Principal Fds, Inc.Principal LifeTime 2040 Fund Cl R-1 (PYASX)

The Principal Fds, Inc. Principal LifeTime 2040 Fd Cl R-1 (PYASX) is a mutual fund that focuses on long-term growth and capital appreciation for investors with a target retirement date of 2040. This fund is managed by Principal Funds, Inc. and is designed to provide a diversified portfolio of stocks, bonds, and other assets to help investors reach their retirement goals. The "R-1" designation indicates that this fund is intended for retail investors and may have lower fees compared to other share classes. Overall, the Principal LifeTime 2040 Fd Cl R-1 offers a balanced and actively managed approach to retirement investing.