Franklin Retirement Advantage 2035 R6 (PCDLX)

Fund Assets	46.88M
Expense Ratio	0.45%
Min. Investment	$500
Turnover	34.00%
Dividend (ttm)	0.93
Dividend Yield	7.64%
Dividend Growth	40.85%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	12.13
YTD Return	8.32%
1-Year Return	13.73%
5-Year Return	46.33%
52-Week Low	10.87
52-Week High	12.39
Beta (5Y)	0.69
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2035
• Performance Rating: High
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: PCDLX
• Share Class: Class R6 Shares
• Index: S&P Target Date To 2035 TR

Performance

PCDLX had a total return of 13.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.86%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
POWYX	Class Y Shares	0.55%
PDFLX	Class A Shares	0.80%
PDAKX	Class R Shares	1.20%
PDAWX	Class C Shares	1.55%

Top Holdings

99.96% of assets

Name	Symbol	Weight
Putnam Dynamic Asset Allocation Balanced Fund, Class P	n/a	85.24%
Putnam Multi-Asset Income Fund	n/a	5.21%
Putnam Dynamic Asset Allocation Conservative Fund, Class P	n/a	4.89%
Putnam Short Term Investment Fund, Class P	n/a	4.61%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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