PRRUX

About PRRUX

Putnam Sustainable Retirement 2050 Fund Y is an actively managed target-date mutual fund designed for investors planning to retire around the year 2050. Its primary aim is to provide a balance between capital appreciation and current income, with the fund’s focus gradually shifting from growth-oriented investments to a greater emphasis on income generation as the target date approaches. The fund strategically invests in a diversified mix of underlying funds, primarily Exchange Traded Funds (ETFs) that incorporate environmental, social, and governance (ESG) criteria. This sustainable approach is reflected in its significant holdings in companies recognized for responsible practices and in its allocation across both equity and fixed income securities, targeting global exposure and sector diversity. Putnam Sustainable Retirement 2050 Fund Y plays a key role in helping long-term investors, such as those saving for retirement, to align their investment goals with sustainable values, while benefiting from professional management and automatic rebalancing as market dynamics and retirement timelines evolve.