Putnam Target Date Funds - Putnam Sustainable Retirement 2070 Fund (PAJTX)
| Fund Assets | 1.11M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.83% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 10.61 |
| YTD Return | -0.28% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.98 |
| 52-Week High | 10.87 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PAJTX
Putnam Sustainable Retirement 2070 Fund Class R3 is a target-date mutual fund designed for investors planning to retire around the year 2070. Its primary purpose is to balance capital appreciation and current income, with the investment strategy gradually shifting from a higher emphasis on growth to a greater focus on income as the retirement date approaches. This approach aims to provide long-term growth in the early years through equity investments, later transitioning to more conservative assets to help preserve capital and deliver income in retirement. The fund is notable for its commitment to sustainability, investing at least 80% of its net assets in underlying funds that meet specific environmental, social, and governance (ESG) criteria. It serves a diverse investor base, from individuals participating in retirement plans to institutional clients looking for long-term, responsible investment solutions. The fund plays a vital role in helping participants prepare for retirement while promoting sustainable investing practices across sectors and industries.