# EDGAR Filing Document

**Accession Number:** 0001295293
**File Stem:** 0001752724-25-178309
**Filing Date:** 2025-7
**Character Count:** 5812
**Document Hash:** 77b6890374ffa7d3b045083fe19ac590
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-178309.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-178309

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

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

**ORGANIZATION NAME:**
- **EIN:** 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:** 251150133

**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 Retirement Advantage 2050 Fund (Series ID: S000067470)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000216933 | Class A Shares  | PAEZX           |
| C000216935 | Class C Shares  | PAENX           |
| C000216936 | Class R Shares  | PAEQX           |
| C000216937 | Class Y Shares  | PHPDX           |
| C000216938 | Class R6 Shares | PAEKX           |
| C000221996 | Class R3 Shares | PAGZX           |
| C000221997 | Class R4 Shares | PAHAX           |
| C000221998 | Class R5 Shares | PAHDX           |

## 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:** 617-292-1000

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

- **a. Name of Series:** Putnam Retirement Advantage 2050 Fund

- **b. EDGAR series identifier (if any):** S000067470

- **c. LEI of Series:** 54930073MLFFBDEMXQ17

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $23834636.25

**Total Liabilities:** $18482.80

**Net Assets:** $23816153.45

**Cash Not Reported:** $15875.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216937 | -3.90%               | 0.54%                | 5.02%                |
| Class ID C000221997 | -3.90%               | 0.54%                | 4.94%                |
| Class ID C000216938 | -3.90%               | 0.63%                | 4.92%                |
| Class ID C000221998 | -3.90%               | 0.54%                | 5.02%                |
| Class ID C000216935 | -4.02%               | 0.46%                | 4.90%                |
| Class ID C000216936 | -3.99%               | 0.54%                | 4.94%                |
| Class ID C000221996 | -3.99%               | 0.54%                | 4.94%                |
| Class ID C000216933 | -4.00%               | 0.63%                | 4.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $25757.86                | $-931311.90                                |
| Month 2  | $57980.31                | $71406.33                                  |
| Month 3  | $330132.01               | $782260.61                                 |

### 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 Equity Fund | Putnam Dynamic Asset Allocation Equity Fund, Class P | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | US        |    227399 | NS      | $3397343.78   | 14.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Short Term Investment Fund           | Putnam Short Term Investment Fund, Class P           | CUSIP: 74676A451<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |    255234 | NS      | $255234.05    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Dynamic Asset Allocation Growth Fund | Putnam Dynamic Asset Allocation Growth Fund, Class P | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | US        |    980627 | NS      | $20132280.01  | 84.53%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Putnam Target Date Funds

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer