Putnam Sustainable Retirement 2060 R3 (PAEVX)
| Fund Assets | 75.22M |
| Expense Ratio | n/a |
| Min. Investment | $500 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 3.28% |
| Dividend Growth | 909.40% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 15.38 |
| YTD Return | -0.39% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 11.59 |
| 52-Week High | 15.75 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Jan 4, 2021 |
About PAEVX
Putnam Sustainable Retirement 2060 Fund Class R3 is a target-date mutual fund tailored for investors planning to retire around the year 2060. Its primary objective is to seek capital appreciation and current income, with the fund’s asset allocation gradually shifting over time to reduce risk as the retirement date approaches. Early in its lifecycle, the fund emphasizes growth through investments in equities, with increasing allocation to income-generating and capital-preserving assets as 2060 nears. A notable feature of this fund is its sustainable investment approach, which integrates environmental, social, and governance (ESG) criteria into its selection process. This focus is reflected in its low portfolio carbon risk and minimal exposure to fossil fuels, supporting investors with sustainability preferences. The fund builds diversification by investing in a mix of underlying funds and ETFs, spanning various asset classes and global markets. The Putnam Sustainable Retirement 2060 Fund Class R3 serves as a comprehensive solution for long-term retirement savers seeking a disciplined glide path and a commitment to responsible investing.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Sustainable Leaders ETF | PLDR | 48.02% |
| Putnam Sustainable Future ETF | PFUT | 22.24% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 16.50% |
| Putnam PanAgora ESG Emerging Markets Equity ETF | PPEM | 5.46% |
| Putnam ESG Core Bond ETF | PCRB | 4.27% |
| Putnam ESG High Yield ETF | PHYD | 1.98% |
| Putnam ESG Ultra Short ETF | PULT | 1.21% |
| Cash And Equivalents | n/a | 0.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5047 | Dec 30, 2025 |
| Dec 31, 2024 | $0.050 | Dec 31, 2024 |
| Dec 29, 2023 | $0.146 | Dec 29, 2023 |
| Dec 30, 2022 | $0.641 | Dec 30, 2022 |
| Dec 31, 2021 | $1.714 | Dec 31, 2021 |