Putnam Retirement Advantage 2065 A (PCJZX)

Fund Assets	3.29M
Expense Ratio	0.80%
Min. Investment	$500
Turnover	33.00%
Dividend (ttm)	0.70
Dividend Yield	4.71%
Dividend Growth	18.81%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	14.05
YTD Return	15.09%
1-Year Return	18.60%
5-Year Return	n/a
52-Week Low	10.63
52-Week High	14.10
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2065+
• Stock Exchange: NASDAQ
• Ticker Symbol: PCJZX
• Share Class: Class A
• Index: S&P Target Date To 2065+ TR USD

Performance

PCJZX had a total return of 18.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.93%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PCKJX	Class R6	0.45%
PCKEX	Class Y	0.55%
PCKIX	Class R5	0.55%
PCKHX	Class R4	0.70%

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
Putnam Dynamic Asset Allocation Equity P	n/a	78.23%
Putnam Dynamic Asset Allocation Gr P	n/a	21.48%
Putnam Fds Tr	n/a	0.38%
Net Cash	n/a	-0.09%

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