Morningstar

Franklin Retirement Advantage Plus Maturity Fund Class R4 Shares PACPX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 17.35  /  −0.29 %
  • Total Assets 628.3M
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.320%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Target-Date Retirement
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.52%
  • Turnover 10%

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PACPX

Will PACPX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PACPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PACPX 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 PACPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Putnam Retirement Advantage Plus Mat R4 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.

by Morningstar Automated Analysis
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Portfolio Holdings PACPX

More PACPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Franklin Multi-Asset Income P

79.25 504M
—

Franklin Dynamic Asset Allocation Bal P

6.51 41M
—

Putnam Fds Tr

6.00 38M
—

Franklin BSP Lending R6

3.96 25M
—

Clarion Partners Real Estate Inc I

3.93 25M
—

Usd

0.34 2M
Cash and Equivalents

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