Skip to main content
logo

Wilmington Trust Collective Investment Trust - Putnam Retirement Advantage Select 2040 Trust Fund (GPRADX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.77
-0.02 (-0.09%)
Aug 26, 2026, 9:30 AM EST
Fund Assetsn/a
Expense Ration/a
Min. Investmentn/a
Turnovern/a
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close17.79
YTD Return9.67%
1-Year Return15.52%
5-Year Returnn/a
52-Week Low15.33
52-Week High17.89
Beta (5Y)n/a
Holdingsn/a
Inception Daten/a

About GPRADX

Putnam Retirement Advantage Select 2040 Fee Class R is a collective investment trust designed as a target-date retirement solution. Its primary purpose is to help investors accumulate and preserve assets in preparation for retirement, specifically aiming for those intending to retire around the year 2040. The fund utilizes a "glide path" approach, starting with a higher allocation to equities in its early years for growth potential, and gradually increasing allocations to fixed income and cash as the target retirement year approaches to help manage risk and safeguard capital. This dynamic asset allocation is managed in-house by a team with extensive experience in global asset allocation, overseeing both tactical adjustments and security selection to address changing market conditions. The fund plays a significant role in workplace retirement plans, offering participants a professionally managed, diversified portfolio that systematically adapts as retirement approaches. Its focus on risk management and long-term growth makes it a core component for plan sponsors seeking streamlined, age-based investment strategies within defined contribution retirement plans, though it is available exclusively to eligible retirement plan trusts, not to individual retail investors.

Stock Exchange NASDAQ
Ticker Symbol GPRADX

Performance

GPRADX had a total return of 15.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.51%.