Putnam Retirement Advantage Plus 2050 R4 (PAEHX)
| Fund Assets | 247.53M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 1.64% |
| Dividend Growth | 36.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 22.41 |
| YTD Return | -3.70% |
| 1-Year Return | 12.57% |
| 5-Year Return | 28.32% |
| 52-Week Low | 18.55 |
| 52-Week High | 23.91 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Jan 4, 2021 |
About PAEHX
Putnam Sustainable Retirement 2050 Fund Class R4 is a target-date mutual fund designed to help investors prepare for retirement around the year 2050. This fund seeks both capital appreciation and current income, with its investment approach shifting over time—from an emphasis on growth in the early years to a stronger focus on income as the target retirement date approaches. Notably, the fund utilizes a diversified mix of asset classes by investing in other Putnam mutual funds, which allows for broad exposure to equities, fixed income, and other financial instruments. A distinguishing feature of this fund is its commitment to sustainable investing, integrating environmental, social, and governance (ESG) considerations into its selection process. The fund’s structure is particularly suited for individuals participating in employer-sponsored retirement plans who desire a professionally managed, long-term solution that automatically adjusts its risk profile as retirement nears. By aligning its glide path with the changing needs and time horizon of investors, Putnam Sustainable Retirement 2050 Fund Class R4 plays a significant role in retirement planning and long-term wealth accumulation within the financial markets.
Performance
PAEHX had a total return of 12.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.35%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Gr P | n/a | 67.10% |
| Putnam Dynamic Asset Allocation Equity P | n/a | 24.15% |
| Cash And Equivalents | n/a | 4.17% |
| Franklin BSP Lending Fund | FBREX | 1.67% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 1.67% |
| Putnam Fds Tr | n/a | 1.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.3676 | Dec 30, 2025 |
| Dec 31, 2024 | $0.269 | Dec 31, 2024 |
| Dec 29, 2023 | $0.294 | Dec 29, 2023 |
| Dec 30, 2022 | $2.074 | Dec 30, 2022 |
| Dec 31, 2021 | $2.289 | Dec 31, 2021 |