Putnam Sustainable Retirement 2040 Fund Class Y (PRZZX)

Fund Assets	159.71M
Expense Ratio	0.60%
Min. Investment	$500
Turnover	n/a
Dividend (ttm)	0.49
Dividend Yield	1.64%
Dividend Growth	-1.99%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2024

Previous Close	29.92
YTD Return	3.02%
1-Year Return	13.38%
5-Year Return	47.50%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	0.70
Holdings	8
Inception Date	Nov 1, 2004

About PRZZX

PRZZX was founded on 2004-11-01. The Fund's investment strategy focuses on Growth & Income with 0.1% total expense ratio. The minimum amount to invest in Putnam RetirementReady Funds: Putnam RetirementReady 2040 Fund; Class Y Shares is $500 on a standard taxable account. Putnam RetirementReady Funds: Putnam RetirementReady 2040 Fund; Class Y Shares seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. PRZZX's asset allocation will become more conservative as the Fund approaches its target date.

• Category: Target-Date 2040
• Performance Rating: Above Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: PRZZX
• Index: S&P 500 TR

Performance

PRZZX had a total return of 13.38% in the past year. Since the fund's inception, the average annual return has been 8.91%, including dividends.

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
Putnam Sustainable Leaders ETF	PLDR	38.87%
Putnam ESG Core Bond ETF	PCRB	20.92%
Putnam Sustainable Future ETF	PFUT	18.18%
Putnam PanAgora ESG International Equity ETF	PPIE	11.34%
Putnam ESG High Yield ETF	PHYD	4.90%
Putnam ESG Ultra Short ETF	PULT	3.12%
Putnam PanAgora ESG Emerging Markets Equity ETF	PPEM	2.22%
Net Cash	n/a	0.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2024	$0.493	Dec 31, 2024
Dec 29, 2023	$0.503	Dec 29, 2023
Dec 30, 2022	$3.194	Dec 30, 2022
Dec 31, 2021	$2.623	Dec 31, 2021
Dec 31, 2020	$0.480	Dec 31, 2020
Dec 31, 2019	$1.352	Dec 31, 2019