# Putnam Retirement Advantage 2025 Fund — new fund registration

Putnam Target Date Funds registered fund series on Form 485APOS, filed 2020-07-02. Featured series: Putnam Retirement Advantage 2025 Fund.

## Registration

- Registrant / trust: Putnam Target Date Funds
- CIK: 0001295293
- Form: 485APOS
- Filed: 2020-07-02
- State of incorporation: MA
- Accession: 0000928816-20-000714
- Reported net assets: $22.0M

## Series & classes (50)

_Showing 25 of 50 series/class rows._

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [Putnam Retirement Advantage 2025 Fund](https://search.stillhousedata.com/fund/S000067464) | Class Y Shares | — | — |
| [Putnam Retirement Advantage 2025 Fund](https://search.stillhousedata.com/fund/S000067464) | Class R6 Shares | — | — |
| [Putnam Retirement Advantage 2025 Fund](https://search.stillhousedata.com/fund/S000067464) | Class R Shares | — | — |
| [Putnam Retirement Advantage 2025 Fund](https://search.stillhousedata.com/fund/S000067464) | Class C Shares | — | — |
| [Putnam Retirement Advantage 2025 Fund](https://search.stillhousedata.com/fund/S000067464) | Class A Shares | — | — |
| [Putnam Retirement Advantage Maturity Fund](https://search.stillhousedata.com/fund/S000067465) | Class A Shares | POMGX | — |
| [Putnam Retirement Advantage Maturity Fund](https://search.stillhousedata.com/fund/S000067465) | Class C Shares | PLFGX | — |
| [Putnam Retirement Advantage Maturity Fund](https://search.stillhousedata.com/fund/S000067465) | Class R Shares | PAKYX | — |
| [Putnam Retirement Advantage Maturity Fund](https://search.stillhousedata.com/fund/S000067465) | Class Y Shares | PAETX | — |
| [Putnam Retirement Advantage Maturity Fund](https://search.stillhousedata.com/fund/S000067465) | Class R6 Shares | PADLX | — |
| [Putnam Retirement Advantage 2030 Fund](https://search.stillhousedata.com/fund/S000067466) | Class C Shares | PDLKX | — |
| [Putnam Retirement Advantage 2030 Fund](https://search.stillhousedata.com/fund/S000067466) | Class R Shares | PDKAX | — |
| [Putnam Retirement Advantage 2030 Fund](https://search.stillhousedata.com/fund/S000067466) | Class R6 Shares | PDIZX | — |
| [Putnam Retirement Advantage 2030 Fund](https://search.stillhousedata.com/fund/S000067466) | Class Y Shares | PDGKX | — |
| [Putnam Retirement Advantage 2030 Fund](https://search.stillhousedata.com/fund/S000067466) | Class A Shares | PDLTX | — |
| [Putnam Retirement Advantage 2035 Fund](https://search.stillhousedata.com/fund/S000067467) | Class A Shares | PDFLX | — |
| [Putnam Retirement Advantage 2035 Fund](https://search.stillhousedata.com/fund/S000067467) | Class C Shares | PDAWX | — |
| [Putnam Retirement Advantage 2035 Fund](https://search.stillhousedata.com/fund/S000067467) | Class R Shares | PDAKX | — |
| [Putnam Retirement Advantage 2035 Fund](https://search.stillhousedata.com/fund/S000067467) | Class R6 Shares | PCDLX | — |
| [Putnam Retirement Advantage 2035 Fund](https://search.stillhousedata.com/fund/S000067467) | Class Y Shares | POWYX | — |
| [Putnam Retirement Advantage 2040 Fund](https://search.stillhousedata.com/fund/S000067468) | Class C Shares | PBBZX | — |
| [Putnam Retirement Advantage 2040 Fund](https://search.stillhousedata.com/fund/S000067468) | Class R Shares | PBAOX | — |
| [Putnam Retirement Advantage 2040 Fund](https://search.stillhousedata.com/fund/S000067468) | Class R6 Shares | PBAMX | — |
| [Putnam Retirement Advantage 2040 Fund](https://search.stillhousedata.com/fund/S000067468) | Class Y Shares | PALZX | — |
| [Putnam Retirement Advantage 2040 Fund](https://search.stillhousedata.com/fund/S000067468) | Class A Shares | PCCLX | — |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.00%
- Gross expense ratio: 1.67%
- Management fee: 0.37%
- Net expense ratio: 0.55%
- Other expenses: 0.89%

## Investment objective

Putnam Retirement Advantage 2025 Fund seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date.

## Advisers

- [Franklin Advisors, Inc. (Advisor)](https://search.stillhousedata.com/firm/104517)
- [Putnam Investment Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/106629)
- [Putnam Investments Limited (Subadvisor)](https://search.stillhousedata.com/firm/122254)

## Other filings by this registrant (15)

- [485APOS — 2025-12-22](https://search.stillhousedata.com/launch/0001193125-25-328931)
- [485APOS — 2025-05-01 (16 new series)](https://search.stillhousedata.com/launch/0001193125-25-109708)
- [485APOS — 2022-12-09](https://search.stillhousedata.com/launch/0000928816-22-001312)
- [485APOS — 2022-07-01](https://search.stillhousedata.com/launch/0000928816-22-000737)
- [485APOS — 2020-12-11](https://search.stillhousedata.com/launch/0000928816-20-001423)
- [485APOS — 2020-10-19 (9 new series)](https://search.stillhousedata.com/launch/0000928816-20-001198)
- [485APOS — 2020-10-16 (9 new series)](https://search.stillhousedata.com/launch/0000928816-20-001182)
- [485APOS — 2020-07-31](https://search.stillhousedata.com/launch/0000928816-20-000773)
- [485APOS — 2019-10-17 (60 new series)](https://search.stillhousedata.com/launch/0000928816-19-001710)
- [485APOS — 2015-09-14 (6 new series)](https://search.stillhousedata.com/launch/0000928816-15-001298)
- [485APOS — 2010-09-16 (6 new series)](https://search.stillhousedata.com/launch/0000928816-10-001098)
- [485APOS — 2009-09-18](https://search.stillhousedata.com/launch/0000928816-09-000998)

## More

- [Registrant profile: Putnam Target Date Funds](https://search.stillhousedata.com/registrant/1295293)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0000928816-20-000714.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.
