PAETX Fees and Costs — Putnam Retirement Advantage Maturity Fund, Class Y
Data updated: 2026-07-27
The net expense ratio is 0.55% (2.08% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 58%.
PAETX Fees and Expenses
Annual operating expenses and sales charges of PAETX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.28% |
| Gross expense ratio | 2.08% |
| Fee waiver | −1.53% |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PAETX Costs Over Time
On $10,000 invested in PAETX, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.55%) | $58 | $181 | $315 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
PAETX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
Putnam Retirement Advantage Maturity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PADLX | Class R6 | 0.45% | none |
| PAETX | Class Y | 0.55% | none |
| PAHOX | Class R5 | 0.55% | none |
| PAHNX | Class R4 | 0.70% | none |
| POMGX | Class A | 0.80% | 4.00% |
| PAHMX | Class R3 | 0.95% | none |
| PAKYX | Class R | 1.20% | none |
| PLFGX | Class C | 1.55% | none |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.