Franklin Retirement Advantage Pl 2035 R4 (PADSX)

Fund Assets	376.22M
Expense Ratio	0.81%
Min. Investment	$500
Turnover	22.00%
Dividend (ttm)	0.51
Dividend Yield	1.60%
Dividend Growth	-2.26%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	31.96
YTD Return	4.24%
1-Year Return	5.53%
5-Year Return	24.11%
52-Week Low	29.09
52-Week High	32.57
Beta (5Y)	n/a
Holdings	9
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2035
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: PADSX
• Index: S&P 500 TR

Performance

PADSX had a total return of 5.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.00%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FWTKX	Fidelity	Fidelity Freedom 2035 Fund Class K6	0.39%
FHGLX	Fidelity	Fidelity Advisor Freedom 2035 K6	0.39%
FITHX	Fidelity	Fidelity Advisor Freedom 2035 I	0.62%
FIJOX	Fidelity	Fidelity Advisor Freedom 2035 Z	0.61%
FNIPX	Fidelity	Fidelity Freedom Index 2035 Premier	0.05%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Bal P	n/a	79.43%
Putnam Fds Tr	n/a	5.02%
Franklin Dynamic Asset Allocation Gr P	n/a	4.12%
Franklin BSP Lending Fund	FBREX	3.90%
Clarion Partners Real Estate Inc I	CPREX	3.89%
Franklin Multi-Asset Income P	n/a	3.30%
Franklin Dynamic Asset Allocation Cnsv P	n/a	0.51%
Usd	n/a	0.07%
Usd	n/a	-0.25%

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

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:

Oct 16, 2026

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