Franklin Retirement Advantage 2030 R6 (PDIZX)

Fund Assets	39.36M
Expense Ratio	0.46%
Min. Investment	$500
Turnover	33.00%
Dividend (ttm)	0.60
Dividend Yield	5.33%
Dividend Growth	28.09%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	11.25
YTD Return	3.69%
1-Year Return	5.72%
5-Year Return	30.91%
52-Week Low	10.66
52-Week High	11.73
Beta (5Y)	0.58
Holdings	4
Inception Date	Dec 31, 2019

About PDIZX

Putnam Retirement Advantage 2030 Fund Class R6 is a target-date mutual fund designed to help investors prepare for retirement around the year 2030. Its primary function is to provide a diversified investment portfolio that automatically evolves over time, shifting from a greater emphasis on capital appreciation in earlier years to a higher focus on income generation and capital preservation as the target date approaches. The fund achieves this by allocating assets among a variety of underlying Putnam mutual funds, which may include both equity and fixed-income investments, thus offering broad asset class diversification. This structure aims to help manage risk and optimize returns for investors as they near retirement. The fund is notable for its relatively low expense ratio compared to peers and features a glide path to adjust its risk profile in line with the changing needs of future retirees. It plays a crucial role for individuals and retirement plans seeking an all-in-one investment solution tailored to a specific retirement timeline, simplifying asset allocation decisions while aligning with a long-term retirement objective.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2030
• Performance Rating: Above Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: PDIZX
• Share Class: Class R6 Shares
• Index: S&P Target Date To 2030 TR

Performance

PDIZX had a total return of 5.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.17%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PDGKX	Class Y Shares	0.55%
PDLTX	Class A Shares	0.80%
PDKAX	Class R Shares	1.20%
PDLKX	Class C Shares	1.55%

Top Holdings

99.98% of assets

Name	Symbol	Weight
Putnam Dynamic Asset Allocation Conservative Fund, Class P	n/a	57.06%
Putnam Multi-Asset Income Fund	n/a	21.40%
Putnam Dynamic Asset Allocation Balanced Fund, Class P	n/a	15.72%
Putnam Short Term Investment Fund, Class P	n/a	5.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.8279	Dec 30, 2025
Dec 31, 2024	$0.512	Dec 31, 2024
Dec 29, 2023	$0.318	Dec 29, 2023
Dec 30, 2022	$0.680	Dec 30, 2022
Dec 31, 2021	$1.374	Dec 31, 2021
Dec 31, 2020	$0.141	Dec 31, 2020

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:

Oct 16, 2026

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