Putnam Retirement Advantage 2055 Fund (PACJX)
Putnam Retirement Advantage 2055 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $14.62, up 0.41% on the session, giving a market capitalisation of $26.4M. Its beta of 1.11 implies it has historically moved more than the broad market.
This fund is strategically structured for individuals who anticipate retiring or beginning regular withdrawals from their investments around the year 2055, serving as its specific target date. Its core purpose is to deliver broad investment diversification across various asset classes, a goal it achieves by allocating its capital among a range of other Putnam mutual funds, often termed underlying funds.
Putnam Retirement Advantage 2055 Fund is most often compared with the following Financial Services names: