Putnam Sustainable Retirement 2055 R5 (PAESX)
| Fund Assets | 163.89M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 1.70% |
| Dividend Growth | 60.06% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 14.96 |
| YTD Return | -0.20% |
| 1-Year Return | 8.96% |
| 5-Year Return | n/a |
| 52-Week Low | 11.37 |
| 52-Week High | 15.29 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PAESX
Putnam Sustainable Retirement 2055 Fund Class R5 is a target-date mutual fund designed to help individuals prepare for retirement around the year 2055. The fund primarily invests in a diversified mix of underlying exchange-traded funds (ETFs) that emphasize sustainability, focusing on investments with positive environmental, social, and governance (ESG) characteristics. Its asset allocation strategy changes over time in alignment with a predetermined glide path: early in the fund’s lifecycle, it maintains a higher allocation to growth-oriented assets such as equities, then gradually shifts towards capital preservation and income-generating assets as the target retirement date approaches. This dynamic allocation aims to balance risk and return based on the participant’s investment horizon. The fund also manages liquidity needs by temporarily holding assets in money market funds or cash equivalents to accommodate purchase and redemption activity. Managed by Putnam Investments, the fund plays a significant role in workplace retirement plans and individual retirement portfolios, offering investors a professionally managed, sustainability-focused solution that adapts to changing risk profiles as retirement nears.
Performance
PAESX had a total return of 8.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.02%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.2545 | Dec 30, 2025 |
| Dec 31, 2024 | $0.159 | Dec 31, 2024 |
| Dec 29, 2023 | $0.187 | Dec 29, 2023 |
| Dec 30, 2022 | $0.989 | Dec 30, 2022 |
| Dec 31, 2021 | $1.639 | Dec 31, 2021 |