Great Gray Collective Investment Trust - Putnam Retirement Advantage Income 2040 (GAAIPX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.03 |
| YTD Return | 7.02% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 10.36 |
| 52-Week High | 12.14 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAAIPX
Putnam Retirement Advantage 2040 Fund Class R1 is a target-date mutual fund designed to facilitate long-term retirement planning. Its primary function is to provide investors with a diversified investment solution that automatically adjusts its asset allocation over time as the target retirement year—2040—approaches. Early in the investment period, the fund emphasizes growth through higher allocations to equities and other risk-assets. Gradually, as the retirement date nears, the fund shifts toward a more conservative mix, increasing the proportion of fixed income and cash-equivalent investments to prioritize capital preservation and income generation. This strategic adjustment seeks to balance growth potential with risk reduction, aligning the investment portfolio with the evolving retirement needs of investors. The Putnam Retirement Advantage 2040 Fund Class R1 serves individuals seeking a professionally managed, all-in-one solution for retirement savings, and plays a key role in the broader financial market by enabling disciplined, lifecycle investing for workplace retirement plans and individual investors alike.