Putnam Retirement Advantage Maturity R (PAKYX)
| Fund Assets | 41.30M |
| Expense Ratio | 1.20% |
| Min. Investment | $500 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.28% |
| Dividend Growth | 19.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.15 |
| YTD Return | 4.15% |
| 1-Year Return | 10.60% |
| 5-Year Return | 18.53% |
| 52-Week Low | 10.53 |
| 52-Week High | 11.25 |
| Beta (5Y) | 0.45 |
| Holdings | 2 |
| Inception Date | Sep 1, 2020 |
About PAKYX
Putnam Retirement Advantage Maturity Fund Class R is a target-date mutual fund designed to support investors approaching or in retirement by emphasizing capital preservation and income generation around its maturity date. This fund follows a "glide path" investment strategy, gradually shifting its asset allocation from growth-oriented investments such as equities to more conservative holdings like bonds and money market instruments as the target maturity year draws near. The fund maintains exposure to both domestic and international equities, fixed income securities, and cash equivalents in proportions aligned with its risk management goals, with approximately 20.8% in domestic stocks and 16.5% in foreign equities as recent allocations. Its diversified approach aims to balance long-term growth and risk reduction, addressing the evolving needs of investors nearing retirement. The fund plays a significant role within retirement planning solutions, often utilized in employer-sponsored defined contribution plans, helping participants transition smoothly into their retirement years by managing risk and focusing on post-retirement income stability.
Performance
PAKYX had a total return of 10.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.21%.
Top Holdings
100.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Multi-Asset Income Fund | n/a | 94.36% |
| Putnam Short Term Investment Fund, Class P | n/a | 5.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.027 | Jun 30, 2026 |
| May 29, 2026 | $0.0302 | May 29, 2026 |
| Apr 30, 2026 | $0.0298 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0351 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0116 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0152 | Jan 30, 2026 |