Putnam Retirement Advantage Plus Mat R4 (PACPX)
| Fund Assets | 640.34M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 3.18% |
| Dividend Growth | 2.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 16.86 |
| YTD Return | -1.72% |
| 1-Year Return | 6.34% |
| 5-Year Return | 87.26% |
| 52-Week Low | 15.66 |
| 52-Week High | 17.47 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Jan 4, 2021 |
About PACPX
Putnam Sustainable Retirement Maturity Fund Class R4 is a target-date mutual fund designed to help investors manage retirement savings approaching or at their intended retirement year. The fund seeks to provide a blend of income and moderate growth by primarily investing in a diversified mix of underlying funds, with an emphasis on sustainability and responsible investing practices. As the fund reaches its maturity date, its allocation shifts toward more conservative assets, such as bonds and cash equivalents, to focus on preserving capital and generating income rather than pursuing high growth. This fund plays a significant role for individuals seeking a managed, long-term investment solution aligned with their anticipated retirement timeline. It is particularly relevant for plan sponsors and participants in employer-sponsored retirement plans who are looking for a professionally managed option that incorporates environmental, social, and governance (ESG) considerations. With an attractive dividend yield and a low turnover ratio, the Putnam Sustainable Retirement Maturity Fund Class R4 caters to investors desiring stability and sustainable investing principles as they enter retirement.
Performance
PACPX had a total return of 6.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.81%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Multi-Asset Income P | n/a | 78.70% |
| Putnam Dynamic Asset Allocation Bal P | n/a | 6.49% |
| Putnam Fds Tr | n/a | 5.94% |
| Franklin BSP Lending Fund | FBREX | 3.95% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 3.94% |
| Cash And Equivalents | n/a | 0.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0508 | Mar 31, 2026 |
| Feb 27, 2026 | $0.034 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0398 | Jan 30, 2026 |
| Dec 30, 2025 | $0.1058 | Dec 30, 2025 |
| Nov 28, 2025 | $0.0528 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0335 | Oct 30, 2025 |