Great Gray Collective Investment Trust - Putnam Retirement Advantage Income 2050 (GAAIRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

12.81

+0.04 (0.29%)

At close: Aug 27, 2026

18.94% (1Y)

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	12.78
YTD Return	11.88%
1-Year Return	18.60%
5-Year Return	n/a
52-Week Low	10.72
52-Week High	12.88
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About GAAIRX

Putnam Retirement Advantage 2050 Fund is a target-date collective investment trust structured to help participants plan for retirement occurring around the year 2050. The fund's central purpose is to provide a professionally managed asset allocation strategy that gradually shifts from growth-oriented investments to more income-focused and conservative assets as the target retirement date approaches. At present, it maintains a heavy allocation to equities—approximately 90%—including U.S. and international stocks, and a smaller allocation to fixed income and money market instruments. The fund incorporates broad sector exposure, notably to technology, financial services, healthcare, and consumer sectors, while adjusting risk and return prospects throughout the glide path as participants age. Managed in-house by Putnam's experienced Global Asset Allocation team since 2004, the fund is designed for qualified retirement plan trusts, not individual investors, and aims to reduce risk while preserving growth potential as participants near retirement. Its market significance lies in offering a turnkey retirement solution that dynamically balances growth and capital preservation through evolving market cycles.

Stock Exchange NASDAQ

Ticker Symbol GAAIRX

Performance

GAAIRX had a total return of 18.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.04%.