Franklin Retirement Advantage Pl 2050 R3 (PADWX)

Fund Assets	247.53M
Expense Ratio	1.09%
Min. Investment	$500
Turnover	17.00%
Dividend (ttm)	0.31
Dividend Yield	1.22%
Dividend Growth	46.27%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	24.95
YTD Return	7.22%
1-Year Return	9.23%
5-Year Return	32.85%
52-Week Low	21.68
52-Week High	25.53
Beta (5Y)	n/a
Holdings	6
Inception Date	Jan 4, 2021

About PADWX

Putnam Sustainable Retirement 2050 Fund Class R3 is a target-date mutual fund designed to help investors accumulate and preserve wealth as they approach retirement around the year 2050. The fund seeks to balance capital appreciation in earlier years with a gradual shift toward generating current income as the target retirement date approaches. This is achieved through a diversified allocation primarily among underlying funds, with notable emphasis on sustainability and ESG (environmental, social, and governance) criteria in its investment approach. The portfolio includes a mix of U.S. and international equities, sustainable bond holdings, and emerging markets exposure, adapting its asset mix over time to align with changing risk profiles and income needs. The fund plays a significant role in retirement planning by offering a professionally managed investment solution tailored for long-term growth while integrating responsible investing principles. Managed by a dedicated team, it is aimed at individuals seeking an all-in-one retirement strategy with a focus on both financial performance and positive environmental and social impact.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2050
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PADWX
• Index: S&P 500 TR

Performance

PADWX had a total return of 9.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.51%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FIJRX	Fidelity	Fidelity Advisor Freedom 2050 Z	0.65%
FYLSX	Fidelity	Fidelity Flex Freedom Blend 2050 Fund	0.01%
FFFQX	Fidelity	Fidelity Advisor Freedom 2050 M	1.18%
FFFLX	Fidelity	Fidelity Advisor Freedom 2050 A	0.93%
FFFHX	Fidelity	Fidelity Freedom 2050 Fund	0.68%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Gr P	n/a	71.58%
Franklin Dynamic Asset Allocation Eq P	n/a	23.36%
Franklin BSP Lending Fund	FBREX	1.71%
Clarion Partners Real Estate Inc I	CPREX	1.71%
Putnam Fds Tr	n/a	1.54%
Usd	n/a	0.10%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.3057	Dec 30, 2025
Dec 31, 2024	$0.209	Dec 31, 2024
Dec 29, 2023	$0.255	Dec 29, 2023
Dec 30, 2022	$2.016	Dec 30, 2022
Dec 31, 2021	$2.251	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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