C
Putnam Retirement Advantage 2045 Fund Class R Shares PAFZX
NASDAQ
Recommendation
NAV
Total Assets
Dividend Yield
Turnover Ratio
Expense Ratio
Weiss Ratings PAFZX-NASDAQ Click to
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Rating C
Reward Index Fair
Reward Grade C
Risk Index Good
Risk Grade B-
Company Info PAFZX-NASDAQ Click to
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Provider Franklin Templeton Investments
Manager/Tenure (Years) Brett Goldstein (6), Adrian H. Chan (4), Thomas A. Nelson (1), 2 others
Website http://www.franklintempleton.com
Fund Information PAFZX-NASDAQ Click to
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Fund Name Putnam Retirement Advantage 2045 Fund Class R Shares
Category Target-Date 2045
Sub-Category Target Date
Prospectus Objective Asset Allocation
Inception Date Sep 01, 2020
Open/Closed To New Investors Open
Minimum Initial Investment 0.00
Minimum Subsequent Investment --
Front End Fee --
Back End Fee --
Dividends and Shares PAFZX-NASDAQ Click to
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Dividend Yield 3.17%
Dividend PAFZX-NASDAQ Click to
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Dividend Yield (Forward) 1.94%
Asset Allocation PAFZX-NASDAQ Click to
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Cash 1.89%
Stock 77.94%
U.S. Stock 41.43%
Non-U.S. Stock 36.51%
Bond 16.15%
U.S. Bond 12.67%
Non-U.S. Bond 3.48%
Preferred 0.10%
Convertible 1.19%
Other Net 2.73%
Price History PAFZX-NASDAQ Click to
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7-Day Total Return 1.38%
30-Day Total Return 3.54%
60-Day Total Return 10.15%
90-Day Total Return 7.62%
Year to Date Total Return 9.23%
1-Year Total Return 23.30%
2-Year Total Return 37.74%
3-Year Total Return 68.15%
5-Year Total Return 60.29%
Price PAFZX-NASDAQ Click to
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Closing Price --
1-Month Low Price --
1-Month High Price --
52-Week Low Price --
52-Week Low Price (Date) --
52-Week High Price --
52-Week High Price (Date) --
NAV PAFZX-NASDAQ Click to
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Nav $13.13
1-Month Low NAV $12.63
1-Month High NAV $13.13
52-Week Low NAV $11.56
52-Week Low NAV (Date) Mar 30, 2026
52-Week High NAV $13.53
52-Week High Price (Date) Dec 26, 2025
Beta / Standard Deviation PAFZX-NASDAQ Click to
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Beta 0.73
Standard Deviation 10.24
Balance Sheet PAFZX-NASDAQ Click to
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Total Assets 35.74M
Operating Ratios PAFZX-NASDAQ Click to
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Expense Ratio 1.20%
Turnover Ratio 30.00%
Performance PAFZX-NASDAQ Click to
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Last Bull Market Total Return 22.23%
Last Bear Market Total Return -14.19%