Putnam Retirement Advantage Plus 2065 R4 (PCJWX)
| Fund Assets | 1.05M |
| Expense Ratio | 0.75% |
| Min. Investment | $500 |
| Turnover | 37.00% |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 10.53% |
| Dividend Growth | 179.28% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 12.15 |
| YTD Return | -4.18% |
| 1-Year Return | 13.97% |
| 5-Year Return | 46.41% |
| 52-Week Low | 10.39 |
| 52-Week High | 14.13 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Jan 4, 2021 |
About PCJWX
Putnam Sustainable Retirement 2065 Fund - Class R4 is an open-end mutual fund designed as a target-date retirement solution. Its primary function is to help investors prepare for retirement around the year 2065 by providing a diversified investment vehicle that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes capital appreciation through a higher proportion of growth-oriented assets. As the target retirement date approaches, the mix gradually shifts toward income-generating and more conservative investments, aiming to reduce risk while seeking current income. The fund incorporates sustainability considerations in its selection process, aligning investment choices with environmental, social, and governance (ESG) criteria. By focusing on both growth and income, the fund supports long-term retirement planning for individuals who intend to retire around 2065, serving a key role in the market as a one-stop, lifecycle investment product tailored for future retirees.
Performance
PCJWX had a total return of 13.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.43%.
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 Dynamic Asset Allocation Equity P | n/a | 80.98% |
| Putnam Dynamic Asset Allocation Gr P | n/a | 10.83% |
| Cash And Equivalents | n/a | 5.84% |
| Franklin BSP Lending Fund | FBREX | 0.94% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 0.94% |
| Putnam Fds Tr | n/a | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.2791 | Dec 30, 2025 |
| Dec 31, 2024 | $0.458 | Dec 31, 2024 |
| Dec 29, 2023 | $0.138 | Dec 29, 2023 |
| Dec 30, 2022 | $0.420 | Dec 30, 2022 |
| Dec 31, 2021 | $0.630 | Dec 31, 2021 |