Putnam Sustainable Retirement 2030 R6 (PREZX)
| Fund Assets | 418.18M |
| Expense Ratio | 0.50% |
| Min. Investment | $500 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 2.47% |
| Dividend Growth | -0.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 26.79 |
| YTD Return | 6.87% |
| 1-Year Return | 5.84% |
| 5-Year Return | 36.76% |
| 52-Week Low | 23.53 |
| 52-Week High | 26.79 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Sep 1, 2016 |
About PREZX
The Putnam Sustainable Retirement 2030 Fund Class R6 is a target-date mutual fund designed to help investors prepare for retirement with a projected milestone year of 2030. Its primary function is to balance capital appreciation and income generation, gradually shifting to a more conservative allocation as the target date approaches. The fund incorporates sustainable investment principles, investing in companies and sectors that demonstrate strong environmental, social, and governance (ESG) practices. By adjusting its exposure across equities, fixed income, and other asset classes over time, the fund aims to manage risk and support retirees’ income needs as they near and enter retirement. This class, known for its cost efficiency, is typically offered in retirement plans and is structured to compete favorably on fees compared to similar target-date funds. The Putnam Sustainable Retirement 2030 Fund Class R6 plays a significant role in the retirement planning landscape, integrating sustainability considerations with the automatic asset allocation adjustments that characterize target-date strategies.
Performance
PREZX had a total return of 5.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.89%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam ESG Core Bond ETF | PCRB | 49.75% |
| Putnam Sustainable Leaders ETF | PLDR | 19.52% |
| Putnam Sustainable Future ETF | PFUT | 9.87% |
| Putnam ESG Ultra Short ETF | PULT | 7.96% |
| Putnam ESG High Yield ETF | PHYD | 6.94% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 5.67% |
| Net Cash | n/a | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.660 | Dec 31, 2024 |
| Dec 29, 2023 | $0.663 | Dec 29, 2023 |
| Dec 30, 2022 | $2.318 | Dec 30, 2022 |
| Dec 31, 2021 | $2.187 | Dec 31, 2021 |
| Dec 31, 2020 | $0.399 | Dec 31, 2020 |
| Dec 31, 2019 | $0.972 | Dec 31, 2019 |