Franklin Retirement Advantage 2065 R4 (PCKHX)

Fund Assets	3.53M
Expense Ratio	0.70%
Min. Investment	$500
Turnover	33.00%
Dividend (ttm)	0.99
Dividend Yield	6.41%
Dividend Growth	40.68%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	15.61
YTD Return	13.87%
1-Year Return	21.35%
5-Year Return	75.46%
52-Week Low	13.08
52-Week High	15.74
Beta (5Y)	n/a
Holdings	5
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: 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 21.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.34%.

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%
PCKEX	Class Y	0.55%
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	$0.9918	Dec 30, 2025
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

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 27, 2026

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