Putnam Target Date Funds - Putnam Retirement Advantage 2070 Fund (PAJIX)
| Fund Assets | 1.33M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.84% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.12 |
| YTD Return | 2.49% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.93 |
| 52-Week High | 11.27 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PAJIX
Putnam Retirement Advantage 2070 Fund Class R is a target-date mutual fund designed for investors planning to retire around 2070. It aims to provide capital appreciation and current income through a dynamic “glide path” that gradually reduces equity exposure and increases fixed income as the target year approaches, seeking lower portfolio volatility over time. The fund allocates across underlying Putnam strategies, using a diversified mix of equities, bonds, and other assets to balance long-horizon growth needs with prudent risk management. Class R shares are intended for retirement plans and may be subject to plan-level fees and expense arrangements specific to this share class. Within the broader retirement marketplace, the fund serves as a turnkey, professionally managed solution that automates asset allocation and rebalancing, helping participants maintain an age-appropriate risk profile without ongoing intervention. Its role is to simplify retirement investing by aligning portfolio construction with the investor’s time horizon and evolving risk tolerance as retirement nears.