# EDGAR Filing Document

**Accession Number:** 0001295293
**File Stem:** 0001752724-25-153744
**Filing Date:** 2025-6
**Character Count:** 7429
**Document Hash:** 2908f80f2d312ccd48fa4a5fdd4e3fc6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-153744.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-153744

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20250731

**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:** 251068707

**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 2065 Fund (Series ID: S000070577)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000224205 | Class Y      | PCJSX           |
| C000224206 | Class R6     | PCJYX           |
| C000224207 | Class R5     | PCJIX           |
| C000224208 | Class R4     | PCJWX           |
| C000224209 | Class A      | PCJQX           |
| C000224210 | Class R      | PCJUX           |
| C000224211 | Class C      | PCJRX           |
| C000224213 | Class R3     | PCJVX           |

## 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 Sustainable Retirement 2065 Fund

- **b. EDGAR series identifier (if any):** S000070577

- **c. LEI of Series:** 5493002BUUTVG7YSMG23

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $961114.17

**Total Liabilities:** $38495.72

**Net Assets:** $922618.45

**Cash Not Reported:** $94.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000224205 | -2.98%               | -5.50%               | 1.11%                |
| Class ID C000224211 | -3.10%               | -5.57%               | 1.04%                |
| Class ID C000224206 | -2.98%               | -5.50%               | 1.11%                |
| Class ID C000224210 | -3.06%               | -5.51%               | 1.03%                |
| Class ID C000224208 | -3.06%               | -5.50%               | 1.11%                |
| Class ID C000224213 | -3.06%               | -5.51%               | 1.11%                |
| Class ID C000224207 | -2.98%               | -5.50%               | 1.11%                |
| Class ID C000224209 | -3.07%               | -5.45%               | 1.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-29105.14                                 |
| Month 2  | $0.00                    | $-51571.49                                 |
| Month 3  | $6914.02                 | $3517.91                                   |

### 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 Sustainable Future ETF                   | Putnam Sustainable Future ETF                   | CUSIP: 746729201<br>LEI: 549300D5SWQ6IG0LO281 | Long             |  | RF                | US        |      9684 | NS      | $218688.93    | 23.70%            |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Government Money Market Fund             | Putnam Government Money Market Fund, Class G    | CUSIP: 74680A802<br>LEI: 549300SEUI2XMME8T893 | Long             | STIV             | RF                | US        |      1556 | NS      | $1556.00      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam ESG High Yield ETF                       | Putnam ESG High Yield ETF                       | CUSIP: 746729888<br>LEI: 549300AFYICW7OFX8A68 | Long             |  | RF                | US        |       198 | NS      | $10052.62     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam PanAgora ESG Emerging Markets Equity ETF | Putnam PanAgora ESG Emerging Markets Equity ETF | CUSIP: 746729706<br>LEI: 549300D6DERBDQV65J18 | Long             |  | RF                | US        |      2567 | NS      | $56227.31     | 6.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam ESG Core Bond ETF                        | Putnam ESG Core Bond ETF                        | CUSIP: 746729607<br>LEI: 549300WPUCAJ9XFIRU61 | Long             |  | RF                | US        |       526 | NS      | $25691.05     | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam ESG Ultra Short ETF                      | Putnam ESG Ultra Short ETF                      | CUSIP: 746729854<br>LEI: 549300NQ9F4P4U3AVO48 | Long             |  | RF                | US        |        98 | NS      | $4962.72      | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Sustainable Leaders ETF                  | Putnam Sustainable Leaders ETF                  | CUSIP: 746729102<br>LEI: 5493001OLEMXT8OPWE88 | Long             |  | RF                | US        |     14110 | NS      | $430934.92    | 46.71%            |  |  |  | No            |                  1 | On Loan: No      |
| Putnam PanAgora ESG International Equity ETF    | Putnam PanAgora ESG International Equity ETF    | CUSIP: 746729870<br>LEI: 549300JZREZTV1HA5N68 | Long             |  | RF                | US        |      6966 | NS      | $174384.75    | 18.90%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer