Morningstar

Putnam Retirement Advantage Plus 2035 Fund Class R5 Shares PADVX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 31.95  /  +0.38 %
  • Total Assets 413.5M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.110%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Target-Date 2035
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.72%
  • Turnover 22%

USD | NAV as of Jul 15, 2026 | 1-Day Return as of Jul 15, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PADVX

Will PADVX 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 PADVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PADVX 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 PADVX’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 2035 R5 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 PADVX

More PADVX Holdings
  • 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 Bal P

79.59 329M
—

Putnam Dynamic Asset Allocation Gr P

6.42 27M
—

Putnam Fds Tr

4.50 19M
—

Franklin BSP Lending R6

3.85 16M
—

Clarion Partners Real Estate Inc I

3.82 16M
—

Putnam Multi-Asset Income P

1.55 6M
—

Putnam Dynamic Asset Allocation Cnsrv P

0.23 943,506
—

Cash And Equivalents

0.05 210,409
Cash and Equivalents

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