Putnam Retirement Advantage 2065 C (PCKBX)
| Fund Assets | 3.29M |
| Expense Ratio | 1.55% |
| Min. Investment | $500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 4.58% |
| Dividend Growth | 15.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 13.82 |
| YTD Return | 14.52% |
| 1-Year Return | 17.70% |
| 5-Year Return | n/a |
| 52-Week Low | 10.49 |
| 52-Week High | 13.88 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | Dec 30, 2020 |
About PCKBX
The Putnam Retirement Advantage 2065 Fund Class C is a target-date mutual fund designed to help investors save for retirement with an anticipated retirement date of 2065. As an allocation fund, it actively manages a diversified portfolio that shifts its asset allocation over time, gradually increasing exposure to more conservative investments as the target retirement year approaches. This strategy aims to balance growth potential during early investing years with capital preservation later on. Managed by Putnam Investments, the fund incorporates a mix of equity, fixed income, and possibly alternative assets, making it suitable for long-term retirement planning. The fund is particularly relevant for individuals who expect to retire around 2065, offering a professionally managed, "set-it-and-forget-it" approach that automatically adjusts to an investor’s evolving risk tolerance as they age. Launched in 2020, it reflects modern retirement planning trends by providing exposure across sectors and global markets and plays a significant role in facilitating retirement readiness for younger investors.
Performance
PCKBX had a total return of 17.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.09%.
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 | $0.632 | Dec 31, 2024 |
| Dec 29, 2023 | $0.549 | Dec 29, 2023 |
| Dec 30, 2022 | $0.436 | Dec 30, 2022 |
| Dec 31, 2021 | $0.571 | Dec 31, 2021 |