Great Gray Collective Investment Trust - Putnam Retirement Advantage Income 2060 (GAAITX)
| 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 | 12.64 |
| YTD Return | 10.62% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 10.45 |
| 52-Week High | 12.78 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAAITX
Putnam Retirement Advantage 2060 Fund Class R1 is a target-date mutual fund designed for investors expecting to retire around 2060. Its primary purpose is to deliver long-term capital appreciation early in an investor’s lifecycle while gradually shifting toward income and capital preservation as the target year approaches, following a predetermined glide path across equities, fixed income, and diversifying assets. The fund allocates across underlying Putnam strategies, notably diversified equity and multi-asset portfolios, to balance growth potential with risk management through time. Positioned within the Target-Date 2060 category, it is structured to be a professionally managed, single-fund solution for workplace retirement plans and individual savers seeking automatic asset allocation and rebalancing. The strategy emphasizes broad market exposure and systematic risk reduction as retirement nears, aiming to maintain an appropriate risk profile for a 2060 retiree cohort. By combining multi-asset construction, periodic rebalancing, and a declining equity allocation as investors age, the fund plays a central role in retirement planning frameworks that prioritize simplicity, diversification, and lifecycle-based risk control.