Franklin Retirement Advantage 2065 Y (PCKEX)

Fund Assets	3.53M
Expense Ratio	0.55%
Min. Investment	$0.00
Turnover	33.00%
Dividend (ttm)	0.31
Dividend Yield	1.99%
Dividend Growth	-32.97%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	15.64
YTD Return	13.99%
1-Year Return	21.53%
5-Year Return	76.76%
52-Week Low	13.10
52-Week High	15.78
Beta (5Y)	n/a
Holdings	5
Inception Date	n/a

About PCKEX

Putnam Retirement Advantage 2065 Fund Class Y is a target-date mutual fund designed to help investors save for retirement, with the 2065 date indicating the expected year investors will begin withdrawing assets. The fund aims to achieve capital appreciation and current income through a dynamic asset allocation strategy that gradually shifts over time. Early in its lifecycle, the fund emphasizes growth by investing heavily in equities, and as it approaches the target retirement date, its allocation transitions toward more conservative assets such as bonds and cash equivalents to reduce risk and provide income. This approach, known as a glide path, aligns the investment strategy with the changing risk tolerance of investors as they near retirement. The fund achieves broad diversification by investing in a variety of underlying Putnam mutual funds, providing exposure across multiple asset classes. It is often utilized within defined contribution plans, such as 401(k)s and corporate IRAs, offering a hands-off solution for retirement planning.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2065+
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PCKEX
• Share Class: Class Y

Performance

PCKEX had a total return of 21.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.50%.

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%
PCKIX	Class R5	0.55%
PCKHX	Class R4	0.70%
PCJZX	Class A	0.80%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Eq P	n/a	76.30%
Franklin Dynamic Asset Allocation Gr P	n/a	23.43%
Putnam Fds Tr	n/a	0.49%
Usd	n/a	0.00%
Usd	n/a	-0.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.0093	Dec 30, 2025
Dec 31, 2024	$0.728	Dec 31, 2024
Dec 29, 2023	$0.603	Dec 29, 2023
Dec 30, 2022	$0.476	Dec 30, 2022
Dec 31, 2021	$0.687	Dec 31, 2021

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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