Putnam Sustainable Retirement 2025 Fund Class A (PRROX)
| Fund Assets | 205.40M |
| Expense Ratio | 0.85% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 3.87% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Jul 23, 2025 |
| Previous Close | 20.81 |
| YTD Return | -1.80% |
| 1-Year Return | -0.11% |
| 5-Year Return | 15.11% |
| 52-Week Low | 20.22 |
| 52-Week High | 22.08 |
| Beta (5Y) | 0.38 |
| Holdings | 7 |
| Inception Date | Nov 1, 2004 |
About PRROX
Putnam Sustainable Retirement 2025 Fund Class A is a target‑date mutual fund designed to support investors approaching retirement around 2025 through a diversified, age‑appropriate asset mix. The fund follows a glide path that gradually reduces equity exposure and increases allocations to fixed income and cash equivalents as the target date nears, seeking to moderate volatility while maintaining long‑term growth potential. It integrates sustainable investing considerations within its underlying strategies, incorporating environmental, social, and governance factors alongside traditional analysis. The fund invests across multiple asset classes and sectors through an actively managed, multi‑manager structure associated with Putnam’s retirement series, reflecting a disciplined process formalized when the series adopted the sustainable mandate. In July 2025, the strategy reached its near‑maturity phase and was combined into a maturity‑dated counterpart to align the portfolio more closely with the needs of investors at or in retirement, while preserving continuity of objective and process.
Performance
PRROX had a total return of -0.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.38%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam ESG Core Bond ETF | PCRB | 48.78% |
| Putnam ESG High Yield ETF | PHYD | 15.68% |
| Putnam Sustainable Leaders ETF | PLDR | 15.47% |
| Putnam Sustainable Future ETF | PFUT | 8.00% |
| Putnam ESG Ultra Short ETF | PULT | 7.12% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 4.84% |
| Net Cash | n/a | 0.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 23, 2025 | $0.3322 | Jul 23, 2025 |
| Dec 31, 2024 | $0.523 | Dec 31, 2024 |
| Dec 29, 2023 | $0.600 | Dec 29, 2023 |
| Dec 30, 2022 | $1.742 | Dec 30, 2022 |
| Dec 31, 2021 | $1.452 | Dec 31, 2021 |
| Dec 31, 2020 | $0.238 | Dec 31, 2020 |