Putnam Retirement Advantage Plus 2035 R4 (PADSX)
| Fund Assets | 376.22M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 1.73% |
| Dividend Growth | -2.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 29.75 |
| YTD Return | -2.97% |
| 1-Year Return | 8.88% |
| 5-Year Return | 206.39% |
| 52-Week Low | 25.89 |
| 52-Week High | 31.45 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Jan 4, 2021 |
About PADSX
Putnam Sustainable Retirement 2035 Fund Class R4 is a target-date mutual fund designed to help investors prepare for retirement around the year 2035. This actively managed fund primarily aims to balance capital appreciation and current income, gradually shifting its asset allocation to become more conservative as its target date approaches. The fund invests in a curated mix of underlying Putnam exchange-traded funds (ETFs) with a strong emphasis on sustainable investing, incorporating environmental, social, and governance (ESG) criteria into its portfolio decisions. Core holdings include funds focused on sustainable U.S. equities, ESG-oriented bonds, and international ESG equities, reflecting the fund’s commitment to responsible investment practices. With a minimum investment of $500, the fund is structured to suit long-term investors seeking a blend of growth and income that aligns with retirement objectives, adapting its risk profile over time to protect accumulated savings as the target date nears. Established in 2021, the fund plays a vital role in the market by offering a sustainable, forward-looking solution for individuals planning their retirement while supporting responsible corporate behavior.
Performance
PADSX had a total return of 8.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.93%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Bal P | n/a | 77.98% |
| Putnam Dynamic Asset Allocation Gr P | n/a | 7.97% |
| Putnam Fds Tr | n/a | 4.62% |
| Franklin BSP Lending Fund | FBREX | 3.92% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 3.91% |
| Cash And Equivalents | n/a | 1.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5141 | Dec 30, 2025 |
| Dec 31, 2024 | $0.526 | Dec 31, 2024 |
| Dec 29, 2023 | $0.502 | Dec 29, 2023 |
| Dec 30, 2022 | $2.415 | Dec 30, 2022 |
| Dec 31, 2021 | $2.711 | Dec 31, 2021 |