Franklin Retirement Advantage Plus 2030 Fund Class A (PRRQX)

Fund Assets	439.43M
Expense Ratio	0.864%
Min. Investment	$500
Turnover	18.00%
Dividend (ttm)	0.51
Dividend Yield	2.29%
Dividend Growth	-13.96%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	22.39
YTD Return	2.19%
1-Year Return	2.65%
5-Year Return	24.78%
52-Week Low	21.15
52-Week High	22.80
Beta (5Y)	0.48
Holdings	8
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2030
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: PRRQX
• Index: S&P 500 TR

Performance

PRRQX had a total return of 2.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.07%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FAFEX	Fidelity	Fidelity Advisor Freedom 2030 A	0.87%
FCFEX	Fidelity	Fidelity Advisor Freedom 2030 C	1.67%
FDGLX	Fidelity	Fidelity Advisor Freedom 2030 K6	0.34%
FEFIX	Fidelity	Fidelity Advisor Freedom 2030 I	0.59%
FFFEX	Fidelity	Fidelity Freedom 2030 Fund	0.59%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Cnsv P	n/a	35.49%
Franklin Multi-Asset Income P	n/a	29.13%
Franklin Dynamic Asset Allocation Bal P	n/a	21.51%
Putnam Fds Tr	n/a	6.03%
Clarion Partners Real Estate Inc I	CPREX	3.87%
Franklin BSP Lending Fund	FBREX	3.87%
Usd	n/a	0.15%
Usd	n/a	-0.05%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5111	Dec 30, 2025
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

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:

Nov 5, 2026

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