- ISIN
- US74686J5002
- Issuer
- Putnam
- Inception Date
- Dec 30, 2019
- Category
- Target Retirement Date
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
PADLX Performance Chart
Putnam Retirement Advantage Maturity Fund (PADLX) is up 3.8% since the beginning of the year. PADLX is currently trading at $11 per share. Investors who bought $1,000 worth of PADLX shares 5 years ago would now be looking at an investment worth $1,200.
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Returns By Period
Putnam Retirement Advantage Maturity Fund (PADLX) has returned 3.78% so far this year and 12.46% over the past 12 months.
Putnam Retirement Advantage Maturity Fund
- 1D
- 0.00%
- 1M
- -0.12%
- YTD
- 3.78%
- 6M
- 4.50%
- 1Y
- 12.46%
- 3Y*
- 10.00%
- 5Y*
- 3.72%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.26%
- 1M
- -0.17%
- YTD
- 7.91%
- 6M
- 7.98%
- 1Y
- 22.99%
- 3Y*
- 19.77%
- 5Y*
- 11.75%
- 10Y*
- 13.42%
PADLX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2020, PADLX's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, an investment would double in approximately 14.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +5.4%, while the worst month was Mar 2020 at -4.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PADLX closed higher 49% of trading days. The best single day was Mar 13, 2020 with a return of +2.8%, while the worst single day was Mar 12, 2020 at -4.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.28% | 1.14% | -2.28% | 2.79% | 1.84% | -0.96% | 3.78% | ||||||
| 2025 | 1.21% | 0.75% | -1.61% | -0.05% | 1.50% | 2.27% | 0.78% | 1.64% | 1.52% | 1.16% | 0.61% | 0.61% | 10.83% |
| 2024 | 0.56% | 0.85% | 2.22% | -2.36% | 2.53% | 1.21% | 2.27% | 1.48% | 1.35% | -1.62% | 2.04% | -2.32% | 8.34% |
| 2023 | 3.68% | -1.92% | 1.60% | 0.54% | -0.67% | 1.48% | 1.17% | -0.77% | -2.14% | -1.74% | 5.36% | 4.25% | 11.01% |
| 2022 | -2.68% | -1.24% | -0.87% | -4.76% | 0.82% | -4.45% | 3.92% | -2.75% | -4.50% | 2.02% | 3.44% | -1.76% | -12.54% |
| 2021 | -0.28% | 0.19% | 0.66% | 1.59% | 0.64% | 1.46% | 0.72% | 0.89% | -1.95% | 1.26% | -0.36% | -1.86% | 2.93% |
Benchmark Metrics
Putnam Retirement Advantage Maturity Fund has an annualized alpha of 0.40%, beta of 0.30, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.
- This fund participated in 47.53% of S&P 500 Index downside but only 33.32% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.30 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.40%
- Beta
- 0.30
- R²
- 0.66
- Upside Capture
- 33.32%
- Downside Capture
- 47.53%
Expense Ratio
PADLX has an expense ratio of 0.22%, which is considered low.
Return for Risk
Risk / Return Rank
PADLX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Putnam Retirement Advantage Maturity Fund (PADLX) and compare them to S&P 500 Index.
| PADLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.35 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | 2.54 | +0.94 |
| Martin ratioReturn relative to average drawdown | 15.11 | 11.58 | +3.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Putnam Retirement Advantage Maturity Fund provided a 4.99% dividend yield over the last twelve months, with an annual payout of $0.57 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.57 | $0.56 | $0.39 | $0.29 | $0.10 | $0.16 | $0.18 |
Dividend yield | 4.99% | 5.03% | 3.71% | 2.91% | 1.01% | 1.45% | 1.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Retirement Advantage Maturity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.02 | $0.02 | $0.04 | $0.04 | $0.04 | $0.00 | $0.16 | ||||||
| 2025 | $0.04 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.06 | $0.04 | $0.04 | $0.04 | $0.17 | $0.56 |
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.00 | $0.39 |
| 2023 | $0.00 | $0.00 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.04 | $0.05 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Retirement Advantage Maturity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam Retirement Advantage Maturity Fund was 18.87%, occurring on Oct 14, 2022. Recovery took 436 trading sessions.
The current Putnam Retirement Advantage Maturity Fund drawdown is 1.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -18.87%Oct 2022 | 11mo 8d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
COVID crash2020 | -13.44%Mar 2020 | 29d | 3mo 20d | 4mo 19dFeb 2020 - Jul 2020 |
2025 selloff2025 | -6.63%Apr 2025 | 4mo | 2mo 17d | 6mo 17dDec 2024 - Jun 2025 |
2026 pullback2026 | -3.63%Mar 2026 | 29d | 21d | 1mo 20dFeb 2026 - Apr 2026 |
2020 pullback2020 | -3.21%Oct 2020 | 1mo 27d | 14d | 2mo 11dSep 2020 - Nov 2020 |
Drawdown Indicators
| PADLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.87% | -56.78% | +37.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.63% | -9.10% | +5.47% |
Max Drawdown (3Y)Largest decline over 3 years | -6.63% | -18.90% | +12.27% |
Max Drawdown (5Y)Largest decline over 5 years | -18.87% | -25.43% | +6.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.05% | -2.93% | +1.88% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -10.72% | +5.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 1.99% | -1.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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