Putnam Target Date Funds - Putnam Retirement Advantage 2070 Fund (PAJFX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.40 |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 10.12 |
| 52-Week High | 10.46 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PAJFX
Putnam Retirement Advantage 2070 Fund Class A is a target-date mutual fund designed for individuals planning to retire around 2070. Its primary purpose is to provide a professionally managed, age-appropriate asset mix that seeks long-term growth early in an investor’s career and gradually shifts toward capital preservation as retirement approaches through a defined glide path. According to Putnam, target-date portfolios reduce risk over time by reallocating from equities toward less-volatile fixed income, aiming to balance return potential and downside sensitivity as the target year nears. The strategy is comprehensively managed within a diversified, multi-asset framework that incorporates equity, fixed income, and potentially other instruments to pursue the fund’s objective across market cycles. As with similar retirement-dated offerings, the fund is structured to align with participant timelines in employer-sponsored plans and individual accounts, helping streamline lifecycle investing while maintaining discipline in allocation changes without requiring investor intervention.