Putnam Sustainable Retirement 2060 Fund Class R (PRTRX)
| Fund Assets | 62.10M |
| Expense Ratio | 1.25% |
| Min. Investment | $500 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.06 |
| Dividend Yield | 0.39% |
| Dividend Growth | -48.67% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 14.87 |
| YTD Return | 5.69% |
| 1-Year Return | 5.15% |
| 5-Year Return | 70.77% |
| 52-Week Low | 11.96 |
| 52-Week High | 14.98 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Nov 30, 2015 |
About PRTRX
Putnam Sustainable Retirement 2060 Fund Class R is a target-date mutual fund designed for investors planning to retire around the year 2060. Its primary purpose is to provide a diversified investment approach that balances capital appreciation and current income, with a glide path that gradually shifts emphasis from growth to income as the target retirement date approaches. The fund achieves diversification by allocating assets across a variety of underlying funds, primarily Putnam's own suite of sustainable and ESG-focused exchange-traded funds. These include significant allocations to the Putnam Sustainable Leaders ETF, Putnam Sustainable Future ETF, Putnam PanAgora ESG International Equity ETF, and fixed income ETFs such as Putnam ESG Core Bond ETF. This structure supports exposure to both domestic and international equities, as well as fixed income, with a strong sustainability and environmental, social, and governance (ESG) orientation. The fund plays a key role in the retirement investment market by offering a ready-made solution for long-term investors who value ESG principles and seek a managed transition from growth to income as they approach retirement age.
Performance
PRTRX had a total return of 5.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.42%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Sustainable Leaders ETF | PLDR | 44.97% |
| Putnam Sustainable Future ETF | PFUT | 23.58% |
| Putnam PanAgora ESG International Equity ETF | PPIE | 17.99% |
| Putnam PanAgora ESG Emerging Markets Equity ETF | PPEM | 5.86% |
| Putnam ESG Core Bond ETF | PCRB | 4.50% |
| Putnam ESG High Yield ETF | PHYD | 1.81% |
| Putnam ESG Ultra Short ETF | PULT | 0.97% |
| Net Cash | n/a | 0.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.058 | Dec 31, 2024 |
| Dec 29, 2023 | $0.113 | Dec 29, 2023 |
| Dec 30, 2022 | $0.606 | Dec 30, 2022 |
| Dec 31, 2021 | $1.675 | Dec 31, 2021 |
| Dec 31, 2020 | $0.310 | Dec 31, 2020 |
| Dec 31, 2019 | $0.524 | Dec 31, 2019 |