Adrian H. Chan, CFA

Portfolio Manager

Mr. Chan is a Portfolio Manager in the Global Asset Allocation (GAA) group. He is responsible for tactical asset allocation decisions in the group, as well as derivatives and volatility strategies, including tail-risk hedging. In addition, Mr. Chan assists in portfolio construction for U.S. stock selection processes and leads efforts in custom indexing. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Chan has been in the investment industry since he joined Putnam in 2003. After leaving in 2006 to complete his M.B.A., he rejoined the firm in 2008.

Mr. Chan is a Portfolio Manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Multi-Asset Income Fund; Putnam Retirement Advantage Funds; Putnam Sustainable Retirement Funds; and Putnam 529 for America. Previously at Putnam, he served as an Analyst, an Investment Associate, and an Intern in the GAA group.

Mutual Funds

Fact sheet Annual Semi annual
Dynamic Asset Allocation Balanced Fund
Overall Morningstar RatingTM among 695 funds in the Moderate Allocation category.
10-year Morningstar RatingTM among 487 funds in the Moderate Allocation category.
5-year Morningstar RatingTM among 655 funds in the Moderate Allocation category.
3-year Morningstar RatingTM among 695 funds in the Moderate Allocation category.
Dynamic Asset Allocation Conservative Fund
Overall Morningstar RatingTM among 143 funds in the Conservative Allocation category.
10-year Morningstar RatingTM among 105 funds in the Conservative Allocation category.
5-year Morningstar RatingTM among 137 funds in the Conservative Allocation category.
3-year Morningstar RatingTM among 143 funds in the Conservative Allocation category.
Dynamic Asset Allocation Growth Fund
Overall Morningstar RatingTM among 299 funds in the Moderately Aggressive Allocation category.
10-year Morningstar RatingTM among 224 funds in the Moderately Aggressive Allocation category.
5-year Morningstar RatingTM among 275 funds in the Moderately Aggressive Allocation category.
3-year Morningstar RatingTM among 299 funds in the Moderately Aggressive Allocation category.
Multi-Asset Income Fund
Overall Morningstar RatingTM among 143 funds in the Conservative Allocation category.
3-year Morningstar RatingTM among 143 funds in the Conservative Allocation category.
Retirement Advantage 2025 Fund
Retirement Advantage 2025 Trust
3-year Morningstar RatingTM among 192 funds in the Target-Date 2025 category.
Retirement Advantage 2030 Fund
Overall Morningstar RatingTM among 194 funds in the Target-Date 2030 category.
3-year Morningstar RatingTM among 194 funds in the Target-Date 2030 category.
Retirement Advantage 2030 Trust
Overall Morningstar RatingTM among 194 funds in the Target-Date 2030 category.
10-year Morningstar RatingTM among 105 funds in the Target-Date 2030 category.
5-year Morningstar RatingTM among 170 funds in the Target-Date 2030 category.
3-year Morningstar RatingTM among 194 funds in the Target-Date 2030 category.
Retirement Advantage 2035 Fund
Overall Morningstar RatingTM among 185 funds in the Target-Date 2035 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2035 category.
Retirement Advantage 2035 Trust
Overall Morningstar RatingTM among 185 funds in the Target-Date 2035 category.
10-year Morningstar RatingTM among 104 funds in the Target-Date 2035 category.
5-year Morningstar RatingTM among 169 funds in the Target-Date 2035 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2035 category.
Retirement Advantage 2040 Fund
Overall Morningstar RatingTM among 188 funds in the Target-Date 2040 category.
3-year Morningstar RatingTM among 188 funds in the Target-Date 2040 category.
Retirement Advantage 2040 Trust
Overall Morningstar RatingTM among 188 funds in the Target-Date 2040 category.
10-year Morningstar RatingTM among 105 funds in the Target-Date 2040 category.
5-year Morningstar RatingTM among 170 funds in the Target-Date 2040 category.
3-year Morningstar RatingTM among 188 funds in the Target-Date 2040 category.
Retirement Advantage 2045 Fund
Overall Morningstar RatingTM among 185 funds in the Target-Date 2045 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2045 category.
Retirement Advantage 2045 Trust
Overall Morningstar RatingTM among 185 funds in the Target-Date 2045 category.
10-year Morningstar RatingTM among 104 funds in the Target-Date 2045 category.
5-year Morningstar RatingTM among 169 funds in the Target-Date 2045 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2045 category.
Retirement Advantage 2050 Fund
Overall Morningstar RatingTM among 186 funds in the Target-Date 2050 category.
3-year Morningstar RatingTM among 186 funds in the Target-Date 2050 category.
Retirement Advantage 2050 Trust
Overall Morningstar RatingTM among 186 funds in the Target-Date 2050 category.
10-year Morningstar RatingTM among 105 funds in the Target-Date 2050 category.
5-year Morningstar RatingTM among 170 funds in the Target-Date 2050 category.
3-year Morningstar RatingTM among 186 funds in the Target-Date 2050 category.
Retirement Advantage 2055 Fund
Overall Morningstar RatingTM among 185 funds in the Target-Date 2055 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2055 category.
Retirement Advantage 2055 Trust
Overall Morningstar RatingTM among 185 funds in the Target-Date 2055 category.
10-year Morningstar RatingTM among 90 funds in the Target-Date 2055 category.
5-year Morningstar RatingTM among 169 funds in the Target-Date 2055 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2055 category.
Retirement Advantage 2060 Fund
Overall Morningstar RatingTM among 184 funds in the Target-Date 2060 category.
3-year Morningstar RatingTM among 184 funds in the Target-Date 2060 category.
Retirement Advantage 2060 Trust
Overall Morningstar RatingTM among 184 funds in the Target-Date 2060 category.
5-year Morningstar RatingTM among 157 funds in the Target-Date 2060 category.
3-year Morningstar RatingTM among 184 funds in the Target-Date 2060 category.
Retirement Advantage 2065 Fund
Overall Morningstar RatingTM among 132 funds in the Target-Date 2065+ category.
3-year Morningstar RatingTM among 132 funds in the Target-Date 2065+ category.
Retirement Advantage 2065 Trust
Overall Morningstar RatingTM among 132 funds in the Target-Date 2065+ category.
3-year Morningstar RatingTM among 132 funds in the Target-Date 2065+ category.
Retirement Advantage Maturity Fund
Overall Morningstar RatingTM among 145 funds in the Target-Date Retirement category.
3-year Morningstar RatingTM among 145 funds in the Target-Date Retirement category.
Retirement Advantage Maturity Trust
Overall Morningstar RatingTM among 145 funds in the Target-Date Retirement category.
10-year Morningstar RatingTM among 79 funds in the Target-Date Retirement category.
5-year Morningstar RatingTM among 126 funds in the Target-Date Retirement category.
3-year Morningstar RatingTM among 145 funds in the Target-Date Retirement category.
Sustainable Retirement 2025 Fund
3-year Morningstar RatingTM among 192 funds in the Target-Date 2025 category.
Sustainable Retirement 2030 Fund
3-year Morningstar RatingTM among 194 funds in the Target-Date 2030 category.
Sustainable Retirement 2035 Fund
3-year Morningstar RatingTM among 185 funds in the Target-Date 2035 category.
Sustainable Retirement 2040 Fund
Overall Morningstar RatingTM among 188 funds in the Target-Date 2040 category.
10-year Morningstar RatingTM among 105 funds in the Target-Date 2040 category.
5-year Morningstar RatingTM among 170 funds in the Target-Date 2040 category.
3-year Morningstar RatingTM among 188 funds in the Target-Date 2040 category.
Sustainable Retirement 2045 Fund
Overall Morningstar RatingTM among 185 funds in the Target-Date 2045 category.
10-year Morningstar RatingTM among 104 funds in the Target-Date 2045 category.
5-year Morningstar RatingTM among 169 funds in the Target-Date 2045 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2045 category.
Sustainable Retirement 2050 Fund
Overall Morningstar RatingTM among 186 funds in the Target-Date 2050 category.
10-year Morningstar RatingTM among 105 funds in the Target-Date 2050 category.
5-year Morningstar RatingTM among 170 funds in the Target-Date 2050 category.
3-year Morningstar RatingTM among 186 funds in the Target-Date 2050 category.
Sustainable Retirement 2055 Fund
Overall Morningstar RatingTM among 185 funds in the Target-Date 2055 category.
10-year Morningstar RatingTM among 90 funds in the Target-Date 2055 category.
5-year Morningstar RatingTM among 169 funds in the Target-Date 2055 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2055 category.
Sustainable Retirement 2060 Fund
Overall Morningstar RatingTM among 184 funds in the Target-Date 2060 category.
5-year Morningstar RatingTM among 157 funds in the Target-Date 2060 category.
3-year Morningstar RatingTM among 184 funds in the Target-Date 2060 category.
Sustainable Retirement 2065 Fund
Overall Morningstar RatingTM among 132 funds in the Target-Date 2065+ category.
3-year Morningstar RatingTM among 132 funds in the Target-Date 2065+ category.
Sustainable Retirement Maturity Fund
3-year Morningstar RatingTM among 145 funds in the Target-Date Retirement category.