Putnam Retirement Advantage 2045 FundPAFZX
Type
Mutual fund
Peer group
Target-date
Net assets
$32.3M
Expense ratio
1.20%
1-year return
+18.1%
3 years, a year
+18.4%
5 years, a year
+10.3%
Holdings
3
What it aims to do.
The fund seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date.
Top 10 holdings.
| Holding | % of fund |
|---|---|
| Putnam Dynamic Asset Allocation Growth Fund | 88.49% |
| Putnam Dynamic Asset Allocation Balanced Fund | 8.73% |
| Putnam Short Term Investment Fund | 2.71% |
More on PAFZX.
- PAFZX overview
- PAFZX holdings
- PAFZX risk
- PAFZX costs
- PAFZX money in and out
- PAFZX share classes
- Compare PAFZX with other funds
Returns after fees, from the fund's SEC filings up to Feb 2026. Past returns are not a promise. Not financial advice.