Franklin Retirement Advantage Pl 2050 R (PRRKX)

Fund Assets	247.53M
Expense Ratio	1.35%
Min. Investment	$500
Turnover	17.00%
Dividend (ttm)	0.26
Dividend Yield	1.08%
Dividend Growth	19.68%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	24.37
YTD Return	7.55%
1-Year Return	9.37%
5-Year Return	44.47%
52-Week Low	21.21
52-Week High	24.95
Beta (5Y)	0.82
Holdings	6
Inception Date	May 2, 2005

About PRRKX

Putnam Sustainable Retirement 2050 Fund - Class R is a target-date mutual fund aimed at investors planning to retire around the year 2050. Its primary function is to provide a diversified investment solution by allocating assets among a range of underlying funds, with a focus on sustainable investing practices. The fund dynamically shifts its asset allocation over time, starting with a greater emphasis on growth-oriented investments such as equities and gradually increasing its focus on capital preservation and income as the retirement date approaches. Putnam Sustainable Retirement 2050 Fund - Class R seeks to balance capital appreciation with risk management, adjusting its portfolio in accordance with a predetermined glide path that reflects the changing needs of investors as they near retirement. The fund is actively managed by a team of experienced portfolio managers and leverages sustainability criteria in its investment decisions, making it a notable option for individuals who want their retirement savings aligned with environmental, social, and governance (ESG) considerations. This fund plays a significant role in the retirement fund market, serving as a turnkey investment vehicle for long-term retirement planning within employer-sponsored plans and for individual investors focused on sustainable outcomes.

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

Performance

PRRKX had a total return of 9.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.84%.

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	0.66%
FYLSX	Fidelity	Fidelity Flex Freedom Blend 2050 Fund	n/a
FFFQX	Fidelity	Fidelity Advisor Freedom 2050 M	1.23%
FFFLX	Fidelity	Fidelity Advisor Freedom 2050 A	0.93%
FFFHX	Fidelity	Fidelity Freedom 2050 Fund	0.67%

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	$0.2645	Dec 30, 2025
Dec 31, 2024	$0.221	Dec 31, 2024
Dec 29, 2023	$0.080	Dec 29, 2023
Dec 30, 2022	$1.991	Dec 30, 2022
Dec 31, 2021	$2.140	Dec 31, 2021
Dec 31, 2020	$0.208	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:

Oct 16, 2026

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