# Franklin Retirement Advantage 2055 R6 (PACJX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pacjx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Equity - Strategy: Actively Managed · Inception: 2020-01-02 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. ## Key Facts | Metric | Value | |---|---| | Price | $14.19 | | Expense Ratio | 0.45% | | Assets Under Management | $28.5M | | NAV | $14.19 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 9.04% | | Annual Distribution (TTM) | $1.28 /share | | Distribution Frequency | Annual | | 52-Week Range | $12.37 – $14.72 | | Beta | 1.11 | ## Latest Distribution - Amount: $1.2829 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-30 ## Frequently Asked Questions ### 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? Franklin Retirement Advantage 2055 R6 (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? Franklin Retirement Advantage 2055 R6 (PACJX) manages $28.5M 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PACJX's is 0.45%) in exchange for the discretion to over- or under-weight positions. ### When was PACJX launched? Franklin Retirement Advantage 2055 R6 (PACJX) launched in January 2020 and is managed by Franklin Templeton. ### 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. ### Does PACJX pay a dividend? Franklin Retirement Advantage 2055 R6 (PACJX) currently distributes little or no income. Trailing-twelve-month yield is 9.04%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PACJX pay dividends? Franklin Retirement Advantage 2055 R6 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PACJX's dividend yield? PACJX's trailing-twelve-month yield is 9.04%, calculated from the sum of dividends over the past year divided by the current price. ### When is PACJX's next ex-dividend date? The most recently announced ex-dividend date for PACJX was 2025-12-30. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PACJX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.45% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PACJX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PACJX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PACJX cost more than a fund like VOO? PACJX is actively managed (current expense ratio 0.45%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PACJX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PACJX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PACJX (0.45%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pacjx - Distribution history: https://www.dividenddata.com/funds/pacjx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pacjx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pacjx/expenses - Peer comparison: https://www.dividenddata.com/funds/pacjx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.