Putnam Retirement Advantage 2060 Fund Class R6 Shares (PAAKX)

Fund Assets	21.38K
Expense Ratio	0.45%
Min. Investment	$500
Turnover	n/a
Dividend (ttm)	0.65
Dividend Yield	5.47%
Dividend Growth	-25.55%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	11.77
YTD Return	0.25%
1-Year Return	13.75%
5-Year Return	99.39%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	n/a
Holdings	3
Inception Date	Dec 31, 2019

About PAAKX

PAAKX was founded on 2019-12-31. The Fund's investment strategy focuses on Growth with 0.45% total expense ratio. The minimum amount to invest in Putnam Retirement Advantage 2060 Fund Class R6 Shares is $500 on a standard taxable account. Putnam Retirement Advantage 2060 Fund Class R6 Shares seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date of 2060. Putnam Management will adjust these funds allocations at the end of each calendar quarter based on the glide path.

• Category: Target-Date 2060+
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PAAKX
• Share Class: Class R6 Shares
• Index: S&P Target Date To 2060 TR USD

Performance

PAAKX had a total return of 13.75% in the past year. Since the fund's inception, the average annual return has been 11.45%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PAKJX	Class Y Shares	0.55%
PAHLX	Class R5 Shares	0.55%
PAAVX	Class A Shares	0.80%
PAHJX	Class R3 Shares	0.95%

Top 10 Holdings

99.97% of assets

Name	Symbol	Weight
PUTNAM DYNAMIC ASSET ALLOCATION EQUITY FUND - MUTUAL FUND	PVT99AF81909	63.90%
PUTNAM DYNAMIC ASSET ALLOCATION GROWTH FUND - MUTUAL FUND	PVT998143903	35.58%
PUTNAM SHORT TERM INVESTMENT FUND - MUTUAL FUND	PVT74676A451	0.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2024	$0.647	Dec 31, 2024
Dec 29, 2023	$0.869	Dec 29, 2023
Dec 30, 2022	$0.608	Dec 30, 2022
Dec 31, 2021	$2.461	Dec 31, 2021
Dec 31, 2020	$0.139	Dec 31, 2020