Fossil fuel companiesare fueling the climate crisis.


Principal LifeTime 2050 Fund

Shareclass
Principal LifeTime 2050 Institutional (PPLIX)
Type
Open-end mutual fund
Target date
Principal LifeTime Series
Fossil fuel exposure of 8.25% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$12.56 MILLION
Exxon Mobil Corp
Carbon Underground 200Top 200 carbon reserves
$12.45 MILLION
Berkshire Hathaway Inc Class B
Macroclimate 50Top 50 coal-fired power
$11.19 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$9.14 MILLION
EOG Resources Inc
Carbon Underground 200Top 200 carbon reserves
$8.62 MILLION
Teck Resources Ltd Class B (Sub Voting)
Carbon Underground 200Top 200 carbon reserves
$7.72 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
83
holdings
$99.66M
invested
3%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
56
holdings
$34.86M
invested
1.05%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
216
holdings
$231.83M
invested
6.98%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
8
holdings
$15.18M
invested
0.46%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
91
holdings
$81.87M
invested
2.47%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
287 holdings
287 holdings
  • 1. KKR & Co Inc Ordinary Shares
    Oil/gas industry
    $25.41M
    0.77%
  • 2. Shell PLC
    Carbon Underground 200Oil/gas industry
    $12.56M
    0.38%
  • 3. Exxon Mobil Corp
    Carbon Underground 200Oil/gas industry
    $12.45M
    0.38%
  • 4. NextEra Energy Inc
    Oil/gas industryFossil-fired utility
    $11.81M
    0.36%
  • 5. Berkshire Hathaway Inc Class B
    Macroclimate 50Fossil-fired utility
    $11.19M
    0.34%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Principal LifeTime 2050 Fund $PPLIX is 8.25% ($273.94 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on PPLIX at Morningstar.com
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.6% less in annualized returns
Less invested in fossil fuels 
0.18% less invested
Lower fossil finance risk score 
1 points lower
Lower fossil insurance risk score 
11 points lower
Less invested in Clean200 
6.87% less invested
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.6% less in annualized returns
Less invested in fossil fuels 
0.18% less invested
Lower fossil finance risk score 
1 points lower
Lower fossil insurance risk score 
11 points lower
Less invested in Clean200 
6.87% less invested
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.6% less in annualized returns
Less invested in fossil fuels 
0.18% less invested
Lower fossil finance risk score 
1 points lower
Lower fossil insurance risk score 
11 points lower
Less invested in Clean200 
6.87% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
PPLIX - Principal LifeTime 2050 Fund
21%
4.01%
11%
8.34%
8.25% 
Benchmark
IVV - iShares Core S&P 500 ETF
27%
9.35%
16%
13%
8.43% 
Fund compared to benchmark
 
-6.09%
-5.34%
-5.37%
-4.6%
0.18%  lower
Find more financial data on PPLIX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Ask your employer about fossil free options for your retirement plan
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Visit Deforestation Free Funds to see exposure to rainforest destruction
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