Putnam Retirement Advantage 2035 C (PDAWX)
| Fund Assets | 46.88M |
| Expense Ratio | 1.55% |
| Min. Investment | $500 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 3.97% |
| Dividend Growth | -29.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.71 |
| YTD Return | 1.56% |
| 1-Year Return | 11.32% |
| 5-Year Return | 40.63% |
| 52-Week Low | 9.38 |
| 52-Week High | 11.78 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | Sep 1, 2020 |
About PDAWX
Putnam Retirement Advantage 2035 Fund Class C is a target-date mutual fund designed to help investors plan for retirement around the year 2035. Its primary function is to provide a professionally managed, age-appropriate mix of growth and income investments, which are dynamically adjusted over time. The fund initially emphasizes capital appreciation with a higher allocation to equities and gradually shifts toward more conservative, income-generating assets such as bonds as the target retirement date approaches. This gradual approach, known as a "glide path," aims to balance the need for growth when investors are younger with preservation of capital and income as retirement nears. Putnam Retirement Advantage 2035 Fund Class C incorporates multiple asset classes and sectors, promoting diversification to manage risk. It plays a significant role in retirement planning by automating asset allocation and rebalancing, making it a suitable solution for individuals seeking a hands-off approach to retirement investing while adapting to changing time horizons and risk profiles.
Performance
PDAWX had a total return of 11.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.57%.
Top Holdings
99.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Balanced Fund, Class P | n/a | 89.16% |
| Putnam Short Term Investment Fund, Class P | n/a | 4.54% |
| Putnam Multi-Asset Income Fund | n/a | 3.29% |
| Putnam Dynamic Asset Allocation Conservative Fund, Class P | n/a | 2.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.4655 | Dec 30, 2025 |
| Dec 31, 2024 | $0.657 | Dec 31, 2024 |
| Dec 29, 2023 | $0.349 | Dec 29, 2023 |
| Dec 30, 2022 | $0.693 | Dec 30, 2022 |
| Dec 31, 2021 | $1.498 | Dec 31, 2021 |
| Dec 31, 2020 | $0.154 | Dec 31, 2020 |