Putnam Retirement Advantage 2045 C (PAFPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.85
+0.10 (0.85%)
Feb 13, 2025, 4:00 PM EST
14.05%
Fund Assets 11.02M
Expense Ratio 1.55%
Min. Investment $500
Turnover n/a
Dividend (ttm) 0.54
Dividend Yield 4.58%
Dividend Growth 178.97%
Payout Frequency Annual
Ex-Dividend Date Dec 31, 2024
Previous Close 11.75
YTD Return 4.04%
1-Year Return 19.50%
5-Year Return n/a
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 3
Inception Date Sep 1, 2020

About PAFPX

PAFPX was founded on 2020-09-01. The Fund's investment strategy focuses on Growth with 1.55% total expense ratio. The minimum amount to invest in Putnam Retirement Advantage 2045 Fund Class C Shares is $500 on a standard taxable account. Putnam Retirement Advantage 2045 Fund Class C Shares seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date of 2045. Putnam Management will adjust these funds allocations at the end of each calendar quarter based on the glide path.

Category Target-Date 2045
Performance Rating High
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol PAFPX
Share Class Class C Shares
Index S&P Target Date To 2045 TR

Performance

PAFPX had a total return of 19.50% in the past year. Since the fund's inception, the average annual return has been 10.25%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
PAFMX Class R6 Shares 0.45%
PAFJX Class Y Shares 0.55%
PALGX Class A Shares 0.80%
PAFZX Class R Shares 1.20%

Top 10 Holdings

99.95% of assets
Name Symbol Weight
PUTNAM DYNAMIC ASSET ALLOCATION GROWTH FUND - MUTUAL FUND PVT998143903 93.71%
PUTNAM DYNAMIC ASSET ALLOCATION BALANCED FUND - MUTUAL FUND PVT746444900 3.89%
PUTNAM SHORT TERM INVESTMENT FUND - MUTUAL FUND PVT74676A451 2.36%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 31, 2024 $0.544 Dec 31, 2024
Dec 29, 2023 $0.195 Dec 29, 2023
Dec 30, 2022 $0.947 Dec 30, 2022
Dec 31, 2021 $1.669 Dec 31, 2021
Dec 31, 2020 $0.100 Dec 31, 2020
Full Dividend History