Great Gray Collective Investment Trust - Putnam Retirement Advantage Income 2030 (GAAINX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.31
-0.03 (-0.26%)
Jul 8, 2026, 9:30 AM EST
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Previous Close11.34
YTD Return4.11%
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5-Year Returnn/a
52-Week Low10.23
52-Week High11.37
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About GAAINX

Putnam Retirement Advantage 2030 Fund is a target-date collective investment trust designed primarily for individuals planning to retire around the year 2030. Its primary function is to deliver a balanced and evolving investment approach by allocating capital across various underlying Putnam collective investment trusts, which span asset classes such as equities, fixed income, and money market instruments. The fund's asset allocation is dynamically adjusted—the proportion of equities is higher when the retirement date is distant to promote growth, while the allocation to fixed income and cash rises as the target year approaches to emphasize capital preservation and income generation. Notably, the fund provides broad sector diversification, including exposures to technology, financial services, healthcare, and consumer sectors, and its underlying portfolios may include both U.S. and international securities, as well as investment-grade and below-investment-grade bonds. Managed by an experienced team specializing in global asset allocation, this fund is positioned as a core offering within qualified retirement plans, serving as a turnkey solution for retirement planning over an investor’s lifecycle. The fund is not registered under the Investment Company Act of 1940 and is available to eligible employer-sponsored retirement plans.

Stock Exchange NASDAQ
Ticker Symbol GAAINX