Franklin Retirement Advantage Pl 2030 Y (PRRTX)

Fund Assets	439.43M
Expense Ratio	0.63%
Min. Investment	$500
Turnover	18.00%
Dividend (ttm)	0.57
Dividend Yield	2.08%
Dividend Growth	-11.44%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	27.19
YTD Return	2.94%
1-Year Return	3.88%
5-Year Return	28.08%
52-Week Low	25.66
52-Week High	27.69
Beta (5Y)	0.43
Holdings	7
Inception Date	Nov 1, 2004

About PRRTX

Putnam Sustainable Retirement 2030 Fund Class Y is an actively managed target-date mutual fund designed to help investors prepare for retirement around the year 2030. The fund’s primary purpose is to provide a diversified, gradually evolving portfolio that balances capital appreciation and income, with a glide path that shifts from growth-oriented assets to more conservative, income-generating investments as the target retirement date approaches. Notably, the fund emphasizes sustainability by investing mainly in underlying exchange-traded funds (ETFs) that focus on positive environmental, social, and governance (ESG) characteristics. The fund’s holdings are largely allocated among Putnam-branded ETFs specializing in ESG core bonds, sustainable equity strategies, and high-yield investments, reflecting its dual mandate for responsible investing and long-term financial security. This structure makes it particularly relevant for individuals seeking retirement solutions that align with sustainability values while aiming to manage risk through life-stage-based asset allocation. The fund is open-ended, suitable for institutional investors given its share class, and is regularly rebalanced to maintain its risk-reduction trajectory as the 2030 milestone draws closer.

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

Performance

PRRTX had a total return of 3.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.40%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FTFEX	Fidelity	Fidelity Advisor Freedom 2030 M	1.12%
FIJNX	Fidelity	Fidelity Advisor Freedom 2030 Z	0.57%
FAFEX	Fidelity	Fidelity Advisor Freedom 2030 A	0.87%
FDGLX	Fidelity	Fidelity Advisor Freedom 2030 K6	0.34%
FFFEX	Fidelity	Fidelity Freedom 2030 Fund	0.59%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Cnsv P	n/a	36.31%
Franklin Multi-Asset Income P	n/a	26.71%
Franklin Dynamic Asset Allocation Bal P	n/a	22.48%
Putnam Fds Tr	n/a	6.32%
Franklin BSP Lending Fund	FBREX	3.85%
Clarion Partners Real Estate Inc I	CPREX	3.84%
Usd	n/a	0.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5677	Dec 30, 2025
Dec 31, 2024	$0.641	Dec 31, 2024
Dec 29, 2023	$0.642	Dec 29, 2023
Dec 30, 2022	$2.294	Dec 30, 2022
Dec 31, 2021	$2.162	Dec 31, 2021
Dec 31, 2020	$0.403	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

Data Sources Report a data error