Franklin Retirement Advantage Pl 2035 R5 (PADVX)

Fund Assets	376.22M
Expense Ratio	0.65%
Min. Investment	$0.00
Turnover	22.00%
Dividend (ttm)	0.55
Dividend Yield	1.71%
Dividend Growth	-2.03%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	32.02
YTD Return	4.37%
1-Year Return	5.72%
5-Year Return	24.84%
52-Week Low	29.12
52-Week High	32.62
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About PADVX

Putnam Sustainable Retirement 2035 Fund Class R5 is a target-date mutual fund designed to support investors planning to retire around the year 2035. Its primary objective is to achieve both capital appreciation and current income, adjusting its asset allocation strategy over time to reflect a decreasing emphasis on growth and an increasing emphasis on income as the target retirement date approaches. The fund achieves broad diversification by investing in a range of underlying funds, spanning multiple asset classes. This approach is intended to balance risk and return throughout the investment lifecycle, adapting to an investor’s evolving needs as they near retirement. The fund is managed by Franklin Templeton Investments and leverages an asset allocation glide path, which systematically shifts investments from higher-risk, growth-oriented assets toward more conservative, income-generating holdings over time. This structure makes it a core component for long-term retirement strategies, appealing to individuals seeking a managed, all-in-one solution for retirement planning that evolves with their financial timeline.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2035
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: PADVX

Performance

PADVX had a total return of 5.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.94%.

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5506	Dec 30, 2025
Dec 31, 2024	$0.562	Dec 31, 2024
Dec 29, 2023	$0.547	Dec 29, 2023
Dec 30, 2022	$2.448	Dec 30, 2022
Dec 31, 2021	$2.755	Dec 31, 2021

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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