Putnam Sustainable Retirement 2065 R5 (PCJIX)

Fund Assets	957.62K
Expense Ratio	0.60%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.48
Dividend Yield	3.58%
Dividend Growth	214.47%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	13.30
YTD Return	8.50%
1-Year Return	8.22%
5-Year Return	n/a
52-Week Low	10.39
52-Week High	13.46
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2065+
• Stock Exchange: NASDAQ
• Ticker Symbol: PCJIX
• Share Class: Class R5
• Index: S&P 500 TR

Performance

PCJIX had a total return of 8.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.

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 K	0.65%
FDFQX	Fidelity	Fidelity Advisor Freedom 2065 Z	0.65%
FDFYX	Fidelity	Fidelity Advisor Freedom 2065 C	1.76%
FDFRX	Fidelity	Fidelity Advisor Freedom 2065 K6	0.46%
FDFZX	Fidelity	Fidelity Advisor Freedom 2065 A	1.01%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PCJYX	Class R6	0.50%
PCJSX	Class Y	0.60%
PCJWX	Class R4	0.75%
PCJQX	Class A	0.85%

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
Putnam Sustainable Leaders ETF	PLDR	47.80%
Putnam Sustainable Future ETF	PFUT	24.12%
Putnam PanAgora ESG International Equity ETF	PPIE	17.15%
Putnam PanAgora ESG Emerging Markets Equity ETF	PPEM	5.80%
Putnam ESG Core Bond ETF	PCRB	2.64%
Putnam ESG High Yield ETF	PHYD	1.08%
Net Cash	n/a	0.73%
Putnam ESG Ultra Short ETF	PULT	0.69%

Dividend History

Ex-Dividend	Amount	Pay Date
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