Putnam Sustainable Retirement 2065 R3 (PCJVX)
| Fund Assets | 1.05M |
| Expense Ratio | 1.00% |
| Min. Investment | $500 |
| Turnover | 37.00% |
| Dividend (ttm) | 1.29 |
| Dividend Yield | 10.25% |
| Dividend Growth | 201.36% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 12.58 |
| YTD Return | -0.24% |
| 1-Year Return | 8.00% |
| 5-Year Return | 50.22% |
| 52-Week Low | 9.42 |
| 52-Week High | 12.88 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Jan 4, 2021 |
About PCJVX
Putnam Sustainable Retirement 2065 Fund Class R3 is a target-date mutual fund tailored for individuals planning to retire around the year 2065. Its primary function is to provide a diversified investment solution that balances capital appreciation and income, adjusting its asset allocation over time to become more conservative as the target retirement date approaches. The fund adopts a Growth & Income strategy, initially focusing on long-term growth opportunities and gradually increasing emphasis on income generation as participants near retirement age. Notably, this fund integrates sustainability factors into its investment process, aiming to support companies and issuers with responsible environmental, social, and governance practices. It typically holds a combination of equities and fixed-income securities, adjusting exposure based on the timeline to retirement. With a minimum investment of $500, the fund is accessible for long-term retirement savers seeking both growth and responsible investing principles. Its annual dividend payout and competitive yield further support investors' income needs without sacrificing growth potential. The fund plays a vital role in facilitating retirement planning by offering a professionally managed, adaptable portfolio for those seeking to align their investment strategies with both retirement and sustainability goals.
Performance
PCJVX had a total return of 8.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.96%.
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 | $1.2898 | Dec 30, 2025 |
| Dec 31, 2024 | $0.428 | Dec 31, 2024 |
| Dec 29, 2023 | $0.113 | Dec 29, 2023 |
| Dec 30, 2022 | $0.395 | Dec 30, 2022 |
| Dec 31, 2021 | $0.603 | Dec 31, 2021 |