Putnam Retirement Advantage 2035 A (PDFLX)
| Fund Assets | 46.88M |
| Expense Ratio | 0.80% |
| Min. Investment | $500 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 9.06% |
| Dividend Growth | 58.36% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.97 |
| YTD Return | 1.61% |
| 1-Year Return | 18.28% |
| 5-Year Return | 54.04% |
| 52-Week Low | 9.03 |
| 52-Week High | 12.03 |
| Beta (5Y) | 0.72 |
| Holdings | 4 |
| Inception Date | Sep 1, 2020 |
About PDFLX
Putnam Retirement Advantage 2035 Fund Class A is a target-date mutual fund designed to help investors prepare for retirement with an anticipated retirement year of 2035. The fund automatically adjusts its asset allocation over time, typically shifting from a higher concentration in equities toward a more balanced mix of stocks and bonds as the target year approaches. Its primary objective is to provide a diversified investment solution that evolves as investors move closer to retirement, aiming to balance growth potential with risk management. The fund invests predominantly through other Putnam funds, notably the Putnam Dynamic Asset Allocation Balanced and Growth portfolios, which collectively represent the majority of the holdings. This structure enables broad diversification across asset classes and global markets, supporting the fund’s long-term investment horizon. With features like regular rebalancing, a built-in glide path, and a moderate yield, it serves individuals, employer-sponsored plans, and retirement savers seeking an all-in-one retirement solution. The fund’s role in the financial market is to simplify retirement planning by offering a professionally managed portfolio that is tailored to a specific retirement date, providing gradual risk reduction as retirement nears.
Performance
PDFLX had a total return of 18.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.15%.
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 | $1.0848 | Dec 30, 2025 |
| Dec 31, 2024 | $0.685 | Dec 31, 2024 |
| Dec 29, 2023 | $0.431 | Dec 29, 2023 |
| Dec 30, 2022 | $0.731 | Dec 30, 2022 |
| Dec 31, 2021 | $1.601 | Dec 31, 2021 |
| Dec 31, 2020 | $0.184 | Dec 31, 2020 |