Putnam Sustainable Retirement Maturity Class R (PRMKX)
| Fund Assets | 223.95M |
| Expense Ratio | 1.25% |
| Min. Investment | $500 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 2.67% |
| Dividend Growth | -9.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 16.77 |
| YTD Return | 3.55% |
| 1-Year Return | 3.94% |
| 5-Year Return | 14.31% |
| 52-Week Low | 15.56 |
| 52-Week High | 16.90 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Nov 1, 2004 |
About PRMKX
Putnam Sustainable Retirement Maturity Fund Class R is a mutual fund designed to support investors as they approach and enter retirement. The fund’s primary purpose is to offer a diversified allocation that gradually shifts emphasis toward income generation and capital preservation as participants near retirement age. Its portfolio blends a mix of equity and fixed income holdings, with a significant tilt towards sustainable and environmental, social, and governance (ESG)-focused investments. As of September 2024, approximately three-quarters of the fund’s assets are allocated to fixed income instruments—primarily through Putnam ESG Core Bond ETF, Putnam ESG High Yield ETF, and other short-duration bond vehicles—while the remainder is invested in equity strategies, including both domestic and international ESG-focused funds. The fund’s asset allocation is managed and rebalanced on a quarterly basis, and adjustments are made in response to long-term demographic and economic trends relevant to retirement planning. By integrating ESG criteria into its investment selection, the fund seeks not only to support retirees' financial objectives but also to promote responsible investing principles within the retirement solutions marketplace.
Performance
PRMKX had a total return of 3.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.46%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam ESG Core Bond ETF | PCRB | 50.39% |
| Putnam ESG High Yield ETF | PHYD | 16.74% |
| Putnam Sustainable Leaders ETF | PLDR | 15.02% |
| Putnam Sustainable Future ETF | PFUT | 7.80% |
| Putnam ESG Ultra Short ETF | PULT | 5.53% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 4.48% |
| Net Cash | n/a | 0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0363 | Jun 30, 2025 |
| May 30, 2025 | $0.0352 | May 30, 2025 |
| Apr 30, 2025 | $0.0365 | Apr 30, 2025 |
| Mar 28, 2025 | $0.036 | Mar 28, 2025 |
| Feb 26, 2025 | $0.036 | Feb 28, 2025 |
| Jan 28, 2025 | $0.031 | Jan 30, 2025 |