Putnam Retirement Advantage Maturity Y (PAETX)
| Fund Assets | 41.30M |
| Expense Ratio | 0.55% |
| Min. Investment | $500 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 5.03% |
| Dividend Growth | 23.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 11.23 |
| YTD Return | 2.00% |
| 1-Year Return | 12.09% |
| 5-Year Return | 24.64% |
| 52-Week Low | 9.58 |
| 52-Week High | 11.26 |
| Beta (5Y) | n/a |
| Holdings | 2 |
| Inception Date | Sep 1, 2020 |
About PAETX
Putnam Retirement Advantage Maturity Fund Class Y is a mutual fund designed as a target-date retirement solution. Its primary objective is to balance capital appreciation and current income, dynamically adjusting its asset allocation as it nears its predetermined maturity date. The fund gradually transitions from a focus on growth-seeking investments to a more conservative, income-oriented strategy, aiming to meet the needs of investors approaching or in retirement. Asset allocations are reviewed and adjusted quarterly, ensuring alignment with the evolving risk profile appropriate for its target date. This structure makes it suitable for investors seeking a managed glide path as they prepare for retirement. Notable features include a relatively low minimum investment, regular monthly income distributions, and an emphasis on maintaining risk-adjusted returns over the long term. With its focus on income generation and capital preservation, the fund plays a key role within the broader retirement planning market, offering a hands-off approach to reallocating assets as investors' retirement goals and timelines progress.
Performance
PAETX had a total return of 12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.79%.
Top Holdings
100.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Multi-Asset Income Fund | n/a | 94.40% |
| Putnam Short Term Investment Fund, Class P | n/a | 5.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0213 | Jan 30, 2026 |
| Dec 30, 2025 | $0.1675 | Dec 30, 2025 |
| Nov 28, 2025 | $0.0365 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0371 | Oct 30, 2025 |
| Sep 30, 2025 | $0.0348 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0564 | Aug 29, 2025 |