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Putnam Retirement Advantage Maturity Y (PAETX)

10.78 +0.01 (+0.09%)
At close: 8:00 PM EDT
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DELL
  • Previous Close 10.77
  • YTD Return 8.96%
  • Expense Ratio 0.55%
  • Category Target-Date Retirement
  • Last Cap Gain -10.00
  • Morningstar Rating
  • Morningstar Risk Rating Above Average
  • Sustainability Rating
  • Net Assets 16.66M
  • Beta (5Y Monthly) 0.67
  • Yield 3.80%
  • 5y Average Return --
  • Holdings Turnover 33.00%
  • Last Dividend 0.31
  • Inception Date Sep 1, 2020

The fund employs an asset allocation strategy designed for investors who are already in retirement or who plan to retire (or otherwise begin withdrawing the invested funds) in the near future. It is designed to provide diversification among different asset classes. The fund invests most of its assets in Putnam Multi-Asset Income Fund, another Putnam mutual fund, which invests mainly in fixed-income investments and, to a lesser extent, in equity securities.

Franklin Templeton Investments

Fund Family

Target-Date Retirement

Fund Category

16.66M

Net Assets

2020-09-01

Inception Date

Performance Overview: PAETX

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Trailing returns as of 9/27/2024. Category is Target-Date Retirement.

YTD Return

PAETX
8.96%
Category
3.58%
 

1-Year Return

PAETX
15.04%
Category
12.52%
 

3-Year Return

PAETX
1.87%
Category
7.60%
 

5-Year Return

PAETX
0.00%
Category
6.39%
 

Holdings: PAETX

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Top 1 Holdings (94.15% of Total Assets)

SymbolCompany% Assets
PMIVX
Putnam Multi-Asset Income R6 94.15%

Sector Weightings

SectorPAETX
Technology   24.88%
Healthcare   11.65%
Industrials   8.78%
Energy   5.01%
Real Estate   4.52%
Utilities   2.37%

Recent News: PAETX

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Research Reports: PAETX

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