Great Gray Collective Investment Trust - Putnam Retirement Advantage Income 2045 (GAAIQX)
| 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 | 12.28 |
| YTD Return | 8.11% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 10.40 |
| 52-Week High | 12.40 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAAIQX
Putnam Retirement Advantage Income 2045 Fund Class R1 is a target-date retirement fund designed for individuals planning to retire around the year 2045. Its primary objective is to maximize total returns while maintaining a level of risk suitable for participants aiming at a 2045 retirement date. The fund adjusts its investment allocation gradually over time: it emphasizes capital appreciation through equity exposure in the years leading up to retirement and progressively increases its focus on income and capital preservation as the target date approaches. This makes it well-suited for long-term retirement planning, automatically managing the transition from growth-oriented assets to more conservative, income-generating securities. The fund is part of a series managed by Great Gray Trust Company, LLC and benchmarks its performance against the S&P Target Date 2045 Index. Its diversified approach seeks to provide participants with a professionally-managed solution that addresses changing risk tolerance over the retirement savings lifecycle, thereby simplifying complex asset allocation decisions for investors. Putnam Retirement Advantage Income 2045 Fund Class R1 plays a notable role in the market by offering a hands-off, all-in-one investment option for retirement savers, accommodating broad retirement planning needs without the need for frequent portfolio adjustments.