# Putnam Retirement Advantage Plus 2045 Fund

Putnam Retirement Advantage Plus 2045 Fund is a registered fund series of Putnam Target Date Funds (series S000003997). Net assets $359.9M as of 2026-04-30.

## Profile

- Series ID: S000003997
- Registrant: Putnam Target Date Funds
- LEI: 5493009UZLRVQLELFH10
- Net assets: $359.9M
- Total assets: $360.1M
- As of: 2026-04-30

## Advisers

- [Franklin Advisers, Inc. (Advisor)](https://search.stillhousedata.com/firm/104517)
- [Putnam Investment Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/106629)
- [Franklin Templeton Investment Management Limited (Subadvisor)](https://search.stillhousedata.com/firm/111360)

## Top holdings (6 reported)

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| Putnam Dynamic Asset Allocation Growth Fund | — | $306.8M | 8526.39% |
| Putnam Dynamic Asset Allocation Equity Fund | — | $26.0M | 721.76% |
| [Putnam Short Term Investment Fund](https://search.stillhousedata.com/security/74676A451) | — | $9.4M | 260.01% |
| [Franklin BSP Lending Fund](https://search.stillhousedata.com/security/35243L502) | — | $7.2M | 199.94% |
| [Clarion Partners Real Estate Income Fund, Inc.](https://search.stillhousedata.com/security/180567406) | — | $7.2M | 199.17% |
| Putnam Dynamic Asset Allocation Balanced Fund | — | $3.0M | 84.74% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-04-30 | $359.9M |
| 2026-01-31 | $351.8M |
| 2025-10-31 | $338.0M |
| 2025-07-31 | $306.9M |
| 2025-04-30 | $269.0M |
| 2025-01-31 | $273.6M |
| 2024-10-31 | $248.3M |
| 2024-07-31 | $218.5M |

## More

- [Registrant: Putnam Target Date Funds](https://search.stillhousedata.com/registrant/1295293)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000003997.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.