C000221980 Performance — Putnam Retirement Advantage 2025 Fund, Class R3
Data updated: 2025-07-25
C000221980 returned +6.95% over one year to May 2025. The annualised 3-year return is +5.59%. The fund trailed its Target-Date category average: $100 invested three years ago grew to $118, against $127 for the category, and to $107 over one year, against $110. Volatility over the past three years was 8.42% a year. In the 12 months to May 2025 the fund took in a net $4.3M, and assets reached $22.01M.
C000221980 Growth of $100
What $100 invested in Putnam Retirement Advantage 2025 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | C000221980 | Category average |
|---|---|---|
| 1 year (Jun 2024 – May 2025) | $107 | $110 |
| 3 years (Jun 2022 – May 2025) | $118 | $127 |
| Since data start (Sep 2020 – May 2025) | $118 | $139 |
C000221980 Trailing Returns
Total returns to May 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.95% |
| 3 years (annualised) | +5.59% |
C000221980 Annual Returns
Calendar-year total returns of Putnam Retirement Advantage 2025 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–May) | −0.77% |
| 2024 | +15.52% |
| 2023 | +7.92% |
| 2022 | −11.35% |
| 2021 | +5.24% |
| 2020 (Sep–Dec) | +2.27% |
C000221980 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.3% | −1.7% | −1.6% | −0.1% | +1.4% | — | — | — | — | — | — | — |
| 2024 | +0.6% | +4.1% | +2.6% | −2.5% | +2.2% | +1.6% | +2.0% | +1.3% | +2.1% | −1.7% | +1.3% | +0.9% |
| 2023 | +3.8% | −1.8% | −0.7% | +0.8% | +1.6% | −0.7% | +1.1% | +1.6% | +5.4% | −1.7% | −2.3% | +1.0% |
| 2022 | −2.9% | +1.2% | +0.5% | −4.9% | −0.8% | −2.5% | +4.0% | −4.5% | +3.8% | +1.7% | −5.1% | −1.8% |
| 2021 | −0.5% | +1.8% | +0.9% | +1.9% | +0.7% | +1.0% | +0.8% | +1.5% | −0.6% | +1.4% | −2.2% | −1.5% |
| 2020 | — | — | — | — | — | — | — | — | +5.0% | −1.4% | −1.5% | +0.3% |
C000221980 Risk
Risk measures from monthly returns over Jun 2022 – May 2025.
- 3-year volatility (annualised): 8.42%
- 3-year Sharpe ratio: 0.13 (vs 4.5% risk-free rate)
- Best month: +5.44% (Sep 2023)
- Worst month: −5.11% (Nov 2022)
C000221980 Fund Flows
Monthly money in and out of Putnam Retirement Advantage 2025 Fund, from SEC Form N-PORT.
- 12-month net flow: $4.3M
- 12-month gross sales (incl. reinvestments): $10.1M
- Sales ÷ redemptions: 1.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2025 | $2.1M | $248K | $1.8M |
| Apr 2025 | $228K | $220K | $8K |
| Mar 2025 | $550K | $45K | $505K |
| Feb 2025 | $1.3M | $930K | $382K |
| Jan 2025 | $1.9M | $149K | $1.7M |
| Dec 2024 | $358K | $1.1M | −$758K |
| Nov 2024 | $932K | $242K | $690K |
| Oct 2024 | $832K | $201K | $632K |
| Sep 2024 | $173K | $1.1M | −$971K |
| Aug 2024 | $387K | $319K | $68K |
| Jul 2024 | $158K | $128K | $30K |
| Jun 2024 | $1.2M | $1.1M | $121K |
C000221980 Assets Under Management
Net assets of Putnam Retirement Advantage 2025 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-05-31 | $22.01M |
| 2025-02-28 | $19.66M |
| 2024-11-30 | $18.84M |
| 2024-08-31 | $18.15M |
| 2024-05-31 | $17.04M |
| 2024-02-29 | $13.36M |
| 2023-11-30 | $14.03M |
| 2023-08-31 | $12.52M |
| 2023-05-31 | $12.63M |
| 2023-02-28 | $12.73M |
| 2022-11-30 | $12.98M |
| 2022-08-31 | $12.61M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.