The Principal Fds, Inc. Principal LifeTime 2015 Fd Cl R-1 (LTSGX) is a mutual fund that focuses on providing investors with a diversified portfolio of assets that are appropriate for individuals who are planning to retire in or around the year 2015. This fund is managed by Principal Funds, Inc. and is classified as a Class R-1 fund, which typically has lower fees and is designed for retirement plans such as 401(k)s. The fund's objective is to provide long-term capital appreciation and income through a mix of stocks, bonds, and other securities. It is suitable for investors with a moderate risk tolerance and a shorter investment horizon.