliates of the Trust Company may provide services to the CITs and may receive fees for such services. The CITs are available only to certain qualified retirement plans and governmental 457(b) plans.
  10. The CITs are available only to certain qualified retirement plans and governmental 457(b) plans. The CITs are not mutual funds and are not registered with the Securities and Exchange Commission, the State of Oregon, or any other regulatory body. Units of the CITs are not deposits or obligations of, guaranteed by, or insured by the Trust Company or any affiliate, and are not insured by the FDIC or any other federal or state government agency. The value of the CITs will fluctuate so that when redeemed, units may be worth more or less than the original cost. The declaration of trust, participation agreement, and disclosure documents contain important information about investment objectives, risks, fees and expenses associated with investment in the CITs and should be read carefully before investing. The declaration of trust is available at principal.com. A copy of the participation agreement can be obtained from your plan administrator.
  11. This Principal LifeTime Hybrid CIT 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 LifeTime Hybrid CITs as of March 31, 2017, the weighted average operating expenses of the underlying investment options are: Principal LifeTime Hybrid Income, 0.32%; Principal LifeTime Hybrid 2010, 0.33%; Principal LifeTime Hybrid 2015, 0.31%; Principal LifeTime Hybrid 2020, 0.31%; Principal LifeTime Hybrid 2025, 0.30%; Principal LifeTime Hybrid 2030, 0.31%; Principal LifeTime Hybrid 2035, 0.31%; Principal LifeTime Hybrid 2040, 0.31%; Principal LifeTime Hybrid 2045, 0.32%; Principal LifeTime Hybrid 2050, 0.32%; Principal LifeTime Hybrid 2055, 0.32%; Principal LifeTime Hybrid 2060, 0.34%. This fund may invest in underlying mutual funds. For more information on the underlying funds and their expenses, see the prospectus for those funds.