Putnam Retirement Advantage 2055 Fund Class R6 Shares (PACJX)
| Fund Assets | 18.80M |
| Expense Ratio | 0.45% |
| Min. Investment | $500 |
| Turnover | 21.00% |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 9.70% |
| Dividend Growth | 72.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 13.22 |
| YTD Return | 2.79% |
| 1-Year Return | 17.49% |
| 5-Year Return | 70.95% |
| 52-Week Low | 9.54 |
| 52-Week High | 13.37 |
| Beta (5Y) | n/a |
| Holdings | 3 |
| Inception Date | Dec 31, 2019 |
About PACJX
Putnam Retirement Advantage 2055 Fund is a target-date mutual fund designed primarily for individuals planning to retire around the year 2055. This fund employs a diversified investment approach, allocating assets among a mix of underlying Putnam mutual funds to provide long-term growth potential during the early years and gradually shifting toward more conservative investments as the target retirement date approaches. The underlying holdings span both U.S. and international equities as well as fixed income and money market instruments, seeking to balance growth and risk throughout the investor's lifecycle. Notable for its active management, the fund adjusts its portfolio allocation periodically to align with the evolving risk profile typical of retirement-focused strategies. By integrating a broad array of asset classes and investment styles, the fund aims to deliver a smoother investment experience across various market conditions, supporting retirement planning needs over a multi-decade horizon. Managed by a team with expertise in global asset allocation, the Putnam Retirement Advantage 2055 Fund serves as a cornerstone option for retirement accounts, such as 401(k)s and IRAs, for investors targeting retirement in the mid-2050s.
Performance
PACJX had a total return of 17.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.25%.
Top Holdings
99.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Growth Fund, Class P | n/a | 62.81% |
| Putnam Dynamic Asset Allocation Equity Fund, Class P | n/a | 36.63% |
| Putnam Short Term Investment Fund, Class P | n/a | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.2829 | Dec 30, 2025 |
| Dec 31, 2024 | $0.743 | Dec 31, 2024 |
| Dec 29, 2023 | $0.498 | Dec 29, 2023 |
| Dec 30, 2022 | $0.845 | Dec 30, 2022 |
| Dec 31, 2021 | $2.031 | Dec 31, 2021 |
| Dec 31, 2020 | $0.222 | Dec 31, 2020 |