Franklin Retirement Advantage Plus 2060 Fund Class R (PRTRX)

Fund Assets	75.22M
Expense Ratio	1.35%
Min. Investment	$500
Turnover	29.00%
Dividend (ttm)	0.48
Dividend Yield	2.86%
Dividend Growth	727.07%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	16.75
YTD Return	9.47%
1-Year Return	16.17%
5-Year Return	50.18%
52-Week Low	14.24
52-Week High	16.88
Beta (5Y)	0.88
Holdings	7
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2060+
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PRTRX
• Index: S&P 500 TR

Performance

PRTRX had a total return of 16.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.06%.

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	1.18%
FNGLX	Fidelity	Fidelity Advisor Freedom 2060 Fund - Class K6	0.45%
FDKQX	Fidelity	Fidelity Advisor Freedom 2060 Fund - Class I	0.68%
FDKSX	Fidelity	Fidelity Advisor Freedom 2060 Fund - Class C	1.68%
FWLSX	Fidelity	Fidelity Flex Freedom Blend 2060 Fund	0.01%

Top Holdings

Name	Symbol	Weight
Franklin Dynamic Asset Allocation Eq P	n/a	64.76%
Franklin Dynamic Asset Allocation Gr P	n/a	33.13%
Franklin BSP Lending Fund	FBREX	0.87%
Clarion Partners Real Estate Income Fund Inc. Class I	CPREX	0.87%
Putnam Fds Tr	n/a	0.50%
Usd	n/a	0.01%
Usd	n/a	-0.14%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.4797	Dec 30, 2025
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

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 8, 2026

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