Franklin Retirement Advantage Pl 2060 R3 (PAEVX)

Fund Assets	75.22M
Expense Ratio	1.10%
Min. Investment	$500
Turnover	29.00%
Dividend (ttm)	0.18
Dividend Yield	1.08%
Dividend Growth	261.60%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	16.67
YTD Return	8.48%
1-Year Return	10.50%
5-Year Return	58.35%
52-Week Low	14.27
52-Week High	17.07
Beta (5Y)	n/a
Holdings	7
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2060+
• Performance Rating: Low
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PAEVX
• Index: S&P 500 TR

Performance

PAEVX had a total return of 10.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.31%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FDKTX	Fidelity	Fidelity Advisor Freedom 2060 M	1.23%
FNGLX	Fidelity	Fidelity Advisor Freedom 2060 K6	0.45%
FDKQX	Fidelity	Fidelity Advisor Freedom 2060 I	0.68%
FDKSX	Fidelity	Fidelity Advisor Freedom 2060 C	1.68%
FWLSX	Fidelity	Fidelity Flex Freedom Blend 2060 Fund	n/a

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Eq P	n/a	65.06%
Franklin Dynamic Asset Allocation Gr P	n/a	33.28%
Franklin BSP Lending Fund	FBREX	0.85%
Clarion Partners Real Estate Inc I	CPREX	0.85%
Putnam Fds Tr	n/a	0.51%
Usd	n/a	0.01%
Usd	n/a	-0.57%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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