Putnam Sustainable Retirement 2065 Y (PCJSX)

Fund Assets	957.62K
Expense Ratio	0.60%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.48
Dividend Yield	3.57%
Dividend Growth	215.89%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	13.15
YTD Return	9.15%
1-Year Return	8.95%
5-Year Return	n/a
52-Week Low	10.39
52-Week High	13.45
Beta (5Y)	n/a
Holdings	8
Inception Date	Jan 4, 2021

About PCJSX

Putnam Sustainable Retirement 2065 Fund Class Y is an actively managed target-date mutual fund structured for investors anticipating retirement around the year 2065. Its primary purpose is to provide a blend of capital appreciation and income, shifting its focus over the long term: currently emphasizing growth-oriented assets, but gradually increasing allocation to income-generating holdings as the target date approaches. The fund employs a dynamic asset allocation strategy, seeking diversification across various asset classes by investing in underlying funds. This approach aims to balance risk and return to align with the evolving needs of retirement savers over multiple decades. Notable features include an annual dividend, a minimum initial investment of $500, and a 0.60% expense ratio. The fund is part of the sustainable investment category, reflecting a focus on responsible and forward-looking investment principles. Launched in 2021 under Franklin Templeton Investments, the fund is designed to serve individuals who desire a set-it-and-forget-it retirement savings solution that adjusts its risk profile as their retirement date nears.

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

Performance

PCJSX had a total return of 8.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.75%.

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%
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	$0.477	Dec 31, 2024
Dec 29, 2023	$0.151	Dec 29, 2023
Dec 30, 2022	$0.436	Dec 30, 2022
Dec 31, 2021	$0.647	Dec 31, 2021