Putnam Retirement Advantage Plus 2060 Fund Class A (PRTFX)
| Fund Assets | 75.22M |
| Expense Ratio | 0.95% |
| Min. Investment | $500 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 3.04% |
| Dividend Growth | 282.37% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 15.99 |
| YTD Return | 3.79% |
| 1-Year Return | 15.10% |
| 5-Year Return | 53.23% |
| 52-Week Low | 14.02 |
| 52-Week High | 16.20 |
| Beta (5Y) | 0.88 |
| Holdings | 6 |
| Inception Date | Nov 30, 2015 |
About PRTFX
The Putnam Sustainable Retirement 2060 Fund Class A is a target-date mutual fund designed primarily for investors planning to retire around the year 2060. Its primary objective is to achieve capital appreciation and generate current income, gradually shifting its focus from growth to income as the retirement date approaches. The fund employs a diversified, asset allocation strategy by investing mainly in other underlying Putnam funds and ETFs that emphasize environmental, social, and governance (ESG) criteria. This structure enables exposure to both domestic and international equities, as well as fixed income securities, seeking to balance long-term growth potential with responsible investment practices. With a notable portion of assets allocated to sustainable investments, the fund appeals to individuals seeking retirement solutions aligned with ESG values. As one of Putnam’s suite of target-date offerings, it plays a significant role in the retirement planning market, helping investors manage risk and return over a multi-decade horizon while maintaining a sustainability focus.
Performance
PRTFX had a total return of 15.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.05%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDKTX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class M | 1.26% |
| FNGLX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class K6 | 0.46% |
| FDKQX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class I | 0.76% |
| FDKSX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class C | 1.76% |
| FWLSX | Fidelity | Fidelity Flex Freedom Blend 2060 Fund | 0.01% |
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Putnam Dynamic Asset Allocation Equity P | n/a | 66.10% |
| Putnam Dynamic Asset Allocation Gr P | n/a | 31.56% |
| Franklin BSP Lending Fund | FBREX | 0.92% |
| Clarion Partners Real Estate Income Fund Inc. | CPREX | 0.91% |
| Putnam Fds Tr | n/a | 0.46% |
| Cash And Equivalents | n/a | 0.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5162 | Dec 30, 2025 |
| Dec 31, 2024 | $0.135 | Dec 31, 2024 |
| Dec 29, 2023 | $0.159 | Dec 29, 2023 |
| Dec 30, 2022 | $0.656 | Dec 30, 2022 |
| Dec 31, 2021 | $1.734 | Dec 31, 2021 |
| Dec 31, 2020 | $0.286 | Dec 31, 2020 |