Putnam Retirement Advantage 2065 A (PCJZX)
Fund Assets | 3.16M |
Expense Ratio | 0.80% |
Min. Investment | $500 |
Turnover | 33.00% |
Dividend (ttm) | 0.70 |
Dividend Yield | 4.96% |
Dividend Growth | 18.81% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 31, 2024 |
Previous Close | 13.25 |
YTD Return | 8.70% |
1-Year Return | 13.55% |
5-Year Return | n/a |
52-Week Low | 10.63 |
52-Week High | 13.40 |
Beta (5Y) | 0.95 |
Holdings | 4 |
Inception Date | Dec 30, 2020 |
About PCJZX
Putnam Retirement Advantage 2065 Fund Class A is a target-date mutual fund designed to help investors prepare for retirement around the year 2065. The fund utilizes a diversified investment approach, automatically adjusting its asset allocation as the target date approaches. Early in the lifecycle, the portfolio emphasizes capital appreciation through a higher allocation to equities. As time progresses and the designated retirement year nears, the fund gradually shifts towards more conservative investments, focusing on income and capital preservation. This glide path aims to balance growth potential and risk management for individuals planning long-term retirement savings. The Putnam Retirement Advantage 2065 Fund serves as a comprehensive solution for retirement planning, appealing particularly to those seeking a professionally managed, all-in-one investment aligned with an anticipated retirement date.
Performance
PCJZX had a total return of 13.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.03%.
Top 10 Holdings
100.00% of assetsName | Symbol | Weight |
---|---|---|
Putnam Dynamic Asset Allocation Equity P | n/a | 78.13% |
Putnam Dynamic Asset Allocation Gr P | n/a | 21.32% |
Putnam Fds Tr | n/a | 0.47% |
Net Cash | n/a | 0.08% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 31, 2024 | $0.701 | Dec 31, 2024 |
Dec 29, 2023 | $0.590 | Dec 29, 2023 |
Dec 30, 2022 | $0.460 | Dec 30, 2022 |
Dec 31, 2021 | $0.673 | Dec 31, 2021 |