Putnam Retirement Advantage Plus 2035 Fund Class R6 (PREGX)
| Fund Assets | 376.22M |
| Expense Ratio | 0.50% |
| Min. Investment | $500 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 1.96% |
| Dividend Growth | -1.10% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 29.79 |
| YTD Return | -2.90% |
| 1-Year Return | 9.15% |
| 5-Year Return | 32.72% |
| 52-Week Low | 25.73 |
| 52-Week High | 31.53 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 1, 2016 |
About PREGX
Putnam Sustainable Retirement 2035 Fund Class R6 is a target-date mutual fund designed to help investors plan for retirement aligned with the year 2035. Its primary function is to provide a diversified investment approach that aims for long-term capital appreciation and current income, with asset allocation gradually shifting from higher-risk investments to more conservative holdings as the target retirement date approaches. The fund invests its assets across various underlying funds, incorporating both equity and fixed-income securities to balance growth and risk as participants near retirement. A distinctive feature of this fund is its integration of sustainability considerations, seeking investments that account for environmental, social, and governance (ESG) criteria alongside traditional financial analysis. The fund’s evolving allocation model makes it especially relevant for individuals or plan sponsors who wish to streamline retirement investing with a glide path that helps manage risk over time. Its role in the financial market is to offer a convenient, professionally managed solution for retirement planning, often as part of defined contribution plans such as 401(k)s, while supporting sustainable investment practices.
Performance
PREGX had a total return of 9.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.76%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Bal P | n/a | 77.98% |
| Putnam Dynamic Asset Allocation Gr P | n/a | 7.97% |
| Putnam Fds Tr | n/a | 4.62% |
| Franklin BSP Lending Fund | FBREX | 3.92% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 3.91% |
| Cash And Equivalents | n/a | 1.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5825 | Dec 30, 2025 |
| Dec 31, 2024 | $0.589 | Dec 31, 2024 |
| Dec 29, 2023 | $0.572 | Dec 29, 2023 |
| Dec 30, 2022 | $2.473 | Dec 30, 2022 |
| Dec 31, 2021 | $2.785 | Dec 31, 2021 |
| Dec 31, 2020 | $0.294 | Dec 31, 2020 |