# EDGAR Filing Document

**Accession Number:** 0001295293
**File Stem:** 0000869392-23-000638
**Filing Date:** 2023-3
**Character Count:** 6335
**Document Hash:** abd90ef3d9d7cd6c1383f9a2d4104c98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000869392-23-000638.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0000869392-23-000638

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Putnam Target Date Funds
- **CENTRAL INDEX KEY:** 0001295293
- **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:** 23774288

**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

## Series and Classes Contracts Data

### Putnam Sustainable Retirement 2025 Fund (Series ID: S000004001)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000011177 | Class A Shares  |  |
| C000011178 | Class B Shares  |  |
| C000011179 | Class C Shares  |  |
| C000011181 | Class R Shares  |  |
| C000011182 | Class Y Shares  |  |
| C000174680 | Class R6 Shares |  |
| C000222449 | Class R3 Shares |  |
| C000222450 | Class R4 Shares |  |
| C000222451 | Class R5 Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Putnam Target Date Funds

- **b. Investment Company Act file number:** 811-21598

- **c. CIK number of Registrant:** 0001295293

- **d. LEI of Registrant:** 5493005X9RIMZKJNE675

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 FEDERAL STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 1-800-225-1581

**Item A.2. Information about the Series.**

- **a. Name of Series:** Putnam Sustainable Retirement 2025 Fund

- **b. EDGAR series identifier (if any):** S000004001

- **c. LEI of Series:** 5493001XQVUH17DVZ943

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $208569826.31

**Total Liabilities:** $84238.73

**Net Assets:** $208485587.57

**Cash Not Reported:** $11.92

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222449 | 2.08%                | -0.75%               | 2.34%                |
| Class ID C000174680 | 2.14%                | -0.73%               | 2.38%                |
| Class ID C000222451 | 2.08%                | -0.73%               | 2.38%                |
| Class ID C000222450 | 2.08%                | -0.73%               | 2.34%                |
| Class ID C000011177 | 2.08%                | -0.73%               | 2.33%                |
| Class ID C000011178 | 2.03%                | -0.79%               | 2.28%                |
| Class ID C000011179 | 2.01%                | -0.76%               | 2.25%                |
| Class ID C000011182 | 2.08%                | -0.67%               | 2.34%                |
| Class ID C000011181 | 2.03%                | -0.76%               | 2.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3796133.14             | $7773550.63                                |
| Month 2  | $2579406.33              | $-14305669.55                              |
| Month 3  | $-885496.87              | $5221154.93                                |

### Schedule of Portfolio Investments

| Name                                              | Title       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PUTNAM DYNAMIC ASSET ALLOCATION BALANCED FUND     | MUTUAL FUND | CUSIP: N/A<br>LEI: 549300QO7FH593DLXC23       | Long             | EC               | RF                | US        |   1981256 | NS      | $27915896.50  | 13.39%            |  |  |  | No            |                  1 | On Loan: No      |
| PUTNAM DYNAMIC ASSET ALLOCATION CONSERVATIVE FUND | MUTUAL FUND | CUSIP: N/A<br>LEI: 549300NETFHIDLGCN871       | Long             | EC               | RF                | US        |   6100493 | NS      | $59418800.48  | 28.50%            |  |  |  | No            |                  1 | On Loan: No      |
| PUTNAM GOVERNMENT MONEY MARKET FUND               | MUTUAL FUND | CUSIP: 74680A802<br>LEI: 549300SEUI2XMME8T893 | Long             | EC               | RF                | US        |  12271211 | NS      | $12271211.41  | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| PUTNAM CORE BOND FUND                             | MUTUAL FUND | CUSIP: N/A<br>LEI: 549300PER537II0N8U45       | Long             | EC               | RF                | US        |   5774805 | NS      | $47988631.07  | 23.02%            |  |  |  | No            |                  1 | On Loan: No      |
| PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND           | MUTUAL FUND | CUSIP: N/A<br>LEI: 54930063MZOBFIL7WY32       | Long             | EC               | RF                | US        |   6627786 | NS      | $60909355.37  | 29.22%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-29

**Name of Applicant:** Putnam Investments Inc

**Signature:** Janet C. Smith

**Name of Signer:** NPORT

**Title:** Principal Financial Officer