Franklin Retirement Advantage 2070 R5 (PAJLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

12.12

-0.12 (-0.98%)

At close: Oct 16, 2026

Fund Assets	1.33M
Expense Ratio	0.57%
Min. Investment	$0.00
Turnover	n/a
Dividend (ttm)	0.23
Dividend Yield	1.90%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	12.24
YTD Return	n/a
1-Year Return	n/a
5-Year Return	n/a
52-Week Low	10.39
52-Week High	12.46
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About PAJLX

Putnam Retirement Advantage 2070 Fund Class R5 is a target-date mutual fund designed for investors planning to retire around 2070. The fund’s primary purpose is to offer a diversified, age-appropriate portfolio that automatically adjusts its asset mix over time through a defined glide path, emphasizing growth in earlier years and progressively increasing exposure to bonds and other less volatile assets as the target date approaches. It invests across Putnam-managed underlying funds spanning global equities, fixed income, and complementary asset classes to balance long-term capital appreciation with prudent risk management. The strategy is intended to reduce portfolio volatility as retirement nears, reflecting the firm’s approach to measuring and managing risk via standard deviation and a systematically de-risking allocation. Class R5 shares are structured for retirement plans, featuring an institutionally oriented expense framework supported by an expense limitation agreement specific to this share class. Within the retirement solutions market, this fund serves as a turnkey, lifecycle option for plan sponsors and participants seeking a professionally managed path from accumulation to preservation aligned with a 2070 horizon.

Fund Family Franklin Templeton Investments

Category Target-Date 2065+

Stock Exchange Nasdaq

Ticker Symbol PAJLX

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.2304	Dec 30, 2025

Full Dividend History