PCKBX Performance — Putnam Retirement Advantage 2065 Fund, Class C
Data updated: 2026-07-27
PCKBX returned +10.53% year to date and +27.20% over one year to May 2026. Annualised returns are +22.41% over 3 years and +11.59% 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 12.09% a year. In the 12 months to May 2026 the fund took in a net $1.8M, and assets reached $5.78M.
PCKBX Growth of $100
What $100 invested in Putnam Retirement Advantage 2065 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | PCKBX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $127 | $121 |
| 3 years (Jun 2023 – May 2026) | $183 | $155 |
| 5 years (Jun 2021 – May 2026) | $173 | $144 |
| Since data start (Dec 2020 – May 2026) | $192 | $157 |
PCKBX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.53% |
| 1 year | +27.20% |
| 3 years (annualised) | +22.41% |
| 5 years (annualised) | +11.59% |
PCKBX Annual Returns
Calendar-year total returns of Putnam Retirement Advantage 2065 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +10.53% |
| 2025 | +17.03% |
| 2024 | +23.78% |
| 2023 | +20.31% |
| 2022 | −10.87% |
| 2021 (Jan–Dec) | +9.18% |
| 2020 (Dec–Dec) | +2.58% |
PCKBX 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% | −5.4% | +8.6% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +3.0% | −2.7% | −4.5% | +0.5% | +5.7% | +4.5% | +1.1% | +2.7% | +3.5% | +1.4% | +0.3% | +0.9% |
| 2024 | +1.5% | +5.1% | +5.0% | −3.6% | +3.8% | +2.8% | +1.2% | +2.6% | +4.8% | −1.7% | +1.5% | −1.0% |
| 2023 | +6.9% | −5.2% | −0.1% | +1.2% | +2.5% | −2.1% | +3.1% | +6.0% | +8.8% | −2.2% | −4.1% | +4.8% |
| 2022 | −5.3% | +3.5% | +0.1% | −8.2% | +2.1% | −3.4% | +7.6% | −8.4% | +6.4% | +6.9% | −8.7% | −1.9% |
| 2021 | −0.1% | — | +1.4% | +4.2% | +2.7% | +2.6% | +0.8% | +2.1% | −1.9% | +4.9% | −4.7% | −2.7% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | +2.6% |
PCKBX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 12.09%
- 3-year Sharpe ratio: 1.48 (vs 4.5% risk-free rate)
- Best month: +8.84% (Sep 2023)
- Worst month: −5.38% (Mar 2026)
PCKBX Fund Flows
Monthly money in and out of Putnam Retirement Advantage 2065 Fund, from SEC Form N-PORT.
- 12-month net flow: $1.8M
- 12-month gross sales (incl. reinvestments): $3.5M
- Sales ÷ redemptions: 2.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $209K | $37K | $172K |
| Apr 2026 | $186K | $51K | $135K |
| Mar 2026 | $820K | $30K | $790K |
| Feb 2026 | $216K | $53K | $163K |
| Jan 2026 | $203K | $490K | −$287K |
| Dec 2025 | $498K | $80K | $419K |
| Nov 2025 | $449K | $99K | $350K |
| Oct 2025 | $188K | $73K | $114K |
| Sep 2025 | $248K | $121K | $128K |
| Aug 2025 | $153K | $195K | −$42K |
| Jul 2025 | $176K | $72K | $104K |
| Jun 2025 | $105K | $374K | −$269K |
PCKBX Assets Under Management
Net assets of Putnam Retirement Advantage 2065 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $5.78M |
| 2026-02-28 | $4.26M |
| 2025-11-30 | $4.07M |
| 2025-08-31 | $3.29M |
| 2025-05-31 | $3.23M |
| 2025-02-28 | $2.39M |
| 2024-11-30 | $1.28M |
| 2024-08-31 | $1.13M |
| 2024-05-31 | $1.00M |
| 2024-02-29 | $708.45K |
| 2023-11-30 | $578.86K |
| 2023-08-31 | $523.23K |
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.