Franklin Retirement Advantage Pl 2030 R6 (PREZX)

Fund Assets	439.43M
Expense Ratio	0.53%
Min. Investment	$500
Turnover	18.00%
Dividend (ttm)	0.59
Dividend Yield	2.13%
Dividend Growth	-10.77%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	27.75
YTD Return	4.13%
1-Year Return	7.56%
5-Year Return	28.29%
52-Week Low	25.74
52-Week High	27.79
Beta (5Y)	0.43
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2030
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: PREZX
• Index: S&P 500 TR

Performance

PREZX had a total return of 7.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.92%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTFEX	Fidelity	Fidelity Advisor Freedom 2030 M	1.11%
FIJNX	Fidelity	Fidelity Advisor Freedom 2030 Z	0.55%
FAFEX	Fidelity	Fidelity Advisor Freedom 2030 A	0.86%
FDGLX	Fidelity	Fidelity Advisor Freedom 2030 K6	0.35%
FFFEX	Fidelity	Fidelity Freedom 2030 Fund	0.61%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Cnsv P	n/a	36.47%
Franklin Multi-Asset Income P	n/a	26.80%
Franklin Dynamic Asset Allocation Bal P	n/a	22.44%
Putnam Fds Tr	n/a	6.36%
Franklin BSP Lending Fund	FBREX	3.91%
Clarion Partners Real Estate Inc I	CPREX	3.88%
Usd	n/a	0.15%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5889	Dec 30, 2025
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

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:

Aug 27, 2026

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