Putnam Retirement Advantage Plus 2060 R4 (PAEUX)
| Fund Assets | 75.22M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 3.62% |
| Dividend Growth | 298.43% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 14.76 |
| YTD Return | -4.29% |
| 1-Year Return | 13.45% |
| 5-Year Return | 40.43% |
| 52-Week Low | 12.22 |
| 52-Week High | 16.14 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Jan 4, 2021 |
About PAEUX
Putnam Sustainable Retirement 2060 Fund is a target-date mutual fund designed to help investors plan for retirement around the year 2060. Its primary objective is to seek capital appreciation and current income, adjusting its portfolio allocation over time to reflect a decreasing emphasis on growth and an increasing emphasis on income as the target date approaches. The fund achieves diversification by investing predominantly in other Putnam-managed funds and exchange-traded funds (ETFs) with a focus on environmental, social, and governance (ESG) criteria, including holdings like the Putnam Sustainable Leaders ETF and Putnam Sustainable Future ETF. This structure allows the fund to provide broad exposure to both domestic and international equities, as well as fixed income and cash equivalents, with a significant tilt toward sustainable investment strategies. Putnam Sustainable Retirement 2060 Fund caters to individuals seeking a managed, long-term retirement solution that integrates ESG considerations, playing a key role in the target-date and sustainable investing segments of the financial market.
Performance
PAEUX had a total return of 13.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.72%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Equity P | n/a | 63.93% |
| Putnam Dynamic Asset Allocation Gr P | n/a | 29.11% |
| Cash And Equivalents | n/a | 4.58% |
| Franklin BSP Lending Fund | FBREX | 0.95% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 0.95% |
| Putnam Fds Tr | n/a | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5339 | Dec 30, 2025 |
| Dec 31, 2024 | $0.134 | Dec 31, 2024 |
| Dec 29, 2023 | $0.174 | Dec 29, 2023 |
| Dec 30, 2022 | $0.671 | Dec 30, 2022 |
| Dec 31, 2021 | $1.743 | Dec 31, 2021 |