Putnam Target Date Funds - Putnam Sustainable Retirement 2070 Fund (PAJUX)
| Fund Assets | 1.11M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 1.30% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 10.57 |
| YTD Return | -0.38% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.93 |
| 52-Week High | 10.83 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PAJUX
Putnam Sustainable Retirement 2070 Fund Class R4 is a target-date mutual fund designed for individuals planning to retire around the year 2070. The fund’s primary function is to provide long-term capital appreciation in its early years, gradually shifting toward generating current income as the target retirement date approaches. Notably, it invests primarily through underlying funds that, collectively, ensure at least 80% of its net assets reflect each underlying fund’s sustainability or ESG (Environmental, Social, and Governance) criteria. This approach allows investors to align their retirement planning with responsible investment principles. The fund employs a unique glide path strategy, managing the balance between growth and preservation of capital to adapt risk exposure over time, which is especially pertinent for retirement savers at different stages of their investment journey. Putnam Sustainable Retirement 2070 Fund Class R4 plays a significant role for investors seeking a hands-off, diversified portfolio that integrates sustainability considerations throughout the accumulation and decumulation phases of retirement planning.