Wilmington Trust Collective Investment Trust - Putnam Retirement Advantage Select 2055 Trust Fund (GPRAGX)
| 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 | 19.14 |
| YTD Return | 10.23% |
| 1-Year Return | 21.03% |
| 5-Year Return | n/a |
| 52-Week Low | 15.91 |
| 52-Week High | 19.39 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GPRAGX
CIT Putnam Retirement Advantage 2055 Fund - Class R is a target-date retirement fund designed for investors planning to retire around 2055. It follows a glide path that gradually shifts from growth-oriented assets toward more income and capital preservation as the target year approaches, aligning portfolio risk with a long-term retirement horizon. The strategy invests primarily through underlying Putnam funds, combining global equities with diversified fixed income and cash over time to balance accumulation and risk management. Within the series, allocations are commonly implemented via Putnam’s dynamic asset allocation portfolios that integrate tactical adjustments and broad market exposure across sectors and regions. The fund’s role in the market is to provide a turnkey, professionally managed solution for workplace retirement plans and individual savers who prefer an age-based allocation that automatically rebalances as retirement nears. By consolidating asset selection, risk control, and reallocation within a single vehicle, CIT Putnam Retirement Advantage 2055 Fund - Class R serves as a core, lifecycle-oriented holding intended to simplify long-horizon retirement investing.
Performance
GPRAGX had a total return of 21.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.15%.