Franklin Retirement Advantage Pl 2045 R3 (PACGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

34.85

-0.04 (-0.11%)

At close: Aug 26, 2026

11.91% (1Y)

Fund Assets	327.91M
Expense Ratio	1.08%
Min. Investment	$500
Turnover	21.00%
Dividend (ttm)	0.42
Dividend Yield	1.21%
Dividend Growth	32.79%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	34.89
YTD Return	8.33%
1-Year Return	13.36%
5-Year Return	30.40%
52-Week Low	30.10
52-Week High	35.13
Beta (5Y)	n/a
Holdings	8
Inception Date	Jan 4, 2021

About PACGX

The Putnam Sustainable Retirement 2045 Fund – Class R3 is a target-date mutual fund designed to support investors planning to retire around the year 2045. Its primary function is to provide both capital appreciation and current income, with the portfolio allocation gradually shifting as the target retirement date approaches. Early in its lifecycle, the fund emphasizes growth by holding a higher proportion of equities, but as 2045 nears, it increases exposure to fixed income assets to reduce risk and enhance income generation. A distinguishing feature of this fund is its focus on sustainability; it invests in underlying funds and securities that meet environmental, social, and governance (ESG) considerations. By diversifying across multiple asset classes and integrating ESG factors, the fund aims to help investors achieve retirement security while aligning with sustainable investment principles. It plays a significant role for individuals seeking a professionally managed, adaptive investment solution that adjusts over time to match evolving risk tolerance as retirement draws closer.

Fund Family Franklin Templeton Investments

Category Target-Date 2045

Performance Rating Low

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol PACGX

Index S&P 500 TR

Performance

PACGX had a total return of 13.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.70%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FOLSX	Fidelity	Fidelity Flex Freedom Blend 2045 Fund	0.01%
FFFGX	Fidelity	Fidelity Freedom 2045 Fund	0.68%
FCGLX	Fidelity	Fidelity Advisor Freedom 2045 K6	0.45%
FFFTX	Fidelity	Fidelity Advisor Freedom 2045 M	1.18%
FFFZX	Fidelity	Fidelity Advisor Freedom 2045 A	0.93%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Gr P	n/a	84.91%
Franklin Dynamic Asset Allocation Eq P	n/a	5.92%
Putnam Fds Tr	n/a	3.24%
Franklin BSP Lending Fund	FBREX	2.09%
Clarion Partners Real Estate Inc I	CPREX	2.07%
Franklin Dynamic Asset Allocation Bal P	n/a	1.77%
Usd	n/a	0.04%
Usd	n/a	-0.04%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.4183	Dec 30, 2025
Dec 31, 2024	$0.315	Dec 31, 2024
Dec 29, 2023	$0.359	Dec 29, 2023
Dec 30, 2022	$2.401	Dec 30, 2022
Dec 31, 2021	$2.724	Dec 31, 2021

Full Dividend History