Putnam Retirement Advantage 2065 R6 (PCKJX)
| Fund Assets | 3.16M |
| Expense Ratio | 0.45% |
| Min. Investment | $500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 5.53% |
| Dividend Growth | 20.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 13.41 |
| YTD Return | 8.99% |
| 1-Year Return | 14.01% |
| 5-Year Return | n/a |
| 52-Week Low | 10.68 |
| 52-Week High | 13.50 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | Dec 30, 2020 |
About PCKJX
Putnam Retirement Advantage 2065 Fund Class R6 is a target-date mutual fund designed for individuals planning to retire around the year 2065. Its primary function is to provide investors with a diversified portfolio that aims to maximize returns while maintaining a risk profile appropriate for long-term retirement planning. The fund achieves diversification by allocating its assets among a range of other underlying Putnam mutual funds, offering exposure to various asset classes including equities and fixed income instruments. Over time, the fund gradually shifts its emphasis from capital appreciation to generating current income, adjusting its asset allocation as the retirement date approaches to help reduce risk. The Class R6 shares are typically used in retirement plans and offer institutional pricing. Launched in 2020, this fund plays a significant role in helping investors accumulate assets throughout their careers with the goal of providing income during retirement.
Performance
PCKJX had a total return of 14.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.43%.
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 | $0.742 | Dec 31, 2024 |
| Dec 29, 2023 | $0.614 | Dec 29, 2023 |
| Dec 30, 2022 | $0.486 | Dec 30, 2022 |