Putnam Retirement Advantage 2065 R5 (PCKIX)
| Fund Assets | 3.29M |
| Expense Ratio | 0.55% |
| Min. Investment | $500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 5.15% |
| Dividend Growth | 20.73% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 14.14 |
| YTD Return | 15.35% |
| 1-Year Return | 19.00% |
| 5-Year Return | n/a |
| 52-Week Low | 10.69 |
| 52-Week High | 14.20 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | Dec 30, 2020 |
About PCKIX
Putnam Retirement Advantage 2065 Fund Class R5 is a target-date mutual fund designed to help investors plan for retirement around the year 2065. The fund's primary purpose is to provide a diversified investment solution that automatically adjusts its asset allocation over time, shifting from a focus on capital appreciation in its early years to an increasing emphasis on current income as the target retirement date approaches. This gradual adjustment, known as a glide path, aims to balance growth and risk management based on the evolving needs of investors throughout their retirement planning journey. The fund achieves diversification by investing mainly in a mix of other Putnam mutual funds, covering equities and fixed-income assets, and is managed with quarterly rebalancing in line with its strategy. It is suitable for individuals or plan participants seeking a professionally managed, long-term investment solution tailored to retirement objectives. Established in December 2020, the fund is part of Putnam’s broader RetirementReady series and reflects current trends in lifecycle investing, providing exposure across multiple asset classes while adapting to investors’ time horizons.
Performance
PCKIX had a total return of 19.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.22%.
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 | $0.728 | Dec 31, 2024 |
| Dec 29, 2023 | $0.603 | Dec 29, 2023 |
| Dec 30, 2022 | $0.476 | Dec 30, 2022 |
| Dec 31, 2021 | $0.684 | Dec 31, 2021 |