Putnam Sustainable Retirement 2065 A (PCJQX)

Fund Assets	957.62K
Expense Ratio	0.85%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.45
Dividend Yield	3.22%
Dividend Growth	243.18%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	13.07
YTD Return	8.45%
1-Year Return	8.13%
5-Year Return	n/a
52-Week Low	10.34
52-Week High	13.37
Beta (5Y)	n/a
Holdings	8
Inception Date	Jan 4, 2021

About PCJQX

Putnam Sustainable Retirement 2065 Fund Class A is an open-end mutual fund structured as a target-date fund, primarily designed for individuals who anticipate retiring around the year 2065. The fund’s strategy is to provide diversified exposure across multiple asset classes by investing in a selection of underlying funds, with a distinct focus on sustainability and environmental, social, and governance (ESG) characteristics. These underlying investments mainly include exchange-traded funds (ETFs) managed by Franklin Advisers, Inc. and affiliated managers, reflecting an integrated ESG approach in its asset allocation. The fund’s glide path adjusts its allocation over time: it starts with a higher weighting in growth-oriented assets such as equities and gradually transitions toward more conservative, income-generating investments as the target retirement date draws nearer. This allows the fund to balance long-term capital appreciation with risk management suited to individuals’ evolving needs as they age. The Putnam Sustainable Retirement 2065 Fund Class A plays a significant role in the retirement planning landscape by offering a managed, sustainable, and adaptable investment solution aligned with long-term financial goals for future retirees.

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

Performance

PCJQX had a total return of 8.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.37%.

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%
PCJIX	Class R5	0.60%
PCJSX	Class Y	0.60%
PCJWX	Class R4	0.75%

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	$0.453	Dec 31, 2024
Dec 29, 2023	$0.132	Dec 29, 2023
Dec 30, 2022	$0.428	Dec 30, 2022
Dec 31, 2021	$0.633	Dec 31, 2021