0000869392-24-001517.txt : 20240726 0000869392-24-001517.hdr.sgml : 20240726 20240726162924 ACCESSION NUMBER: 0000869392-24-001517 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240531 FILED AS OF DATE: 20240726 DATE AS OF CHANGE: 20240726 PERIOD START: 20240831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Putnam Target Date Funds CENTRAL INDEX KEY: 0001295293 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21598 FILM NUMBER: 241147328 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: Putnam RetirementReady Funds DATE OF NAME CHANGE: 20040624 0001295293 S000067465 Putnam Retirement Advantage Maturity Fund C000216903 Class A Shares POMGX C000216905 Class C Shares PLFGX C000216906 Class R Shares PAKYX C000216907 Class Y Shares PAETX C000216908 Class R6 Shares PADLX C000221981 Class R3 Shares PAHMX C000221982 Class R4 Shares PAHNX C000221983 Class R5 Shares PAHOX NPORT-P 1 primary_doc.xml NPORT-P false 0001295293 XXXXXXXX S000067465 C000216903 C000216905 C000216906 C000216907 C000221982 C000221981 C000216908 C000221983 Putnam Target Date Funds 811-21598 0001295293 5493005X9RIMZKJNE675 100 FEDERAL STREET BOSTON 02110 1-800-225-1581 Putnam Retirement Advantage Maturity Fund S000067465 549300U01BZP8C6BX016 2024-08-31 2024-05-31 N 13959935.97 30235.98 13929699.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N PUTNAM SHORT TERM INVESTMENT FUND 5493003MK0Q7JP8CPP42 MUTUAL FUND 74676A451 841285.63 NS USD 841285.63 6.039510048371 Long EC RF US N 2 N N N PUTNAM MULTI-ASSET INCOME FUND N/A MUTUAL FUND N/A 1263284.19 NS USD 13087624.17 93.954817324070 Long EC RF US N 1 N N N 2024-07-26 Putnam Target Date Funds Kevin R Blatchford Kevin R Blatchford Assistant Treasurer XXXX NPORT-EX 2 b_uv4nport053124.htm QUARTERLY PORTFOLIO HOLDINGS
Putnam Retirement Advantage Maturity Fund
The fund's portfolio
5/31/24 (Unaudited)


MULTI-ASSET INCOME FUNDS (94.0%)(a)
        Shares Value
Putnam Multi-Asset Income Fund Class P(AFF) 1,263,518 $13,090,047
Total multi-asset income funds (cost $12,565,603) $13,090,047








SHORT-TERM INVESTMENTS (6.1%)(a)
        Shares Value
Putnam Short Term Investment Fund Class G 5.46%(AFF) 845,589 $845,589
Total short-term investments (cost $845,589) $845,589
TOTAL INVESTMENTS
Total investments (cost $13,411,192) $13,935,636












Notes to the fund's portfolio
* Percentages indicated are based on net assets of $13,932,286.
Unless noted otherwise, the notes to the funds' portfolios are for the close of each fund's reporting period, which ran from September 1, 2023 through May 31, 2024 (the reporting period). Within the following notes to the portfolio, references to "ASC 820" represent Accounting Standards Codification ASC 820 Fair Value Measurements and Disclosures.
Security valuation: The price of the fund’s shares is based on its net asset value (NAV), which is in turn based on the NAVs of the underlying Putnam Funds in which it invests, which are classified as Level 1 or Level 2 securities under Accounting Standards Codification Fair Value Measurements and Disclosures (ASC 820). The NAVs of the underlying Putnam Funds are determined based on the policies contained in each underlying Putnam Fund’s financial statements. The NAV per share of each class equals the total value of its assets, less its liabilities, divided by the number of its outstanding shares. Shares are only valued as of the close of regular trading on the New York Stock Exchange each day the exchange is open.
ASC 820 establishes a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of each fund’s investments. The three levels are defined as follows:
Level 1: Valuations based on quoted prices for identical securities in active markets.
Level 2: Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.
Level 3: Valuations based on inputs that are unobservable and significant to the fair value measurement.
The following is a summary of the inputs used to value the funds' net assets as of the close of the reporting period:
            Valuation inputs  
Investments in securities:       Level 1 Level 2 Level 3  
Multi-Asset Income Funds       $13,090,047 $— $—  
Short-Term Investments       — 845,589 —  
         
 
Totals by level       $13,090,047 $845,589 $—  
Affiliated transactions
(AFF) Affiliated company. Transactions during the reporting period with a company which is under common ownership or control, or involving securities of companies in which a fund owned at least 5% of the voting securities, were as follows:
Affiliates Fair value as of 8/31/23 Purchase cost Sale proceeds Investment income Capital gain distributions Realized gain (loss) Change in unrealized appreciation (depreciation) Shares outstanding as of 5/31/24 Fair value as of 5/31/24
Putnam Multi-Asset Income Fund Class P $11,946,524 $3,134,989 $2,982,745 $397,032 $— $(338,503) $1,329,782 1,263,518 $13,090,047
Putnam Short Term Investment Fund Class G 768,224 290,770 213,405 33,934 — — — 845,589 845,589
Totals $12,714,748 $3,425,759 $3,196,150 $430,966 $— $(338,503) $1,329,782 $13,935,636
For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnam.com