Putnam Sustainable Retirement 2065 R5 (PCJIX)
| Fund Assets | 1.05M |
| Expense Ratio | 0.60% |
| Min. Investment | $500 |
| Turnover | 37.00% |
| Dividend (ttm) | 1.30 |
| Dividend Yield | 10.30% |
| Dividend Growth | 172.28% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 12.64 |
| YTD Return | -0.24% |
| 1-Year Return | 8.31% |
| 5-Year Return | 53.06% |
| 52-Week Low | 9.43 |
| 52-Week High | 12.93 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Jan 4, 2021 |
About PCJIX
Putnam Sustainable Retirement 2065 Fund Class R5 is a target-date mutual fund structured to help investors prepare for retirement around the year 2065. The fund’s primary objective is to seek long-term capital appreciation and current income, with its investment approach dynamically shifting over time. Early in the cycle, the portfolio emphasizes capital growth via exposure to equities and other growth-oriented assets. As the target retirement year approaches, the fund progressively increases its allocation to income-generating and lower-volatility investments, aiming to reduce risk and deliver more stable returns for investors nearing or in retirement. A distinguishing feature of this fund is its commitment to sustainable investing principles, which guide the selection of portfolio holdings. The fund actively integrates environmental, social, and governance (ESG) factors into its investment process, aligning its objectives with broader sustainability goals. This approach offers investors exposure to companies and securities that aim to meet certain ESG criteria while pursuing competitive financial outcomes. Putnam Sustainable Retirement 2065 Fund Class R5 serves as a comprehensive, professionally managed retirement solution for individuals seeking both long-term growth and responsible investment practices.
Performance
PCJIX had a total return of 8.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFSDX | Fidelity | Fidelity Freedom 2065 Fund - Class K | 0.65% |
| FDFQX | Fidelity | Fidelity Advisor Freedom 2065 Fund - Class Z | 0.65% |
| FDFYX | Fidelity | Fidelity Advisor Freedom 2065 Fund - Class C | 1.76% |
| FDFRX | Fidelity | Fidelity Advisor Freedom 2065 Fund - Class K6 | 0.46% |
| FDFZX | Fidelity | Fidelity Advisor Freedom 2065 Fund - Class A | 1.01% |
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Sustainable Leaders ETF | PLDR | 49.77% |
| Putnam Sustainable Future ETF | PFUT | 23.16% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 17.03% |
| Putnam PanAgora ESG Emerging Markets Equity ETF | PPEM | 5.63% |
| Putnam ESG Core Bond ETF | PCRB | 2.28% |
| Putnam ESG High Yield ETF | PHYD | 1.10% |
| Putnam ESG Ultra Short ETF | PULT | 0.81% |
| Cash And Equivalents | n/a | 0.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.3015 | Dec 30, 2025 |
| Dec 31, 2024 | $0.478 | Dec 31, 2024 |
| Dec 29, 2023 | $0.152 | Dec 29, 2023 |
| Dec 30, 2022 | $0.434 | Dec 30, 2022 |
| Dec 31, 2021 | $0.647 | Dec 31, 2021 |