Franklin Retirement Advantage Plus 2050 Fund Class A (PRRJX)

Fund Assets	247.53M
Expense Ratio	0.94%
Min. Investment	$500
Turnover	17.00%
Dividend (ttm)	0.33
Dividend Yield	1.33%
Dividend Growth	27.15%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	25.28
YTD Return	7.50%
1-Year Return	10.50%
5-Year Return	45.92%
52-Week Low	21.75
52-Week High	25.63
Beta (5Y)	0.82
Holdings	6
Inception Date	May 2, 2005

About PRRJX

Putnam Sustainable Retirement 2050 Fund Class A is a target-date mutual fund designed to support long-term retirement savings, with a target maturity year of 2050. Its primary function is to provide investors with a diversified portfolio that gradually shifts its asset allocation over time. Early on, the fund emphasizes capital appreciation through a higher allocation to growth-oriented assets, such as equities, and as it approaches the target date, it strategically increases its focus on current income and stability by allocating more to fixed income and lower-risk assets. A notable feature of this fund is its integration of sustainability and ESG (Environmental, Social, and Governance) criteria into its investment process. The underlying portfolio is primarily composed of exchange-traded funds that prioritize positive ESG characteristics, aiming to generate returns while considering social and environmental impacts. The fund is suitable for individuals planning to retire around 2050 and seeking a managed, socially conscious approach to retirement investing. With a minimum investment requirement and an annual payout, Putnam Sustainable Retirement 2050 Fund Class A plays a significant role in helping investors manage risk and align their investments with personal sustainability values as they approach retirement.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2050
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: PRRJX
• Index: S&P 500 TR

Performance

PRRJX had a total return of 10.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.14%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FIJRX	Fidelity	Fidelity Advisor Freedom 2050 Z	0.65%
FYLSX	Fidelity	Fidelity Flex Freedom Blend 2050 Fund	0.01%
FFFQX	Fidelity	Fidelity Advisor Freedom 2050 M	1.18%
FFFLX	Fidelity	Fidelity Advisor Freedom 2050 A	0.93%
FFFHX	Fidelity	Fidelity Freedom 2050 Fund	0.68%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Gr P	n/a	71.58%
Franklin Dynamic Asset Allocation Eq P	n/a	23.36%
Franklin BSP Lending Fund	FBREX	1.71%
Clarion Partners Real Estate Inc I	CPREX	1.71%
Putnam Fds Tr	n/a	1.54%
Usd	n/a	0.10%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.3344	Dec 30, 2025
Dec 31, 2024	$0.263	Dec 31, 2024
Dec 29, 2023	$0.281	Dec 29, 2023
Dec 30, 2022	$2.049	Dec 30, 2022
Dec 31, 2021	$2.286	Dec 31, 2021
Dec 31, 2020	$0.001	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:

Sep 30, 2026

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