Putnam Retirement Advantage 2060 R5 (PAHLX)

Fund Assets	13.93M
Expense Ratio	0.55%
Min. Investment	$500
Turnover	19.00%
Dividend (ttm)	1.17
Dividend Yield	8.77%
Dividend Growth	89.42%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	13.33
YTD Return	2.85%
1-Year Return	17.82%
5-Year Return	n/a
52-Week Low	9.51
52-Week High	13.50
Beta (5Y)	n/a
Holdings	4
Inception Date	Sep 1, 2020

About PAHLX

Putnam Retirement Advantage 2060 Fund Class R5 is a target-date mutual fund designed to help investors save for retirement with an anticipated retirement date near the year 2060. The fund employs a "glide path" strategy, gradually shifting its asset allocation from a focus on capital appreciation to greater stability and income as the target date approaches. Early on, the portfolio is weighted more heavily toward equities to maximize growth potential, then incrementally increases its allocation to fixed income and other conservative assets over time. This systematic transition aims to balance long-term growth with risk management as participants near retirement. The fund is diversified across various sectors and asset classes, catering to individuals seeking a managed, age-based approach to retirement investing. Class R5 shares are often used in employer-sponsored retirement plans, offering competitive fees relative to peer funds. Putnam Retirement Advantage 2060 Fund Class R5 serves as an all-in-one solution for long-term retirement investors, simplifying decision-making by automatically adjusting investment strategies over time.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2060+
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PAHLX
• Share Class: Class R5 Shares
• Index: S&P Target Date To 2060 TR USD

Performance

PAHLX had a total return of 17.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 29.65%.

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%
PAAVX	Class A Shares	0.80%
PAHJX	Class R3 Shares	0.95%

Top Holdings

Name	Symbol	Weight
Putnam Dynamic Asset Allocation Equity P	n/a	59.99%
Putnam Dynamic Asset Allocation Gr P	n/a	39.66%
Putnam Fds Tr	n/a	0.30%
Cash And Equivalents	n/a	0.06%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.1687	Dec 30, 2025
Dec 31, 2024	$0.617	Dec 31, 2024
Dec 29, 2023	$0.859	Dec 29, 2023
Dec 30, 2022	$0.598	Dec 30, 2022