# EDGAR Filing Document

**Accession Number:** 0001295293
**File Stem:** 0002071691-26-001209
**Filing Date:** 2026-1
**Character Count:** 6165
**Document Hash:** 71aab3ddcff1138598e57f395c0206d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-001209.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0002071691-26-001209

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**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:** 26562767

**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 2035 Fund (Series ID: S000067467)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000216916 | Class A Shares  | PDFLX           |
| C000216917 | Class C Shares  | PDAWX           |
| C000216918 | Class R Shares  | PDAKX           |
| C000216919 | Class R6 Shares | PCDLX           |
| C000216920 | Class Y Shares  | POWYX           |
| C000221987 | Class R3 Shares | PAFWX           |
| C000221988 | Class R4 Shares | PAFUX           |
| C000221989 | Class R5 Shares | PAFYX           |

## 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 2035 Fund

- **b. EDGAR series identifier (if any):** S000067467

- **c. LEI of Series:** 549300NFPKHNXV3B4R11

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $47781393.17

**Total Liabilities:** $80397.95

**Net Assets:** $47700995.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216916 | 2.40%                | 1.09%                | 0.50%                |
| Class ID C000216917 | 2.35%                | 1.02%                | 0.42%                |
| Class ID C000216918 | 2.40%                | 1.01%                | 0.50%                |
| Class ID C000216919 | 2.39%                | 1.08%                | 0.58%                |
| Class ID C000216920 | 2.39%                | 1.08%                | 0.49%                |
| Class ID C000221987 | 2.40%                | 1.00%                | 0.58%                |
| Class ID C000221988 | 2.48%                | 1.00%                | 0.58%                |
| Class ID C000221989 | 2.47%                | 1.00%                | 0.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $42606.67                | $1045142.12                                |
| Month 2  | $228722.78               | $-124025.22                                |
| Month 3  | $131556.69               | $120873.10                                 |

### 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     | Putnam Dynamic Asset Allocation Balanced Fund, Class P     | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | US        |   2345629 | NS      | $41564545.21  | 87.14%            |  |  |  | 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        |   2221038 | NS      | $2221038.26   | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Dynamic Asset Allocation Conservative Fund | Putnam Dynamic Asset Allocation Conservative Fund, Class P | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | US        |    166399 | NS      | $1901945.23   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Multi-Asset Income Fund                    | Putnam Multi-Asset Income Fund                             | CUSIP: N/A<br>LEI: N/A                        | Long             |  | RF                | US        |    177140 | NS      | $2006992.23   | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer