Putnam Retirement Advantage Plus 2045 R3 holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Putnam Retirement Advantage Plus 2045 Fund Class R3 Shares PACGX
- NAV / 1-Day Return 33.84 / +0.42 %
- Total Assets 368.3M
-
Adj. Expense Ratio
1.000%
- Expense Ratio 0.470%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Target-Date 2045
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 1.23%
- Turnover 19%
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PACGX
Will PACGX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PACGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PACGX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 99.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Putnam Dynamic Asset Allocation Gr P | 85.26 | 307M | — |
Putnam Dynamic Asset Allocation Equity P | 7.22 | 26M | — |
Putnam Fds Tr | 2.60 | 9M | — |
Franklin BSP Lending R6 | 2.00 | 7M | — |
Clarion Partners Real Estate Inc I | 1.99 | 7M | — |
Putnam Dynamic Asset Allocation Bal P | 0.85 | 3M | — |
Cash And Equivalents | 0.08 | 287,833 | Cash and Equivalents |
United States