Franklin Retirement Advantage 2055 A (PADYX)

Fund Assets	18.80M
Expense Ratio	0.80%
Min. Investment	$500
Turnover	21.00%
Dividend (ttm)	0.38
Dividend Yield	2.62%
Dividend Growth	-22.91%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	14.49
YTD Return	12.87%
1-Year Return	20.01%
5-Year Return	68.47%
52-Week Low	12.28
52-Week High	14.59
Beta (5Y)	0.90
Holdings	3
Inception Date	Sep 1, 2020

About PADYX

Putnam Retirement Advantage 2055 Fund Class A is a target-date mutual fund crafted for individuals aiming to retire around the year 2055. Its primary goal is to provide capital appreciation and current income over time by dynamically adjusting its asset allocation as the target retirement date approaches. Initially, the fund holds a higher concentration in equities with the objective of maximizing growth during the early years. As the target date draws closer, the allocation gradually shifts toward a more conservative mix, increasing exposure to fixed-income and income-generating assets to reduce risk and volatility. The fund achieves diversification by investing in a variety of underlying Putnam mutual funds, spanning multiple asset classes. This structure aims to balance risk and reward throughout an investor’s lifecycle, adapting to changing market conditions and the evolving needs of those approaching retirement. Recognized for its systematic glide path strategy and broad diversification, the fund plays a significant role in retirement planning, appealing to investors seeking a managed, "set-it-and-forget-it" approach to their long-term retirement savings.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2055
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PADYX
• Share Class: Class A Shares
• Index: S&P Target Date To 2055 TR

Performance

PADYX had a total return of 20.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.89%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PACJX	Class R6 Shares	0.45%
PAAWX	Class Y Shares	0.55%
PACSX	Class R Shares	1.20%
PACWX	Class C Shares	1.55%

Top Holdings

99.87% of assets

Name	Symbol	Weight
Putnam Dynamic Asset Allocation Growth Fund, Class P	n/a	65.36%
Putnam Dynamic Asset Allocation Equity Fund, Class P	n/a	34.08%
Putnam Short Term Investment Fund, Class P	n/a	0.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.254	Dec 30, 2025
Dec 31, 2024	$0.706	Dec 31, 2024
Dec 29, 2023	$0.470	Dec 29, 2023
Dec 30, 2022	$0.822	Dec 30, 2022
Dec 31, 2021	$2.001	Dec 31, 2021
Dec 31, 2020	$0.211	Dec 31, 2020

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:

Aug 27, 2026

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