Putnam Retirement Advantage 2065 R4 (PCKHX)

Fund Assets	3.16M
Expense Ratio	0.70%
Min. Investment	$500
Turnover	33.00%
Dividend (ttm)	0.71
Dividend Yield	5.27%
Dividend Growth	18.89%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	13.42
YTD Return	8.75%
1-Year Return	13.63%
5-Year Return	n/a
52-Week Low	10.67
52-Week High	13.45
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2065+
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PCKHX
• Share Class: Class R4
• Index: S&P Target Date To 2065+ TR USD

Performance

PCKHX had a total return of 13.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.14%.

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%
PCJZX	Class A	0.80%

Top 10 Holdings

100.00% of assets

Name	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	$0.705	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