Putnam Retirement Advantage Plus Maturity Class A (PRMAX)
| Fund Assets | 640.34M |
| Expense Ratio | 0.85% |
| Min. Investment | $500 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 3.31% |
| Dividend Growth | 7.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 17.28 |
| YTD Return | 2.18% |
| 1-Year Return | 6.63% |
| 5-Year Return | 20.48% |
| 52-Week Low | 16.58 |
| 52-Week High | 17.39 |
| Beta (5Y) | 0.20 |
| Holdings | 6 |
| Inception Date | Nov 1, 2004 |
About PRMAX
Putnam Sustainable Retirement Maturity Fund Class A is an open-end mutual fund designed primarily to support retirement planning with a focus on sustainable investing principles. The fund seeks capital preservation and moderate appreciation by maintaining a diversified portfolio that includes both debt and equity securities, with an emphasis on companies and issuers demonstrating strong environmental, social, and governance (ESG) practices. Its investment approach aims to align long-term financial goals—such as providing income or growth near or at retirement—with broader sustainability objectives. The fund's portfolio typically reflects sector allocations that balance risk and return, including notable exposure to utilities and other stability-oriented sectors. With an emphasis on managing downside risk and promoting responsible corporate behavior, this fund serves investors who are interested in integrating sustainability into their retirement portfolios while maintaining a disciplined approach to capital management. By contributing to both personal financial security and sustainable growth, the fund has positioned itself as a notable option in the evolving landscape of retirement-focused investments.
Performance
PRMAX had a total return of 6.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.01%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Multi-Asset Income P | n/a | 79.73% |
| Putnam Dynamic Asset Allocation Bal P | n/a | 6.86% |
| Putnam Fds Tr | n/a | 5.87% |
| Franklin BSP Lending Fund | FBREX | 3.95% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 3.91% |
| Cash And Equivalents | n/a | -0.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0427 | Jun 30, 2026 |
| May 29, 2026 | $0.053 | May 29, 2026 |
| Apr 30, 2026 | $0.0533 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0491 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0327 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0383 | Jan 30, 2026 |