Putnam Retirement Advantage 2040 Fund C (PBBZX)
12.37
+0.02
(+0.16%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.97% | 40.73M | -- | 39.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 8.479M | 11.14% | Upgrade | Upgrade |
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 2040. Putnam Management will adjust these funds allocations at the end of each calendar quarter based on the glide path. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2040 |
| Peer Group | Mixed-Asset Target 2040 Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth & Income Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
40
-304.90M
Peer Group Low
165.53M
Peer Group High
1 Year
% Rank:
35
8.479M
-2.134B
Peer Group Low
1.393B
Peer Group High
3 Months
% Rank:
43
-721.60M
Peer Group Low
299.67M
Peer Group High
3 Years
% Rank:
50
-5.464B
Peer Group Low
5.102B
Peer Group High
6 Months
% Rank:
50
-1.260B
Peer Group Low
799.13M
Peer Group High
5 Years
% Rank:
52
-8.590B
Peer Group Low
11.01B
Peer Group High
YTD
% Rank:
44
-2.180B
Peer Group Low
1.291B
Peer Group High
10 Years
% Rank:
51
-18.07B
Peer Group Low
20.68B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | -12.34% |
| Stock | 75.99% |
| Bond | 16.98% |
| Convertible | 0.00% |
| Preferred | 0.17% |
| Other | 19.20% |
Top 4 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Putnam Dynamic Asset Allocation Balanced Fund P | 51.62% | 17.74 | 0.11% |
| Putnam Dynamic Asset Allocation Growth Fund P | 44.89% | 23.33 | 0.17% |
|
PUTNAM SHORT TERM INVESTMENT FUND
|
3.45% | -- | -- |
|
CASH AND CASH EQUIVALENTS
|
0.04% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 1.00% |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | 1.00% |
| 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 |
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 2040. Putnam Management will adjust these funds allocations at the end of each calendar quarter based on the glide path. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2040 |
| Peer Group | Mixed-Asset Target 2040 Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth & Income Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 4.24% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 4 |
| Stock | |
| Weighted Average PE Ratio | 32.09 |
| Weighted Average Price to Sales Ratio | 7.971 |
| Weighted Average Price to Book Ratio | 10.44 |
| Weighted Median ROE | 39.15% |
| Weighted Median ROA | 15.02% |
| ROI (TTM) | 22.44% |
| Return on Investment (TTM) | 22.44% |
| Earning Yield | 0.0422 |
| LT Debt / Shareholders Equity | 1.035 |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (10-31-25) | 5.03% |
| Effective Duration | 1.21 |
| Average Coupon | 4.89% |
| Calculated Average Quality | 3.083 |
| Effective Maturity | 13.99 |
| Nominal Maturity | 14.29 |
| Number of Bond Holdings | 0 |
As of October 31, 2025
Growth Metrics
| EPS Growth (1Y) | 28.77% |
| EPS Growth (3Y) | 16.45% |
| EPS Growth (5Y) | 20.49% |
| Sales Growth (1Y) | 15.07% |
| Sales Growth (3Y) | 13.40% |
| Sales Growth (5Y) | 14.54% |
| Sales per Share Growth (1Y) | 19.75% |
| Sales per Share Growth (3Y) | 14.66% |
| Operating Cash Flow - Growth Rate (3Y) | 21.32% |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/31/2019 |
| Last Annual Report Date | 8/31/2025 |
| Last Prospectus Date | 12/30/2024 |
| Share Classes | |
| PAGJX | Retirement |
| PAGKX | Retirement |
| PAGOX | Retirement |
| PALZX | Inst |
| PBAMX | Retirement |
| PBAOX | Retirement |
| PCCLX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Synthetic Replication 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:PBBZX", "name") |
| Broad Asset Class: =YCI("M:PBBZX", "broad_asset_class") |
| Broad Category: =YCI("M:PBBZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PBBZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |