Investment Performance for Principal Lifetime Hybrid Collective Investment TrustsR1 Share Class Investment Performance "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. For more performance information, including most recent month-end performance," "visit the employer site at www.principal.com, contact your representative of Principal, or call our Client Contact Center at 800-547-7754." "In situations where the net and gross total investment expense figures are different, the investment manager has contractually agreed to limit the investment option's expense." "Differences may also be shown due to the investment manager choosing to pay certain expenses that would normally be payable by the fund." "Performance shown is net of Total Investment Expense." ,,Rate of Return through 02/29/2024 Investment Advisor,InvestmentName,Unit Value $,YTD,Last Comp Mo,Last 3 Mos,1 Yr,3 Yr,5 Yr,10 Yr,Since Inception, Inception Date,Total Inv. Expense Net/Gross %,Waiver Expiration Date ,Balanced/Asset Allocation ,Target-Date 2060 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2060 CIT Z1151, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",21.1100000,5.76,4.51,10.07,19.12,4.98,8.96,7.39,7.51,01/01/2014,1.44/1.44,- ,Target-Date 2065+ "Multiple Sub-Advisors","Principal LifeTime Hybrid 2065 CIT Z1151, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",15.3100000,5.81,4.49,10.04,19.13,4.97,9.10,,6.95,01/01/2018,1.44/1.44,- "Multiple Sub-Advisors","Principal LifeTime Hybrid 2070 CIT Z1151, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",11.7700000,5.75,4.49,10.03,,,,,16.30,06/01/2023,1.44/1.44,- ,Target-Date 2015 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2015 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",24.5200000,1.53,1.08,4.90,8.88,0.39,3.86,3.53,6.28,07/07/2009,1.44/1.44,- ,Target-Date 2020 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2020 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",27.0700000,2.00,1.47,5.53,10.05,0.98,4.70,4.24,7.00,07/07/2009,1.44/1.44,- ,Target-Date 2025 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2025 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",30.1800000,2.51,1.87,6.16,11.28,1.58,5.48,4.89,7.79,07/07/2009,1.44/1.44,- ,Target-Date 2030 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2030 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",32.5800000,2.91,2.37,7.08,12.87,2.06,6.16,5.42,8.35,07/07/2009,1.44/1.44,- ,Target-Date 2035 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2035 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",34.6100000,3.65,2.91,7.85,14.50,2.82,6.94,6.01,8.79,07/07/2009,1.44/1.44,- ,Target-Date 2040 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2040 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",37.0000000,4.61,3.62,8.85,16.61,3.67,7.69,6.51,9.27,07/07/2009,1.44/1.44,- ,Target-Date 2045 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2045 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",39.0500000,5.26,4.10,9.53,18.03,4.32,8.26,6.88,9.66,07/07/2009,1.44/1.44,- ,Target-Date 2055 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2055 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",41.6500000,5.79,4.49,10.08,19.16,4.93,8.81,7.30,10.14,07/07/2009,1.44/1.44,- ,Target-Date Retirement "Multiple Sub-Advisors","Principal LifeTime Hybrid Income CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",17.6100000,1.44,1.04,4.78,8.67,-0.26,2.77,2.35,3.91,07/07/2009,1.44/1.44,- ,Target-Date 2050 "Multiple Sub-Advisors","Principal LifeTime Hybrid 2050 CIT Z1151, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13",40.8200000,5.78,4.51,10.10,19.20,4.79,8.67,7.19,9.99,07/07/2009,1.44/1.44,- "This information must be accompanied by performance results for 1, 5, and 10 year/since inception time periods as of the most recent calendar quarter end." Returns shown for periods of less than one year are not annualized. "Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company. Principal mutual funds are part of the Principal Funds, Inc. series. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities are offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker/dealers. Securities sold by a Principal Securities Registered Representative are offered through Principal Securities. Principal Funds Distributor, Principal Securities and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options may not be available in all states or U.S. commonwealths." "(C) 2008 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." "Investors should carefully consider a mutual fund’s investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calling 1-800-547-7754. Read the prospectus carefully before investing." "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. For investment options, returns for all time periods, except the Since Inception time frame, may include the historical performance of the oldest share class of the investment, adjusted to reflect a portion of the fees and expenses of this share class. Since Inception returns display the actual return of this share class and do not reflect the adjusted returns of the oldest share class. Please see the fund's prospectus or if CIT, the offering document for more information on specific expenses, and the investment options most recent shareholder report for actual date of first sale. For a CIT, you may need to contact the plan sponsor or plan advisor, if applicable. Expenses are deducted from income earned by the investment option. As a result, dividends and investment results will differ for each share class. " "7. International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards. " "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 Trust Company is regulated by the State of Oregon. 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. A copy of the participation agreement can be obtained from your plan administrator or investment contact. " "11. Additional target date portfolios may be added to the Principal LifeTime portfolios series to accommodate plan participants with later normal retirement dates as they enter the workforce. Participants may also choose a portfolio with a target date that does not match the intended retirement date. Compare the different portfolios to see how the mix of investments might shift. " "12. Selecting a target date fund series is also authorizing any additional vintage which is launched by the investment provider for the series, and included in their associated materials, to be added to the plan after proper notification. " "13. There is no guarantee that a target date investment will provide adequate income at or through retirement. A target date fund's (TDF) glidepath is typically set to align with a retirement age of 65, which maybe your plan's normal retirement date (NRD). If your plan's NRD/age is different, the plan may default you to a TDF based on the plans NRD/Age. Participants may choose a TDF that does not match the plan's intended retirement date but instead aligns more to their investment risk. Compare the different TDF's to see how the mix of investments shift based on the TDF glide path. "