PAEZX Performance — Putnam Retirement Advantage 2050 Fund, Class A
Data updated: 2026-07-27
PAEZX returned +9.74% year to date and +25.52% over one year to May 2026. Annualised returns are +21.12% over 3 years and +11.02% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $178, against $155 for the category, and to $126 over one year, against $121. Volatility over the past three years was 10.80% a year. In the 12 months to May 2026 the fund took in a net $7.0M, and assets reached $34.79M.
PAEZX Growth of $100
What $100 invested in Putnam Retirement Advantage 2050 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | PAEZX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $126 | $121 |
| 3 years (Jun 2023 – May 2026) | $178 | $155 |
| 5 years (Jun 2021 – May 2026) | $169 | $144 |
| Since data start (Sep 2020 – May 2026) | $204 | $169 |
PAEZX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.74% |
| 1 year | +25.52% |
| 3 years (annualised) | +21.12% |
| 5 years (annualised) | +11.02% |
PAEZX Annual Returns
Calendar-year total returns of Putnam Retirement Advantage 2050 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.74% |
| 2025 | +16.22% |
| 2024 | +23.08% |
| 2023 | +18.54% |
| 2022 | −10.21% |
| 2021 | +13.55% |
| 2020 (Sep–Dec) | +7.50% |
PAEZX 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 | +2.3% | +0.9% | −4.6% | +7.6% | +3.6% | — | — | — | — | — | — | — |
| 2025 | +2.9% | −2.5% | −4.0% | +0.6% | +4.9% | +4.2% | +0.9% | +2.5% | +3.2% | +1.5% | +0.4% | +0.9% |
| 2024 | +1.6% | +4.8% | +4.6% | −3.3% | +3.6% | +2.5% | +1.4% | +2.3% | +4.4% | −1.7% | +1.5% | −0.4% |
| 2023 | +6.2% | −4.3% | −0.2% | +1.1% | +2.1% | −1.8% | +2.8% | +5.1% | +8.2% | −2.1% | −3.4% | +4.3% |
| 2022 | −4.8% | +3.2% | +0.3% | −7.5% | +1.7% | −3.1% | +7.0% | −8.0% | +6.0% | +5.9% | −7.9% | −1.8% |
| 2021 | −0.1% | +4.3% | +1.4% | +3.9% | +2.5% | +2.5% | +0.8% | +2.0% | −1.7% | +4.3% | −4.2% | −2.5% |
| 2020 | — | — | — | — | — | — | — | — | +10.3% | −2.1% | −2.9% | +2.6% |
PAEZX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 10.80%
- 3-year Sharpe ratio: 1.54 (vs 4.5% risk-free rate)
- Best month: +8.18% (Sep 2023)
- Worst month: −4.64% (Mar 2026)
PAEZX Fund Flows
Monthly money in and out of Putnam Retirement Advantage 2050 Fund, from SEC Form N-PORT.
- 12-month net flow: $7.0M
- 12-month gross sales (incl. reinvestments): $11.5M
- Sales ÷ redemptions: 2.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $568K | $332K | $236K |
| Apr 2026 | $541K | $601K | −$59K |
| Mar 2026 | $1.4M | $194K | $1.2M |
| Feb 2026 | $636K | $391K | $245K |
| Jan 2026 | $635K | $282K | $353K |
| Dec 2025 | $3.7M | $578K | $3.1M |
| Nov 2025 | $1.3M | $144K | $1.1M |
| Oct 2025 | $860K | $193K | $667K |
| Sep 2025 | $437K | $426K | $11K |
| Aug 2025 | $545K | $876K | −$331K |
| Jul 2025 | $460K | $342K | $119K |
| Jun 2025 | $360K | $54K | $306K |
PAEZX Assets Under Management
Net assets of Putnam Retirement Advantage 2050 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $34.79M |
| 2026-02-28 | $31.24M |
| 2025-11-30 | $28.98M |
| 2025-08-31 | $25.80M |
| 2025-05-31 | $23.82M |
| 2025-02-28 | $23.00M |
| 2024-11-30 | $18.90M |
| 2024-08-31 | $17.27M |
| 2024-05-31 | $10.30M |
| 2024-02-29 | $7.36M |
| 2023-11-30 | $6.68M |
| 2023-08-31 | $6.10M |
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.