Putnam Target Date Funds
04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:02
Prospectus by Investment Company (Form 497)
PGOF-P8 04/26
PUTNAM TARGET DATE FUNDS
SUPPLEMENT DATED APRIL 17, 2026 TO THE
PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
OF EACH FUND LISTED IN SCHEDULES A AND B
All changes described below are effective June 1, 2026.
I. The following replaces the reference to Jacqueline H. Kenney in the section titled "Fund summary - Your fund's management - Portfolio managers" in the Prospectus of each fund listed in Schedules A and B:
Laura Green, CFA
Portfolio Manager of Franklin Advisers and portfolio manager of the fund since June 2026.
II. The following replaces the reference to Jacqueline H. Kenney in the section titled "Who oversees and manages the fund? - Portfolio managers" in the Prospectus of each fund listed in Schedules A and B:
Laura Green, CFA Portfolio Manager of Franklin Advisers
Ms. Green has been a portfolio manager of the fund since June 2026. She joined Franklin Templeton in 2010.
III. The following replaces the reference to Jacqueline H. Kenney in the table in the section titled "PORTFOLIO MANAGERS - Other Accounts Managed by the Portfolio Managers" in the SAI of each fund listed in Schedules A and B:
|
Portfolio Manager |
Type of Account |
Number of |
Total ($) |
Number of |
Assets ($) |
|
Laura Green* |
Registered Investment Companies |
17 |
14,034.50 |
None |
None |
|
Other Pooled Investment Vehicles |
28 |
6,781.40 |
None |
None |
|
|
Other Accounts |
246 |
5,219.30 |
2 |
81.1 |
*Information provided as of February 28, 2026.
IV. The following replaces the reference to Jacqueline H. Kenney in the table in the section titled "PORTFOLIO MANAGERS - Portfolio managers' securities ownership" in the SAI of each fund listed in Schedule A:
|
Portfolio Managers |
Dollar Range of Ownership of Securities ($) |
|
Laura Green* |
100,001 - 500,000 |
*Information provided as of March 31, 2026.
V. The following replaces the reference Jacqueline H. Kenney in the table in the section titled "PORTFOLIO MANAGERS - Portfolio managers' securities ownership" in the SAI of each fund listed in Schedule B:
|
Portfolio Managers |
Dollar Range of Ownership of Securities ($) |
|
Laura Green* |
None |
*Information provided as of March 31, 2026.
SCHEDULE A
|
Fund Putnam Target Date Funds |
Date of Prospectus and SAI |
|
Putnam Retirement Advantage 2030 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2035 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2040 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2045 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2050 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2055 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2060 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2065 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage 2070 Fund |
January 1, 2026 |
|
Putnam Retirement Advantage Maturity Fund |
January 1, 2026 |
|
SCHEDULE B |
|
|
Fund Putnam Target Date Funds |
Date of Prospectus and SAI |
|
Putnam Retirement Advantage Plus 2030 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2035 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2040 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2045 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2050 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2055 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2060 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2065 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus 2070 Fund |
February 27, 2026 |
|
Putnam Retirement Advantage Plus Maturity Fund |
February 27, 2026 |
Shareholders should retain this Supplement for future reference.
Putnam Target Date Funds published this content on April 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 17, 2026 at 13:02 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]