Great Gray Collective Investment Trust - Putnam Retirement Advantage Income 2055 (GAAISX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.65
+0.11 (0.87%)
At close: Jul 9, 2026
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Previous Close12.54
YTD Return10.21%
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5-Year Returnn/a
52-Week Low10.43
52-Week High12.68
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About GAAISX

Putnam Retirement Advantage 2055 Fund - Class R1 is a target-date mutual fund designed for investors planning to retire around 2055, aligning its asset mix with a long glide path that gradually shifts from growth to greater diversification as the target year approaches. The strategy primarily invests through underlying Putnam funds, with significant allocations to Putnam Dynamic Asset Allocation Growth and Putnam Dynamic Asset Allocation Equity, providing broad exposure to global equities and complementary asset classes for lifecycle diversification. The fund’s structure aims to simplify retirement planning by packaging asset allocation, ongoing rebalancing, and risk management into a single vehicle tailored to an expected retirement date. Within the Target-Date 2055 peer group, it emphasizes a growth-oriented profile in earlier years, reflecting the long time horizon typical for this cohort. Multiple share classes exist across the series, and holdings data indicate a concentrated allocation to the firm’s multi-asset underlying funds, which drive performance and risk characteristics across market cycles. Morningstar categorizes it in the Target-Date 2055 group and assesses process and people factors at the strategy level.

Stock Exchange NASDAQ
Ticker Symbol GAAISX