Franklin Retirement Advantage Pl 2035 Y (PRRYX)

Fund Assets	376.22M
Expense Ratio	0.65%
Min. Investment	$500
Turnover	22.00%
Dividend (ttm)	0.56
Dividend Yield	1.72%
Dividend Growth	-1.84%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	32.46
YTD Return	5.81%
1-Year Return	9.94%
5-Year Return	35.87%
52-Week Low	29.08
52-Week High	32.58
Beta (5Y)	0.60
Holdings	9
Inception Date	Nov 1, 2004

About PRRYX

Putnam Sustainable Retirement 2035 Fund Class Y is a target-date mutual fund designed to help investors prepare for retirement around the year 2035. The fund follows a preset glide path, gradually shifting its asset allocation from growth-focused investments toward more conservative holdings as the target retirement date approaches. Its primary function is to offer a diversified, professionally managed portfolio that automatically adjusts risk over time for individuals planning to retire near 2035. A defining characteristic of this fund is its commitment to sustainability. The underlying holdings are primarily Putnam-branded exchange-traded funds (ETFs) that emphasize environmental, social, and governance (ESG) criteria. Major portfolio positions include large allocations to Putnam Sustainable Leaders ETF, Putnam ESG Core Bond ETF, and Putnam Sustainable Future ETF, reflecting a balanced mix of equities and fixed income with a strong ESG orientation. The fund typically invests almost all of its assets in these top ten holdings, signaling a focused, streamlined approach. Putnam Sustainable Retirement 2035 Fund Class Y plays a significant role for investors seeking not just a target-date solution but also alignment with sustainability principles, making it particularly relevant for those prioritizing responsible investment choices for retirement portfolios.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2035
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: PRRYX
• Index: S&P 500 TR

Performance

PRRYX had a total return of 9.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FWTKX	Fidelity	Fidelity Freedom 2035 Fund Class K6	0.38%
FITHX	Fidelity	Fidelity Advisor Freedom 2035 Fund - Class I	0.63%
FIJOX	Fidelity	Fidelity Advisor Freedom 2035 Z	0.58%
FNIPX	Fidelity	Fidelity Freedom Index 2035 Premier	0.05%
FFTHX	Fidelity	Fidelity Freedom 2035 Fund	0.63%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Bal P	n/a	79.20%
Putnam Fds Tr	n/a	5.02%
Franklin Dynamic Asset Allocation Gr P	n/a	4.12%
Franklin BSP Lending Fund	FBREX	3.99%
Clarion Partners Real Estate Inc I	CPREX	3.96%
Franklin Multi-Asset Income P	n/a	3.30%
Franklin Dynamic Asset Allocation Cnsv P	n/a	0.46%
Usd	n/a	0.08%
Usd	n/a	-0.14%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.5556	Dec 30, 2025
Dec 31, 2024	$0.566	Dec 31, 2024
Dec 29, 2023	$0.550	Dec 29, 2023
Dec 30, 2022	$2.449	Dec 30, 2022
Dec 31, 2021	$2.759	Dec 31, 2021
Dec 31, 2020	$0.298	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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