Putnam Sustainable Retirement 2065 R4 (PCJWX)

Fund Assets	957.62K
Expense Ratio	0.75%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.46
Dividend Yield	3.43%
Dividend Growth	231.88%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	13.14
YTD Return	8.99%
1-Year Return	8.71%
5-Year Return	n/a
52-Week Low	10.39
52-Week High	13.44
Beta (5Y)	n/a
Holdings	8
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2065+
• Stock Exchange: NASDAQ
• Ticker Symbol: PCJWX
• Share Class: Class R4
• Index: S&P 500 TR

Performance

PCJWX had a total return of 8.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.57%.

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 Z	0.65%
FDFYX	Fidelity	Fidelity Advisor Freedom 2065 Fund - Class 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%
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	$0.458	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