Putnam Retirement Advantage 2035 Fund Class R6 Shares (PCDLX)
| Fund Assets | 46.88M |
| Expense Ratio | 0.45% |
| Min. Investment | $500 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.12 |
| Dividend Yield | 9.87% |
| Dividend Growth | 58.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.33 |
| YTD Return | 1.52% |
| 1-Year Return | 12.33% |
| 5-Year Return | 48.38% |
| 52-Week Low | 9.01 |
| 52-Week High | 11.41 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | Dec 31, 2019 |
About PCDLX
Putnam Retirement Advantage 2035 Fund - Class R6 is a target-date mutual fund designed to help investors plan for retirement around the year 2035. Its primary function is to provide diversification across multiple asset classes by allocating its portfolio primarily among other Putnam mutual funds, known as underlying funds. This structure allows the fund to dynamically adjust its risk profile over time, reducing equity exposure and increasing fixed income as the target retirement date approaches. The fund is broadly diversified and seeks to balance growth potential in the early years with a gradual shift toward capital preservation as retirement nears. Its portfolio is managed to align with the investment needs and risk tolerance of individuals who expect to retire (or begin withdrawing assets) around 2035. Putnam Retirement Advantage 2035 Fund - Class R6 plays an important role in the retirement planning sector, particularly within employer-sponsored retirement plans, offering a convenient, professionally managed solution tailored to a specific retirement timeline.
Performance
PCDLX had a total return of 12.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.91%.
Top Holdings
99.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Balanced Fund, Class P | n/a | 89.16% |
| Putnam Short Term Investment Fund, Class P | n/a | 4.54% |
| Putnam Multi-Asset Income Fund | n/a | 3.29% |
| Putnam Dynamic Asset Allocation Conservative Fund, Class P | n/a | 2.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.1197 | Dec 30, 2025 |
| Dec 31, 2024 | $0.708 | Dec 31, 2024 |
| Dec 29, 2023 | $0.455 | Dec 29, 2023 |
| Dec 30, 2022 | $0.758 | Dec 30, 2022 |
| Dec 31, 2021 | $1.631 | Dec 31, 2021 |
| Dec 31, 2020 | $0.193 | Dec 31, 2020 |