Putnam Sustainable Retirement 2025 Y (PRRPX)

Fund Assets	131.44M
Expense Ratio	0.60%
Min. Investment	$500
Turnover	n/a
Dividend (ttm)	0.95
Dividend Yield	4.58%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Jul 23, 2025

Previous Close	20.70
YTD Return	4.49%
1-Year Return	6.56%
5-Year Return	25.49%
52-Week Low	18.92
52-Week High	20.70
Beta (5Y)	0.31
Holdings	7
Inception Date	Nov 1, 2004

About PRRPX

Putnam Sustainable Retirement 2025 Fund Class Y is a target-date mutual fund designed for investors approaching retirement around the year 2025. The fund's primary objective is to balance capital appreciation with current income, gradually shifting its asset allocation to reduce risk as the target retirement date nears. Its portfolio emphasizes sustainable investing by focusing on environmental, social, and governance (ESG) principles, predominantly allocating assets to Putnam's own suite of ESG-focused ETFs. Major holdings include Putnam ESG Core Bond ETF, Putnam ESG High Yield ETF, and Putnam Sustainable Leaders ETF, resulting in a diversified mix of bonds and equities with a strong sustainability mandate. As the fund approaches its target date, management increases its allocation to fixed income assets and reduces equity exposure to help manage volatility and preserve capital for investors entering retirement. This strategy makes it a notable option for individuals seeking both responsible investing and a professionally managed glide path toward retirement income needs. The fund is structured for institutional investors and is overseen by multiple managers, aiming to provide a balanced, ESG-conscious approach within the target-date 2025 fund category.

• Fund Family: Putnam Funds Class Y
• Category: Target-Date 2025
• Stock Exchange: NASDAQ
• Ticker Symbol: PRRPX
• Index: S&P 500 TR

Performance

PRRPX had a total return of 6.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FELSX	Fidelity	Fidelity Flex Freedom Blend 2025 Fund	n/a
FATWX	Fidelity	Fidelity Advisor Freedom 2025 A	0.83%
FDTKX	Fidelity	Fidelity Freedom 2025 Fund Class K6	0.31%
FFTWX	Fidelity	Fidelity Freedom 2025 Fund	0.58%
FSNPX	Fidelity	Fidelity Freedom 2025 K	0.51%

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	$0.3639	Jul 23, 2025
Dec 31, 2024	$0.584	Dec 31, 2024
Dec 29, 2023	$0.650	Dec 29, 2023
Dec 30, 2022	$1.794	Dec 30, 2022
Dec 31, 2021	$1.505	Dec 31, 2021
Dec 31, 2020	$0.564	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:

Aug 27, 2026

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