Putnam Retirement Advantage 2065 R4 (PCKHX)
| Fund Assets | 3.29M |
| Expense Ratio | 0.70% |
| Min. Investment | $500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 5.00% |
| Dividend Growth | 18.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 14.11 |
| YTD Return | 15.21% |
| 1-Year Return | 18.74% |
| 5-Year Return | n/a |
| 52-Week Low | 10.67 |
| 52-Week High | 14.16 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | Dec 30, 2020 |
About PCKHX
Putnam Retirement Advantage 2065 Fund Class R4 is a target-date mutual fund structured primarily for investors planning to retire around the year 2065. The fund’s core purpose is to provide a diversified investment solution that automatically adjusts its asset allocation over time, gradually transitioning from a higher concentration in growth-oriented assets such as equities to more conservative holdings like bonds and cash equivalents as the target retirement date approaches. By investing in a range of underlying Putnam mutual funds, it delivers broad exposure across global equity and fixed income markets, aiming to align risk and return with an investor’s evolving retirement timeline. The fund’s role in the financial market centers on simplifying long-term retirement planning, offering a “set-it-and-forget-it” approach for individuals and institutional retirement plans seeking automatic rebalancing and professional management leading up to and through retirement.
Performance
PCKHX had a total return of 18.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.05%.
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 | $0.705 | Dec 31, 2024 |
| Dec 29, 2023 | $0.593 | Dec 29, 2023 |
| Dec 30, 2022 | $0.471 | Dec 30, 2022 |
| Dec 31, 2021 | $0.667 | Dec 31, 2021 |