Franklin Retirement Advantage 2050 Fund A (PAEZX)
13.58
+0.06
(+0.44%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.80% | 38.42M | -- | 28.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 7.153M | 14.40% |
Basic Info
| Investment Strategy | |
| 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 of 2050. Putnam Management will adjust these funds allocations at the end of each calendar quarter based on the glide path. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2050 |
| Peer Group | Mixed-Asset Target 2050 Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
28
-207.04M
Peer Group Low
136.70M
Peer Group High
1 Year
% Rank:
30
7.153M
-2.260B
Peer Group Low
3.297B
Peer Group High
3 Months
% Rank:
29
-884.83M
Peer Group Low
697.70M
Peer Group High
3 Years
% Rank:
44
-3.078B
Peer Group Low
7.974B
Peer Group High
6 Months
% Rank:
34
-1.697B
Peer Group Low
1.723B
Peer Group High
5 Years
% Rank:
52
-4.322B
Peer Group Low
11.92B
Peer Group High
YTD
% Rank:
36
-1.681B
Peer Group Low
2.861B
Peer Group High
10 Years
% Rank:
--
-8.394B
Peer Group Low
17.84B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | -0.98% |
| Stock | 82.52% |
| Bond | 9.71% |
| Convertible | 0.00% |
| Preferred | 0.20% |
| Other | 8.55% |
Top 5 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Franklin Dynamic Asset Allocation Growth Fund P | 89.52% | 24.58 | 0.41% |
| Putnam Dynamic Asset Allocation Equity P | 9.03% | 19.21 | 0.37% |
|
Putnam Short Term Investment Fund
|
1.39% | -- | -- |
|
USD Cash
|
0.06% | -- | -- |
|
Other Assets less Liabilities
|
-0.01% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | 5.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| 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 of 2050. Putnam Management will adjust these funds allocations at the end of each calendar quarter based on the glide path. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2050 |
| Peer Group | Mixed-Asset Target 2050 Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 3.03% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 5 |
| Stock | |
| Weighted Average PE Ratio | 28.00 |
| Weighted Average Price to Sales Ratio | 7.416 |
| Weighted Average Price to Book Ratio | 9.829 |
| Weighted Median ROE | 76.23% |
| Weighted Median ROA | 17.06% |
| Return on Investment (TTM) | 34.01% |
| Earning Yield | 0.0496 |
| LT Debt / Shareholders Equity | 0.8410 |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (8-31-26) | 5.58% |
| Effective Duration | 0.69 |
| Average Coupon | 5.06% |
| Calculated Average Quality | 3.306 |
| Effective Maturity | 13.35 |
| Nominal Maturity | 13.45 |
| Number of Bond Holdings | 0 |
As of August 31, 2026
Growth Metrics
| EPS Growth (1Y) | 28.00% |
| EPS Growth (3Y) | 20.03% |
| EPS Growth (5Y) | 23.83% |
| Sales Growth (1Y) | 14.64% |
| Sales Growth (3Y) | 13.71% |
| Sales Growth (5Y) | 15.12% |
| Sales per Share Growth (1Y) | 19.84% |
| Sales per Share Growth (3Y) | 15.00% |
| Operating Cash Flow - Growth Rate (3Y) | 25.41% |
As of August 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 12/31/2019 |
| Last Annual Report Date | 8/31/2025 |
| Last Prospectus Date | 1/1/2026 |
| Share Classes | |
| PAEKX | Retirement |
| PAENX | C |
| PAEQX | Retirement |
| PAGZX | Retirement |
| PAHAX | Retirement |
| PAHDX | Retirement |
| PHPDX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PAEZX", "name") |
| Broad Asset Class: =YCI("M:PAEZX", "broad_asset_class") |
| Broad Category: =YCI("M:PAEZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PAEZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |