- What does PACJX invest in?
- This fund is strategically structured for individuals who anticipate retiring or beginning regular withdrawals from their investments around the year 2055, serving as its specific target date. Its core purpose is to deliver broad investment diversification across various asset classes, a goal it achieves by allocating its capital among a range of other Putnam mutual funds, often termed underlying funds.
- What is the expense ratio of PACJX?
- Putnam Retirement Advantage 2055 Fund (PACJX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PACJX?
- Putnam Retirement Advantage 2055 Fund (PACJX) manages $25.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PACJX actively managed or an index fund?
- PACJX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was PACJX launched?
- Putnam Retirement Advantage 2055 Fund (PACJX) launched in January 2020 and is managed by the fund issuer.
- How has PACJX performed?
- PACJX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
