# Putnam Retirement Advantage 2040 Fund

Putnam Retirement Advantage 2040 Fund is a registered fund series of Putnam Target Date Funds (series S000067468). Net assets $48.2M as of 2026-05-31.

## Profile

- Series ID: S000067468
- Registrant: Putnam Target Date Funds
- LEI: 5493008F2OF7KJ4RK080
- Net assets: $48.2M
- Total assets: $48.2M
- As of: 2026-05-31

## 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 (3 reported)

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| Putnam Dynamic Asset Allocation Balanced Fund | — | $27.1M | 5629.94% |
| Putnam Dynamic Asset Allocation Growth Fund | — | $19.4M | 4031.81% |
| [Putnam Short Term Investment Fund](https://search.stillhousedata.com/security/74676A451) | — | $1.6M | 336.01% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $48.2M |
| 2026-02-28 | $45.0M |
| 2025-11-30 | $40.7M |
| 2025-08-31 | $38.6M |
| 2025-05-31 | $37.6M |
| 2025-02-28 | $33.2M |
| 2024-11-30 | $27.4M |
| 2024-08-31 | $23.4M |

## More

- [Registrant: Putnam Target Date Funds](https://search.stillhousedata.com/registrant/1295293)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000067468.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.