Putnam Sustainable Retirement 2065 R6 (PCJYX)

Fund Assets	957.62K
Expense Ratio	0.50%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.49
Dividend Yield	3.65%
Dividend Growth	199.39%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	13.16
YTD Return	9.23%
1-Year Return	9.05%
5-Year Return	n/a
52-Week Low	10.39
52-Week High	13.47
Beta (5Y)	n/a
Holdings	8
Inception Date	Jan 4, 2021

About PCJYX

Putnam Sustainable Retirement 2065 Fund Class R6 is a target-date mutual fund designed for individuals planning to retire around the year 2065. Its primary purpose is to provide long-term capital appreciation and income, employing a dynamic asset allocation strategy that shifts over time: early on, it emphasizes growth through equity exposure, and as the target retirement date approaches, the focus gradually transitions to generating current income and preserving capital. This approach aims to balance risk and return based on the evolving needs of investors as they move closer to retirement. The fund achieves diversification by investing in a blend of underlying funds across various asset classes, offering investors broad exposure and helping to manage portfolio risk. Sustainability is also integrated into the investment process, reflecting a focus on responsible investing practices. Managed by Franklin Templeton Investments, the fund is actively overseen to align with its objectives, and is tailored for those seeking a professionally managed, all-in-one retirement solution. Its annual payout, modest expense ratio, and relatively low minimum investment make it accessible for long-term retirement planning.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2065+
• Stock Exchange: NASDAQ
• Ticker Symbol: PCJYX
• Share Class: Class R6
• Index: S&P 500 TR

Performance

PCJYX had a total return of 9.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.86%.

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
PCJIX	Class R5	0.60%
PCJSX	Class Y	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	$0.488	Dec 31, 2024
Dec 29, 2023	$0.163	Dec 29, 2023
Dec 30, 2022	$0.445	Dec 30, 2022
Dec 31, 2021	$0.659	Dec 31, 2021