Putnam Retirement Advantage 2060 C (PAAPX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.97
-0.09 (-0.75%)
Feb 7, 2025, 4:00 PM EST
15.54% (1Y)
Fund Assets | 3.06M |
Expense Ratio | 1.55% |
Min. Investment | $500 |
Turnover | n/a |
Dividend (ttm) | 0.53 |
Dividend Yield | 4.44% |
Dividend Growth | -35.71% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 31, 2024 |
Previous Close | 12.06 |
YTD Return | 3.10% |
1-Year Return | 20.82% |
5-Year Return | n/a |
52-Week Low | n/a |
52-Week High | n/a |
Beta (5Y) | n/a |
Holdings | 3 |
Inception Date | Sep 1, 2020 |
About PAAPX
PAAPX was founded on 2020-09-01. The Fund's investment strategy focuses on Growth with 1.55% total expense ratio. The minimum amount to invest in Putnam Retirement Advantage 2060 Fund Class C Shares is $500 on a standard taxable account. Putnam Retirement Advantage 2060 Fund Class C 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 Average
Stock Exchange NASDAQ
Ticker Symbol PAAPX
Share Class Class C Shares
Index S&P Target Date To 2060 TR USD
Performance
PAAPX had a total return of 20.82% in the past year. Since the fund's inception, the average annual return has been 11.81%, including dividends.
Top 10 Holdings
99.97% of assetsName | 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 | $0.531 | Dec 31, 2024 |
Dec 29, 2023 | $0.826 | Dec 29, 2023 |
Dec 30, 2022 | $0.553 | Dec 30, 2022 |
Dec 31, 2021 | $2.319 | Dec 31, 2021 |
Dec 31, 2020 | $0.100 | Dec 31, 2020 |