Putnam Retirement Advantage Plus 2030 R5 (PADRX)
| Fund Assets | 439.43M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 2.15% |
| Dividend Growth | -11.77% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 26.14 |
| YTD Return | -1.69% |
| 1-Year Return | 7.44% |
| 5-Year Return | 17.33% |
| 52-Week Low | 23.56 |
| 52-Week High | 27.31 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PADRX
Putnam Sustainable Retirement 2030 Fund Class R5 is an open-end mutual fund designed primarily for investors planning to retire around the year 2030. This fund serves as a target-date investment, aiming to simplify retirement planning by automatically adjusting its asset allocation over time—gradually shifting from a growth-oriented mix of equities to a more conservative, income-focused allocation as the target retirement date approaches. A distinguishing feature of this fund is its emphasis on sustainability: it invests mainly in underlying exchange-traded funds that focus on companies and issuers with positive environmental, social, and governance (ESG) characteristics. Key holdings typically include a blend of ESG-oriented equity and fixed income ETFs, seeking to balance capital appreciation and risk management while supporting sustainable business practices. The fund plays a significant role for individuals and institutional investors seeking diversified, professionally managed exposure to both U.S. and international markets, with a glide path designed to help manage longevity and market risks as retirement nears. This positions it as a core component in retirement portfolios with a focus on both financial and sustainability objectives.
Performance
PADRX had a total return of 7.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.25%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.562 | Dec 30, 2025 |
| Dec 31, 2024 | $0.637 | Dec 31, 2024 |
| Dec 29, 2023 | $0.641 | Dec 29, 2023 |
| Dec 30, 2022 | $2.294 | Dec 30, 2022 |
| Dec 31, 2021 | $2.160 | Dec 31, 2021 |