Putnam Sustainable Retirement 2030 A (PRRQX)
| Fund Assets | 418.18M |
| Expense Ratio | 0.85% |
| Min. Investment | $500 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 2.54% |
| Dividend Growth | -0.50% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 22.08 |
| YTD Return | 6.68% |
| 1-Year Return | 4.92% |
| 5-Year Return | 33.40% |
| 52-Week Low | 19.42 |
| 52-Week High | 22.13 |
| Beta (5Y) | 0.49 |
| Holdings | 7 |
| Inception Date | Nov 1, 2004 |
About PRRQX
Putnam Sustainable Retirement 2030 Fund Class A is a target-date mutual fund designed to provide a diversified investment option for individuals planning to retire around the year 2030. This fund seeks both capital appreciation and current income by allocating assets among various underlying Putnam funds, with the asset mix gradually shifting as the target retirement date approaches. Its strategy places an increasing emphasis on generating income while gradually reducing the focus on capital growth as 2030 nears. The fund employs a multi-asset approach, investing across different asset classes to enhance diversification and manage risk. A distinctive feature is its integration of sustainability considerations, focusing investments in underlying funds that adhere to environmental, social, and governance (ESG) criteria. This makes it appealing for investors who wish to align their retirement planning with sustainable investment practices. The fund plays a significant role in the retirement planning landscape, offering a managed solution that automatically adjusts over time to help meet the evolving needs of investors as they move closer to retirement.
Performance
PRRQX had a total return of 4.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.31%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam ESG Core Bond ETF | PCRB | 49.75% |
| Putnam Sustainable Leaders ETF | PLDR | 19.52% |
| Putnam Sustainable Future ETF | PFUT | 9.87% |
| Putnam ESG Ultra Short ETF | PULT | 7.96% |
| Putnam ESG High Yield ETF | PHYD | 6.94% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 5.67% |
| Net Cash | n/a | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.594 | Dec 31, 2024 |
| Dec 29, 2023 | $0.597 | Dec 29, 2023 |
| Dec 30, 2022 | $2.247 | Dec 30, 2022 |
| Dec 31, 2021 | $2.104 | Dec 31, 2021 |
| Dec 31, 2020 | $0.001 | Dec 31, 2020 |
| Dec 31, 2019 | $0.906 | Dec 31, 2019 |