Putnam Retirement Advantage Plus 2055 R3 (PAEOX)
| Fund Assets | 163.89M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.41% |
| Dividend Growth | 80.18% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 14.37 |
| YTD Return | -4.07% |
| 1-Year Return | 12.73% |
| 5-Year Return | 39.05% |
| 52-Week Low | 11.78 |
| 52-Week High | 15.36 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Jan 4, 2021 |
About PAEOX
The Putnam Sustainable Retirement 2055 Fund Class R3 is a target-date mutual fund designed to support long-term retirement goals. Its primary objective is to seek capital appreciation and current income, with a strategy that gradually shifts its focus from growth-oriented investments to a greater emphasis on income as the target retirement year of 2055 approaches. The fund achieves diversification by allocating its assets across underlying funds that invest in a broad mix of asset classes, which may include both domestic and international equities, fixed income, and sustainable investment options. Notably, the fund incorporates sustainable investing criteria, considering environmental, social, and governance (ESG) factors in its investment process. This aligns the portfolio with values-based considerations, such as minimizing exposure to sectors like fossil fuels or firearms, while aiming to maintain a balanced approach to risk and return over time. The fund plays a significant role in retirement planning by automatically adjusting its risk profile, making it suitable for individuals who intend to retire around the year 2055 and seek an investment solution that evolves as they move closer to retirement.
Performance
PAEOX had a total return of 12.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.52%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Gr P | n/a | 50.19% |
| Putnam Dynamic Asset Allocation Equity P | n/a | 42.58% |
| Cash And Equivalents | n/a | 4.26% |
| Franklin BSP Lending Fund | FBREX | 1.25% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 1.25% |
| Putnam Fds Tr | n/a | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.2018 | Dec 30, 2025 |
| Dec 31, 2024 | $0.112 | Dec 31, 2024 |
| Dec 29, 2023 | $0.145 | Dec 29, 2023 |
| Dec 30, 2022 | $0.950 | Dec 30, 2022 |
| Dec 31, 2021 | $1.588 | Dec 31, 2021 |