Putnam Sustainable Retirement 2055 Fund Class R (PRRVX)
| Fund Assets | 163.89M |
| Expense Ratio | 1.25% |
| Min. Investment | $500 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 0.98% |
| Dividend Growth | 550.87% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 15.30 |
| YTD Return | -0.33% |
| 1-Year Return | 8.18% |
| 5-Year Return | 44.67% |
| 52-Week Low | 11.69 |
| 52-Week High | 15.64 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Nov 30, 2010 |
About PRRVX
Putnam Sustainable Retirement 2055 Fund Class R is a target-date mutual fund designed to address the long-term retirement needs of investors planning to retire around the year 2055. Its primary purpose is to provide a balanced investment solution that evolves its asset allocation over time: in the early years, the fund emphasizes capital appreciation through higher exposure to equities, and as the target date approaches, it systematically increases its allocation to fixed income and income-generating assets to prioritize capital preservation and steady income. This transition reflects a decreasing emphasis on growth and an increasing focus on reducing risk and providing stable returns as retirement nears. The fund also incorporates sustainability considerations in its investment process, selecting securities with positive environmental, social, and governance (ESG) characteristics. By combining a disciplined glide path methodology with sustainable investment criteria, the Putnam Sustainable Retirement 2055 Fund Class R aims to support retirement savers with diversified exposure, risk management, and responsible investing throughout their savings journey.
Performance
PRRVX had a total return of 8.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.67%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Sustainable Leaders ETF | PLDR | 45.94% |
| Putnam Sustainable Future ETF | PFUT | 21.05% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 15.57% |
| Putnam ESG Core Bond ETF | PCRB | 6.94% |
| Putnam PanAgora ESG Emerging Markets Equity ETF | PPEM | 5.18% |
| Putnam ESG High Yield ETF | PHYD | 3.17% |
| Putnam ESG Ultra Short ETF | PULT | 1.80% |
| Cash And Equivalents | n/a | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.1497 | Dec 30, 2025 |
| Dec 31, 2024 | $0.023 | Dec 31, 2024 |
| Dec 29, 2023 | $0.132 | Dec 29, 2023 |
| Dec 30, 2022 | $0.938 | Dec 30, 2022 |
| Dec 31, 2021 | $1.207 | Dec 31, 2021 |
| Dec 31, 2020 | $0.081 | Dec 31, 2020 |