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Trending ETFs

Name

As of 03/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Vitals

YTD Return

1.7%

1 yr return

11.1%

3 Yr Avg Return

2.4%

5 Yr Avg Return

2.5%

Net Assets

$260 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$16.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.46%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 65.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

PRMYX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam Target Date Funds - Putnam Sustainable Ret Maturity Fd USD Cls Y
  • Fund Family Name
    Putnam
  • Inception Date
    Feb 26, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Schoen

Fund Description


PRMYX - Performance

Return Ranking - Trailing

Period PRMYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -1.8% 5.7% 27.60%
1 Yr 11.1% -1.6% 13.2% 13.02%
3 Yr 2.4%* -6.3% 4.2% 2.66%
5 Yr 2.5%* -4.4% 5.4% 88.73%
10 Yr 2.5%* 1.5% 5.0% 90.54%

* Annualized

Return Ranking - Calendar

Period PRMYX Return Category Return Low Category Return High Rank in Category (%)
2023 5.8% -9.8% 12.8% 48.17%
2022 -10.9% -38.3% -3.8% 14.14%
2021 -2.4% -9.1% 10.3% 65.61%
2020 -0.9% -13.4% 12.6% 97.02%
2019 5.4% -1.1% 13.9% 88.65%

Total Return Ranking - Trailing

Period PRMYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -1.8% 5.7% 27.60%
1 Yr 11.1% -1.6% 13.2% 13.02%
3 Yr 2.4%* -6.3% 4.2% 2.66%
5 Yr 2.5%* -4.4% 5.4% 88.73%
10 Yr 2.5%* 1.5% 5.0% 90.54%

* Annualized

Total Return Ranking - Calendar

Period PRMYX Return Category Return Low Category Return High Rank in Category (%)
2023 9.6% -9.8% 15.4% 56.02%
2022 -4.2% -16.9% -2.9% 3.14%
2021 0.0% -3.8% 10.3% 84.13%
2020 1.3% -13.4% 16.6% 97.02%
2019 8.7% 4.7% 25.2% 93.62%

NAV & Total Return History


PRMYX - Holdings

Concentration Analysis

PRMYX Category Low Category High PRMYX % Rank
Net Assets 260 M 1.16 M 35.3 B 45.31%
Number of Holdings 5 2 1413 93.23%
Net Assets in Top 10 260 M 931 K 36.5 B 38.54%
Weighting of Top 10 N/A 4.6% 101.7% 19.03%

Top 10 Holdings

  1. Putnam Dynamic Asset Allocation Cnsrv P 32.87%
  2. Putnam Multi-Asset Absolute Return P 30.89%
  3. Putnam Fixed Income Absolute Return P 30.22%
  4. Putnam Government Money Market G 6.06%

Asset Allocation

Weighting Return Low Return High PRMYX % Rank
Bonds
54.48% 0.00% 109.30% 29.17%
Cash
25.70% -24.70% 53.61% 4.17%
Stocks
17.96% 0.00% 100.13% 67.19%
Other
1.13% -0.07% 5.62% 8.33%
Convertible Bonds
0.69% 0.00% 6.56% 57.29%
Preferred Stocks
0.04% 0.00% 11.70% 2.60%

Stock Sector Breakdown

Weighting Return Low Return High PRMYX % Rank
Technology
20.85% 16.20% 25.61% 14.19%
Financial Services
14.00% 11.53% 20.26% 78.71%
Healthcare
10.74% 6.38% 14.87% 76.13%
Consumer Cyclical
10.37% 4.61% 13.00% 65.81%
Industrials
7.75% 7.75% 12.84% 98.71%
Energy
7.61% 2.88% 13.48% 5.81%
Consumer Defense
6.84% 4.27% 8.57% 34.84%
Communication Services
6.82% 4.20% 8.42% 53.55%
Basic Materials
6.41% 2.71% 8.17% 20.65%
Real Estate
4.58% 1.86% 19.30% 57.42%
Utilities
4.03% 1.85% 8.79% 6.45%

Stock Geographic Breakdown

Weighting Return Low Return High PRMYX % Rank
US
12.03% 0.00% 100.13% 67.19%
Non US
5.93% 0.00% 17.40% 12.50%

Bond Sector Breakdown

Weighting Return Low Return High PRMYX % Rank
Securitized
36.56% 0.00% 81.91% 2.60%
Cash & Equivalents
29.99% 0.00% 80.50% 4.17%
Government
19.73% 0.00% 99.79% 75.00%
Corporate
13.62% 0.00% 99.84% 77.08%
Derivative
0.10% -0.07% 0.78% 17.71%
Municipal
0.00% 0.00% 99.98% 93.23%

Bond Geographic Breakdown

Weighting Return Low Return High PRMYX % Rank
US
48.68% 0.00% 109.30% 29.17%
Non US
5.80% 0.00% 7.58% 2.60%

PRMYX - Expenses

Operational Fees

PRMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.46% 0.06% 13.37% 56.54%
Management Fee 0.46% 0.00% 0.79% 92.22%
12b-1 Fee N/A 0.00% 1.00% 13.47%
Administrative Fee N/A 0.01% 0.29% N/A

Sales Fees

PRMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PRMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PRMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 121.26% 91.98%

PRMYX - Distributions

Dividend Yield Analysis

PRMYX Category Low Category High PRMYX % Rank
Dividend Yield 3.49% 0.00% 9.77% 19.27%

Dividend Distribution Analysis

PRMYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

PRMYX Category Low Category High PRMYX % Rank
Net Income Ratio 1.25% -0.06% 5.71% 73.89%

Capital Gain Distribution Analysis

PRMYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PRMYX - Fund Manager Analysis

Managers

Robert Schoen


Start Date

Tenure

Tenure Rank

Nov 01, 2004

17.59

17.6%

Robert Schoen is Co-Head of the Global Asset Allocation (GAA) group at Putnam Investments. In partnership with other GAA co-heads, he is responsible for the overall strategy and positioning of Putnam's GAA products. Robert’s career in the investment industry began in 1990. He joined Putnam in 1997. Prior to joining Putnam (from 1992 to 1997), Robert was a self-employed Financial Consultant. He was Head of Research at an asset management company from 1990 to 1992. Robert has a BA from Tufts University and an MBA from New York University, Stern School of Business.

James Fetch


Start Date

Tenure

Tenure Rank

Nov 30, 2012

9.5

9.5%

Mr. Fetch is a Co-Head of Global Asset Allocation (GAA). In partnership with the other GAA Co-Heads, he directs the overall strategy and positioning of Putnam’s GAA products. He is responsible for portfolio construction and risk management of GAA portfolios. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Fetch is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; Putnam Total Return Fund; and Putnam 529 for America. Mr. Fetch has been in the investment industry since he joined Putnam in 1994. After leaving in 1998 to complete his M.B.A., he rejoined the firm in 2000.

Brett Goldstein


Start Date

Tenure

Tenure Rank

Mar 31, 2019

3.17

3.2%

Co-Chief Investment Officer, Global Asset Allocation. Previously, Portfolio Manager and Analyst.

Adrian Chan


Start Date

Tenure

Tenure Rank

Nov 30, 2021

0.5

0.5%

Mr. Chan is a Portfolio Manager in the Global Asset Allocation group. He joined Putnam in 2003 and first served in the investment industry from 2003 to 2006. After leaving to complete his M.B.A., Mr. Chan rejoined the industry full-time in 2008. Previously at Putnam, Mr. Chan served as an Investment Associate from 2003 to 2006, a Summer Intern in 2007, and an Analyst from 2008 to 2015. Mr. Chan earned an M.B.A. from The Wharton School at the University of Pennsylvania and an A.B. from Harvard University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.59 6.51 3.75