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Principal LifeTime 2055 Fund

LTFIX · NASDAQ

Market closed$18.77$-0.060000 (-0.32%)

Key statistics

Previous close$18.83
Open$18.77
Day high$18.77
Day low$18.77
52-week high$19.17
52-week low$16.57
Market cap1.16B
Volume—
Average volume—
P/E ratio21.78
Forward P/E—
EPS0.86
Dividend yield0.00%

What is happening

Recent company-specific developments and publisher coverage.

July 16, 2026Principal LifeTime 2055 Fund is edging higher in pre-market trading, approaching its 52-week high, supported by a broadly constructive backdrop for financial services. Strong Q2 earnings from major Wall Street banks — including Goldman Sachs, JPMorgan, BofA, and Citigroup — alongside a cooler-than-expected June CPI report have boosted investor sentiment toward diversified funds with equity and financial sector exposure. The XLF sector ETF is also trading near its 52-week high, reflecting broad strength in financials even as Morningstar flags AI disruption and private credit risks as potential headwinds.

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July 15, 2026Principal LifeTime 2055 Fund edged modestly lower as broader financial services sector sentiment remained mixed despite a strong backdrop for asset managers. BlackRock beat Q2 2026 forecasts and Goldman Sachs posted record equities revenue with investment banking fees surging 55%, lifting the sector — yet the fund slipped slightly as cooler June CPI data (3.5% vs. 3.8% expected) and ongoing Middle East tensions created a cautious tone, with the S&P 500 near 52-week highs and rate hike odds falling sharply after the inflation print.

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July 9, 2026Principal LifeTime 2055 Fund edged modestly lower, weighed by a risk-off backdrop driven by renewed U.S.-Iran military exchanges threatening the Strait of Hormuz ceasefire deal, which has pushed oil prices sharply higher and reignited inflation concerns. As a target-date fund with broad equity and fixed income exposure, LTFIX faces headwinds from climbing Treasury yields and geopolitical uncertainty, even as the broader financial sector braces for Q2 earnings season—with major banks like JPMorgan, Citi, and Wells Fargo set to report July 14 amid expectations of strong capital markets activity.

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July 2, 2026Principal LifeTime 2055 Fund is edging lower amid a cautious start to July, as broader markets pull back on chip stock weakness and pre-jobs report uncertainty. The asset management sector faced headwinds after mixed Q1 earnings across peers—Carlyle, Ares, and Blackstone all saw post-earnings declines averaging 8.9%—while investors weigh Fed Chair Warsh's softer inflation tone against a potentially cooler June nonfarm payrolls print expected later today.

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June 24, 2026Principal LifeTime 2055 Fund declined as broader market turbulence weighed on risk assets, with the S&P 500 and Nasdaq under pressure following a global tech and semiconductor sell-off tied to AI valuation concerns. The fund, a target-date vehicle with significant equity exposure oriented toward 2055 retirees, faced headwinds as mega-cap technology stocks — a key component of diversified equity allocations — extended losses from Monday's session, when the Nasdaq fell over 1.3% amid a sharp drop in AI-related names. Bank of America's forecast of three Fed rate hikes this year added further pressure on growth-oriented portfolios.

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Peers

S&P 500SPX · $7,443.28-0.19%Cohen & Steers Global Realty ICSSPX · $60.11-0.33%LSV Value Equity FundLVAEX · $30.05-0.56%Virtus Dividend, Interest & Premium Strategy FundNFJ · $15.02+0.07%T. Rowe Price Financial Services FundPRISX · $50.75-0.31%T. Rowe Price Spectrum International Equity FundPSILX · $19.25-0.52%Schwab Target 2030 FundSWDRX · $17.98-0.28%T. Rowe Price Retirement Blend 2030 Fund I ClassTBLGX · $12.23-0.33%T. Rowe Price Retirement Blend 2030 FundTBLWX · $12.21-0.25%T. Rowe Price Retirement 2005 FundTRRFX · $13.19-0.23%