Putnam Retirement Advantage 2050 R (PAEQX)
| Fund Assets | 26.65M |
| Expense Ratio | 1.20% |
| Min. Investment | $500 |
| Turnover | 21.00% |
| Dividend (ttm) | 1.21 |
| Dividend Yield | 9.20% |
| Dividend Growth | 106.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 13.18 |
| YTD Return | 9.74% |
| 1-Year Return | 20.09% |
| 5-Year Return | 62.83% |
| 52-Week Low | 11.62 |
| 52-Week High | 13.45 |
| Beta (5Y) | 0.84 |
| Holdings | 3 |
| Inception Date | Sep 1, 2020 |
About PAEQX
The Putnam Retirement Advantage 2050 Fund Class R is a target-date mutual fund designed primarily for individuals planning to retire around the year 2050. Its portfolio allocation is dynamically adjusted over time, with an initial focus on capital appreciation through a higher exposure to growth-oriented assets. As the target retirement date approaches, the fund gradually shifts toward a more conservative allocation, placing greater emphasis on income-generating investments and capital preservation. This glide path is intended to balance growth potential in earlier years with risk reduction as retirement nears. The fund achieves diversification by investing in a variety of underlying Putnam mutual funds across multiple asset classes, including equities and fixed income. Its structure is well-suited for retirement planning strategies, offering a hands-off approach for long-term investors seeking both growth and eventual income as they transition into retirement.
Performance
PAEQX had a total return of 20.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.64%.
Top Holdings
99.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Growth Fund, Class P | n/a | 87.42% |
| Putnam Dynamic Asset Allocation Equity Fund, Class P | n/a | 11.24% |
| Putnam Short Term Investment Fund, Class P | n/a | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.2128 | Dec 30, 2025 |
| Dec 31, 2024 | $0.586 | Dec 31, 2024 |
| Dec 29, 2023 | $0.463 | Dec 29, 2023 |
| Dec 30, 2022 | $0.887 | Dec 30, 2022 |
| Dec 31, 2021 | $1.926 | Dec 31, 2021 |
| Dec 31, 2020 | $0.220 | Dec 31, 2020 |