Franklin Retirement Advantage Pl 2050 R4 (PAEHX)

Fund Assets	247.53M
Expense Ratio	0.84%
Min. Investment	$500
Turnover	17.00%
Dividend (ttm)	0.37
Dividend Yield	1.46%
Dividend Growth	36.65%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	25.01
YTD Return	8.00%
1-Year Return	9.93%
5-Year Return	34.90%
52-Week Low	21.69
52-Week High	25.57
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.

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

Performance

PAEHX had a total return of 9.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.95%.

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	0.66%
FYLSX	Fidelity	Fidelity Flex Freedom Blend 2050 Fund	n/a
FFFQX	Fidelity	Fidelity Advisor Freedom 2050 M	1.23%
FFFLX	Fidelity	Fidelity Advisor Freedom 2050 A	0.93%
FFFHX	Fidelity	Fidelity Freedom 2050 Fund	0.67%

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	$0.3676	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

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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