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<link:linkbase xmlns:tsr="http://tsr/20260731" xmlns:oef="http://xbrl.sec.gov/oef/2026" xmlns:deprecated="http://www.xbrl.org/2009/role/deprecated" xmlns:dtr="http://www.xbrl.org/2009/dtr" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:oef-pre="http://xbrl.sec.gov/oef-pre/2026" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:oef-lab="http://xbrl.sec.gov/oef-lab/2026" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:oef-def="http://xbrl.sec.gov/oef-def/2026" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:srt="http://fasb.org/srt/2026" xmlns:oef-sr="http://xbrl.sec.gov/oef-sr/2026" xmlns:oef02="http://oef02/20321031" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2026" xmlns:srt-types="http://fasb.org/srt-types/2026" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011147Member" xlink:label="C000011147Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011147Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000011147</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011147Member" xlink:to="label_tsr_C000011147Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011147Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011149Member" xlink:label="C000011149Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011149Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000011149</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011149Member" xlink:to="label_tsr_C000011149Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011149Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011151Member" xlink:label="C000011151Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011151Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000011151</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011151Member" xlink:to="label_tsr_C000011151Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011151Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222434Member" xlink:label="C000222434Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222434Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222434</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222434Member" xlink:to="label_tsr_C000222434Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222434Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222435Member" xlink:label="C000222435Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222435Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222435</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222435Member" xlink:to="label_tsr_C000222435Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222435Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222436Member" xlink:label="C000222436Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222436Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222436</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222436Member" xlink:to="label_tsr_C000222436Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222436Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174675Member" xlink:label="C000174675Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174675Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174675</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174675Member" xlink:to="label_tsr_C000174675Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174675Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011152Member" xlink:label="C000011152Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011152Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000011152</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011152Member" xlink:to="label_tsr_C000011152Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011152Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011171Member" xlink:label="C000011171Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011171Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000011171</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011171Member" xlink:to="label_tsr_C000011171Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011171Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011173Member" xlink:label="C000011173Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011173Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000011173</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011173Member" xlink:to="label_tsr_C000011173Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011173Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011175Member" xlink:label="C000011175Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011175Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000011175</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011175Member" xlink:to="label_tsr_C000011175Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011175Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222446Member" xlink:label="C000222446Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222446Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222446</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222446Member" xlink:to="label_tsr_C000222446Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222446Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222447Member" xlink:label="C000222447Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222447Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222447</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222447Member" xlink:to="label_tsr_C000222447Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222447Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222448Member" xlink:label="C000222448Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222448Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222448</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222448Member" xlink:to="label_tsr_C000222448Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222448Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174679Member" xlink:label="C000174679Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174679Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174679</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174679Member" xlink:to="label_tsr_C000174679Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174679Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011176Member" xlink:label="C000011176Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011176Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000011176</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011176Member" xlink:to="label_tsr_C000011176Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011176Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011165Member" xlink:label="C000011165Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011165Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000011165</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011165Member" xlink:to="label_tsr_C000011165Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011165Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011167Member" xlink:label="C000011167Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011167Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000011167</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011167Member" xlink:to="label_tsr_C000011167Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011167Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011169Member" xlink:label="C000011169Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011169Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000011169</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011169Member" xlink:to="label_tsr_C000011169Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011169Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222445Member" xlink:label="C000222445Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222445Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222445</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222445Member" xlink:to="label_tsr_C000222445Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222445Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222443Member" xlink:label="C000222443Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222443Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222443</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222443Member" xlink:to="label_tsr_C000222443Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222443Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222444Member" xlink:label="C000222444Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222444Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222444</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222444Member" xlink:to="label_tsr_C000222444Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222444Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174678Member" xlink:label="C000174678Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174678Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174678</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174678Member" xlink:to="label_tsr_C000174678Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174678Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011170Member" xlink:label="C000011170Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011170Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000011170</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011170Member" xlink:to="label_tsr_C000011170Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011170Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011159Member" xlink:label="C000011159Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011159Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000011159</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011159Member" xlink:to="label_tsr_C000011159Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011159Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011161Member" xlink:label="C000011161Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011161Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000011161</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011161Member" xlink:to="label_tsr_C000011161Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011161Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011163Member" xlink:label="C000011163Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011163Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000011163</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011163Member" xlink:to="label_tsr_C000011163Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011163Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222441Member" xlink:label="C000222441Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222441Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222441</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222441Member" xlink:to="label_tsr_C000222441Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222441Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222440Member" xlink:label="C000222440Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222440Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222440</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222440Member" xlink:to="label_tsr_C000222440Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222440Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222442Member" xlink:label="C000222442Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222442Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222442</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222442Member" xlink:to="label_tsr_C000222442Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222442Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174677Member" xlink:label="C000174677Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174677Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174677</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174677Member" xlink:to="label_tsr_C000174677Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174677Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011164Member" xlink:label="C000011164Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011164Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000011164</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011164Member" xlink:to="label_tsr_C000011164Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011164Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011153Member" xlink:label="C000011153Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011153Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000011153</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011153Member" xlink:to="label_tsr_C000011153Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011153Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011155Member" xlink:label="C000011155Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011155Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000011155</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011155Member" xlink:to="label_tsr_C000011155Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011155Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011157Member" xlink:label="C000011157Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011157Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000011157</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011157Member" xlink:to="label_tsr_C000011157Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011157Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222438Member" xlink:label="C000222438Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222438Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222438</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222438Member" xlink:to="label_tsr_C000222438Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222438Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222437Member" xlink:label="C000222437Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222437Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222437</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222437Member" xlink:to="label_tsr_C000222437Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222437Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222439Member" xlink:label="C000222439Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222439Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222439</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222439Member" xlink:to="label_tsr_C000222439Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222439Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174676Member" xlink:label="C000174676Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174676Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174676</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174676Member" xlink:to="label_tsr_C000174676Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174676Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011158Member" xlink:label="C000011158Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011158Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000011158</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011158Member" xlink:to="label_tsr_C000011158Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011158Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011141Member" xlink:label="C000011141Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011141Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000011141</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011141Member" xlink:to="label_tsr_C000011141Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011141Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011143Member" xlink:label="C000011143Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011143Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000011143</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011143Member" xlink:to="label_tsr_C000011143Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011143Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011145Member" xlink:label="C000011145Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011145Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000011145</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011145Member" xlink:to="label_tsr_C000011145Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011145Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222433Member" xlink:label="C000222433Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222433Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222433</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222433Member" xlink:to="label_tsr_C000222433Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222433Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222431Member" xlink:label="C000222431Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222431Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222431</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222431Member" xlink:to="label_tsr_C000222431Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222431Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222432Member" xlink:label="C000222432Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222432Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222432</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222432Member" xlink:to="label_tsr_C000222432Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222432Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174674Member" xlink:label="C000174674Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174674Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174674</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174674Member" xlink:to="label_tsr_C000174674Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174674Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000011146Member" xlink:label="C000011146Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011146Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000011146</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000011146Member" xlink:to="label_tsr_C000011146Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000011146Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000093618Member" xlink:label="C000093618Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093618Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000093618</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000093618Member" xlink:to="label_tsr_C000093618Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093618Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000093620Member" xlink:label="C000093620Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093620Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000093620</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000093620Member" xlink:to="label_tsr_C000093620Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093620Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000093622Member" xlink:label="C000093622Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093622Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000093622</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000093622Member" xlink:to="label_tsr_C000093622Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093622Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222457Member" xlink:label="C000222457Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222457Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222457</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222457Member" xlink:to="label_tsr_C000222457Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222457Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222456Member" xlink:label="C000222456Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222456Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222456</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222456Member" xlink:to="label_tsr_C000222456Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222456Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222455Member" xlink:label="C000222455Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222455Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222455</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222455Member" xlink:to="label_tsr_C000222455Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222455Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174682Member" xlink:label="C000174682Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174682Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174682</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174682Member" xlink:to="label_tsr_C000174682Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174682Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000093623Member" xlink:label="C000093623Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093623Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000093623</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000093623Member" xlink:to="label_tsr_C000093623Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000093623Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000162753Member" xlink:label="C000162753Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162753Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000162753</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000162753Member" xlink:to="label_tsr_C000162753Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162753Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000162755Member" xlink:label="C000162755Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162755Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000162755</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000162755Member" xlink:to="label_tsr_C000162755Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162755Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000162757Member" xlink:label="C000162757Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162757Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000162757</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000162757Member" xlink:to="label_tsr_C000162757Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162757Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222460Member" xlink:label="C000222460Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222460Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000222460</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222460Member" xlink:to="label_tsr_C000222460Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222460Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222459Member" xlink:label="C000222459Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222459Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000222459</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222459Member" xlink:to="label_tsr_C000222459Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222459Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000222458Member" xlink:label="C000222458Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222458Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000222458</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000222458Member" xlink:to="label_tsr_C000222458Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000222458Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000174683Member" xlink:label="C000174683Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174683Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000174683</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000174683Member" xlink:to="label_tsr_C000174683Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000174683Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000162758Member" xlink:label="C000162758Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162758Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000162758</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000162758Member" xlink:to="label_tsr_C000162758Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000162758Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224209Member" xlink:label="C000224209Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224209Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000224209</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224209Member" xlink:to="label_tsr_C000224209Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224209Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224211Member" xlink:label="C000224211Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224211Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000224211</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224211Member" xlink:to="label_tsr_C000224211Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224211Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224210Member" xlink:label="C000224210Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224210Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000224210</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224210Member" xlink:to="label_tsr_C000224210Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224210Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224213Member" xlink:label="C000224213Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224213Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000224213</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224213Member" xlink:to="label_tsr_C000224213Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224213Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224208Member" xlink:label="C000224208Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224208Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000224208</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224208Member" xlink:to="label_tsr_C000224208Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224208Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224207Member" xlink:label="C000224207Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224207Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000224207</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224207Member" xlink:to="label_tsr_C000224207Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224207Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224206Member" xlink:label="C000224206Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224206Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000224206</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224206Member" xlink:to="label_tsr_C000224206Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224206Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000224205Member" xlink:label="C000224205Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224205Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000224205</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000224205Member" xlink:to="label_tsr_C000224205Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000224205Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262086Member" xlink:label="C000262086Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262086Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class A - C000262086</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262086Member" xlink:to="label_tsr_C000262086Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262086Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class A</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262087Member" xlink:label="C000262087Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262087Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class C - C000262087</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262087Member" xlink:to="label_tsr_C000262087Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262087Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class C</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262088Member" xlink:label="C000262088Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262088Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R - C000262088</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262088Member" xlink:to="label_tsr_C000262088Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262088Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262089Member" xlink:label="C000262089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R3 - C000262089</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262089Member" xlink:to="label_tsr_C000262089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R3</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262090Member" xlink:label="C000262090Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262090Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R4 - C000262090</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262090Member" xlink:to="label_tsr_C000262090Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262090Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R4</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262091Member" xlink:label="C000262091Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262091Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R5 - C000262091</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262091Member" xlink:to="label_tsr_C000262091Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262091Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R5</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262092Member" xlink:label="C000262092Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262092Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class R6 - C000262092</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262092Member" xlink:to="label_tsr_C000262092Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262092Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class R6</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_C000262093Member" xlink:label="C000262093Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262093Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Class Y - C000262093</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000262093Member" xlink:to="label_tsr_C000262093Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_C000262093Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Class Y</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202411144434_8089Member" xlink:label="bench202411144434_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202411144434_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Broad Based Index:1C000011147-Bloomberg U.S. Aggregate Index_1</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bench202411144434_8089Member" xlink:to="label_tsr_bench202411144434_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202411144434_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Bloomberg U.S. Aggregate Index [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_benchmarkBM0625_8089Member" xlink:label="benchmarkBM0625_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_benchmarkBM0625_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Additional Index:2C000011147-Russell 3000 Index</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="benchmarkBM0625_8089Member" xlink:to="label_tsr_benchmarkBM0625_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_benchmarkBM0625_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Russell 3000 Index [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_benchmarkBMPT.UV4-VC3_8089Member" xlink:label="benchmarkBMPT.UV4-VC3_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_benchmarkBMPT.UV4-VC3_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Additional Index:3C000011147-S&amp;P Target Date To Retirement Income Index</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="benchmarkBMPT.UV4-VC3_8089Member" xlink:to="label_tsr_benchmarkBMPT.UV4-VC3_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_benchmarkBMPT.UV4-VC3_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">S&amp;P Target Date To Retirement Income Index [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202501245137_8089Member" xlink:label="bench202501245137_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202501245137_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000011147-Domestic Hybrid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bench202501245137_8089Member" xlink:to="label_tsr_bench202501245137_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202501245137_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Domestic Hybrid [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202603267385_8089Member" xlink:label="bench202603267385_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202603267385_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000011147-Asset Allocation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bench202603267385_8089Member" xlink:to="label_tsr_bench202603267385_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202603267385_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Asset Allocation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202501285164_8089Member" xlink:label="bench202501285164_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202501285164_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000011147-Alternative Strategies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bench202501285164_8089Member" xlink:to="label_tsr_bench202501285164_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202501285164_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Alternative Strategies [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202608217913_8089Member" xlink:label="bench202608217913_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202608217913_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000011147-Domestic Real Estate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bench202608217913_8089Member" xlink:to="label_tsr_bench202608217913_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202608217913_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Domestic Real Estate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202409043991_8089Member" xlink:label="bench202409043991_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202409043991_8089Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000011147-Short-Term Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bench202409043991_8089Member" xlink:to="label_tsr_bench202409043991_8089Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202409043991_8089Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Short-Term Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="tsr-20260731.xsd#tsr_bench202411144434_8090Member" xlink:label="bench202411144434_8090Member"/>
    <link:label xlink:type="resource" xlink:label="label_tsr_bench202411144434_8090Member" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Broad Based Index:10C000011149-Bloomberg U.S. Aggregate Index_1</link:label>
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    <link:label xlink:type="resource" xlink:label="label_SecuritiesInvestmentMember_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Securities Investment</link:label>
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