Franklin Retirement Advantage Pl 2030 R4 (PADNX)

Fund Assets	439.43M
Expense Ratio	0.78%
Min. Investment	$500
Turnover	18.00%
Dividend (ttm)	0.53
Dividend Yield	1.91%
Dividend Growth	-11.49%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	27.71
YTD Return	3.94%
1-Year Return	7.29%
5-Year Return	17.22%
52-Week Low	25.72
52-Week High	27.75
Beta (5Y)	n/a
Holdings	7
Inception Date	Jan 4, 2021

About PADNX

Putnam Sustainable Retirement 2030 Fund Class R4 is a target-date mutual fund designed to help investors prepare for retirement around the year 2030. The fund’s primary objective is to provide a diversified investment portfolio that gradually shifts its allocation from higher-growth assets to more conservative investments as the target date approaches. It does this by combining a mix of equity and fixed-income securities, adjusting its balance over time to reduce risk and volatility for investors nearing retirement. As of recent allocations, approximately one-third of the portfolio is in equities, with the remainder in fixed income, reflecting a transition towards capital preservation as 2030 draws near. The fund emphasizes sustainable investing principles, selecting holdings that consider environmental, social, and governance (ESG) factors. By integrating sustainability criteria, the fund seeks to address long-term risks and opportunities, making it particularly relevant for investors who are mindful of responsible investing practices. Putnam Sustainable Retirement 2030 Fund Class R4 plays a significant role in the retirement planning market, offering a professionally managed, age-appropriate glide path aimed at supporting income needs and financial security in retirement.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2030
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: PADNX
• Index: S&P 500 TR

Performance

PADNX had a total return of 7.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.09%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FTFEX	Fidelity	Fidelity Advisor Freedom 2030 M	1.11%
FIJNX	Fidelity	Fidelity Advisor Freedom 2030 Z	0.55%
FAFEX	Fidelity	Fidelity Advisor Freedom 2030 A	0.86%
FDGLX	Fidelity	Fidelity Advisor Freedom 2030 K6	0.35%
FFFEX	Fidelity	Fidelity Freedom 2030 Fund	0.61%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Cnsv P	n/a	36.47%
Franklin Multi-Asset Income P	n/a	26.80%
Franklin Dynamic Asset Allocation Bal P	n/a	22.44%
Putnam Fds Tr	n/a	6.36%
Franklin BSP Lending Fund	FBREX	3.91%
Clarion Partners Real Estate Inc I	CPREX	3.88%
Usd	n/a	0.15%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5284	Dec 30, 2025
Dec 31, 2024	$0.597	Dec 31, 2024
Dec 29, 2023	$0.600	Dec 29, 2023
Dec 30, 2022	$2.258	Dec 30, 2022
Dec 31, 2021	$2.117	Dec 31, 2021

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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