PAAMX Performance — Putnam Retirement Advantage 2060 Fund, Class R
Data updated: 2026-07-27
PAAMX returned +10.44% year to date and +26.94% over one year to May 2026. Annualised returns are +22.36% over 3 years and +11.72% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $183, against $155 for the category, and to $127 over one year, against $121. Volatility over the past three years was 11.79% a year. In the 12 months to May 2026 the fund took in a net $5.1M, and assets reached $19.71M.
PAAMX Growth of $100
What $100 invested in Putnam Retirement Advantage 2060 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | PAAMX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $127 | $121 |
| 3 years (Jun 2023 – May 2026) | $183 | $155 |
| 5 years (Jun 2021 – May 2026) | $174 | $144 |
| Since data start (Sep 2020 – May 2026) | $212 | $169 |
PAAMX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.44% |
| 1 year | +26.94% |
| 3 years (annualised) | +22.36% |
| 5 years (annualised) | +11.72% |
PAAMX Annual Returns
Calendar-year total returns of Putnam Retirement Advantage 2060 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +10.44% |
| 2025 | +16.96% |
| 2024 | +23.96% |
| 2023 | +20.22% |
| 2022 | −10.47% |
| 2021 | +14.37% |
| 2020 (Sep–Dec) | +7.69% |
PAAMX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.7% | +0.8% | −5.2% | +8.3% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +2.9% | −2.6% | −4.3% | +0.6% | +5.5% | +4.4% | +0.9% | +2.7% | +3.3% | +1.5% | +0.3% | +0.9% |
| 2024 | +1.6% | +5.1% | +4.9% | −3.6% | +3.7% | +2.8% | +1.2% | +2.6% | +4.7% | −1.6% | +1.5% | −0.7% |
| 2023 | +6.8% | −5.1% | −0.1% | +1.2% | +2.5% | −1.9% | +3.1% | +5.9% | +8.8% | −2.2% | −4.0% | +4.8% |
| 2022 | −5.2% | +3.5% | +0.2% | −8.2% | +2.1% | −3.4% | +7.6% | −8.4% | +6.5% | +6.7% | −8.6% | −1.8% |
| 2021 | −0.1% | +4.6% | +1.4% | +4.1% | +2.7% | +2.6% | +0.8% | +2.2% | −1.9% | +4.8% | −4.5% | −2.7% |
| 2020 | — | — | — | — | — | — | — | — | +11.0% | −2.2% | −3.4% | +2.7% |
PAAMX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.79%
- 3-year Sharpe ratio: 1.52 (vs 4.5% risk-free rate)
- Best month: +8.77% (Sep 2023)
- Worst month: −5.20% (Mar 2026)
PAAMX Fund Flows
Monthly money in and out of Putnam Retirement Advantage 2060 Fund, from SEC Form N-PORT.
- 12-month net flow: $5.1M
- 12-month gross sales (incl. reinvestments): $7.8M
- Sales ÷ redemptions: 2.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $401K | $125K | $276K |
| Apr 2026 | $494K | $267K | $227K |
| Mar 2026 | $880K | $167K | $713K |
| Feb 2026 | $511K | $412K | $99K |
| Jan 2026 | $826K | $135K | $691K |
| Dec 2025 | $2.4M | $136K | $2.3M |
| Nov 2025 | $599K | $57K | $542K |
| Oct 2025 | $208K | $217K | −$9K |
| Sep 2025 | $300K | $115K | $184K |
| Aug 2025 | $435K | $539K | −$104K |
| Jul 2025 | $410K | $381K | $29K |
| Jun 2025 | $343K | $173K | $170K |
PAAMX Assets Under Management
Net assets of Putnam Retirement Advantage 2060 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $19.71M |
| 2026-02-28 | $17.19M |
| 2025-11-30 | $14.73M |
| 2025-08-31 | $13.28M |
| 2025-05-31 | $12.15M |
| 2025-02-28 | $10.43M |
| 2024-11-30 | $8.51M |
| 2024-08-31 | $7.39M |
| 2024-05-31 | $4.64M |
| 2024-02-29 | $3.47M |
| 2023-11-30 | $2.92M |
| 2023-08-31 | $2.52M |
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.