Putnam Retirement Advantage 2060 R3 (PAHJX)

Fund Assets	11.80M
Expense Ratio	0.95%
Min. Investment	$500
Turnover	19.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	12.86
YTD Return	8.67%
1-Year Return	12.22%
5-Year Return	n/a
52-Week Low	10.31
52-Week High	12.87
Beta (5Y)	n/a
Holdings	4
Inception Date	Sep 1, 2020

About PAHJX

Putnam Retirement Advantage 2060 Fund Class R3 is a target-date mutual fund designed for investors planning to retire around the year 2060. The fund’s primary objective is to provide long-term growth by strategically allocating investments across a diversified mix of underlying Putnam mutual funds. Early in its investment lifecycle, the fund emphasizes higher allocations to equity securities, aiming for capital appreciation. As the designated retirement date approaches, it gradually shifts toward fixed income securities and money market instruments to reduce risk and preserve accumulated assets. This glide path ensures that the overall portfolio risk decreases as participants near retirement age. The fund serves a pivotal role in retirement planning by offering a professionally managed, all-in-one solution that automatically adjusts asset allocations over time, making it a popular choice within employer-sponsored retirement plans. The Class R3 designation represents a specific share class available to certain retirement plans, providing a streamlined investment experience for individuals working towards long-term retirement goals.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2060+
• Stock Exchange: NASDAQ
• Ticker Symbol: PAHJX
• Share Class: Class R3 Shares
• Index: S&P Target Date To 2060 TR USD

Performance

PAHJX had a total return of 12.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.52%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PAAKX	Class R6 Shares	0.45%
PAKJX	Class Y Shares	0.55%
PAHLX	Class R5 Shares	0.55%
PAAVX	Class A Shares	0.80%

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
Putnam Dynamic Asset Allocation Equity P	n/a	62.02%
Putnam Dynamic Asset Allocation Gr P	n/a	37.43%
Putnam Fds Tr	n/a	0.49%
Net Cash	n/a	0.06%