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Name

As of

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

Putnam RetirementReady 2015 Fund

PRRLX |

-

$48.8 M

-

0.41%

Vitals

YTD Return

N/A

1 yr return

1.9%

3 Yr Avg Return

4.7%

5 Yr Avg Return

4.7%

Net Assets

$48.8 M

Holdings in Top 10

94.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.41%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 141.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

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

Putnam RetirementReady 2015 Fund

PRRLX |

-

$48.8 M

-

0.41%

PRRLX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.94%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Putnam RetirementReady 2015 Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Nov 01, 2004
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jason R. Vaillancourt

Fund Description

PRRLX - Performance

Return Ranking - Trailing

Period PRRLX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -31.7% 20.1% N/A
1 Yr 1.9% -44.7% 3.9% N/A
3 Yr 4.7%* -18.3% 8.8% N/A
5 Yr 4.7%* -11.8% 8.8% N/A
10 Yr 3.3%* -6.0% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period PRRLX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -25.1% -0.4% N/A
2022 N/A -36.9% 20.0% N/A
2021 N/A -5.2% 8.1% N/A
2020 N/A -25.3% -0.8% N/A
2019 N/A -49.7% 34.8% N/A

Total Return Ranking - Trailing

Period PRRLX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -31.7% 20.1% N/A
1 Yr 1.9% -43.2% 7.1% N/A
3 Yr 4.7%* -18.3% 11.5% N/A
5 Yr 4.7%* -11.8% 8.8% N/A
10 Yr 3.3%* -4.1% 11.7% N/A

* Annualized

Total Return Ranking - Calendar

Period PRRLX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -25.1% -0.3% N/A
2022 N/A -36.9% 26.6% N/A
2021 N/A -4.7% 12.3% N/A
2020 N/A -25.3% 3.9% N/A
2019 N/A -47.6% 39.2% N/A

PRRLX - Holdings

Concentration Analysis

PRRLX Category Low Category High PRRLX % Rank
Net Assets 48.8 M 1.23 M 43.6 B N/A
Number of Holdings 6 2 142 N/A
Net Assets in Top 10 44.8 M 1.09 M 41.6 B N/A
Weighting of Top 10 94.04% 17.8% 109.7% N/A

Top 10 Holdings

  1. Putnam Absolute Return 500 Y 30.01%

Asset Allocation

Weighting Return Low Return High PRRLX % Rank
Bonds 		54.40% 1.03% 137.62% N/A
Cash 		23.91% -100.79% 28.62% N/A
Stocks 		22.59% 0.08% 97.53% N/A
Convertible Bonds 		0.18% 0.00% 3.31% N/A
Preferred Stocks 		0.15% 0.00% 7.14% N/A
Other 		-1.24% -2.19% 24.53% N/A

Stock Sector Breakdown

Weighting Return Low Return High PRRLX % Rank
Consumer Cyclical 		3.50% 0.95% 12.85% N/A
Financial Services 		3.33% 1.51% 18.80% N/A
Healthcare 		3.25% 1.06% 13.46% N/A
Technology 		2.99% 1.41% 21.15% N/A
Industrials 		2.84% 0.84% 13.93% N/A
Consumer Defense 		2.16% 0.83% 16.66% N/A
Energy 		1.33% 0.40% 6.45% N/A
Utilities 		0.98% 0.03% 5.43% N/A
Real Estate 		0.78% 0.38% 18.90% N/A
Communication Services 		0.76% 0.30% 4.07% N/A
Basic Materials 		0.56% 0.21% 5.40% N/A

Stock Geographic Breakdown

Weighting Return Low Return High PRRLX % Rank
US 		17.76% 0.08% 64.42% N/A
Non US 		4.83% 0.00% 46.30% N/A

Bond Sector Breakdown

Weighting Return Low Return High PRRLX % Rank
Cash & Equivalents 		23.96% -120.10% 28.62% N/A
Securitized 		21.73% 0.00% 60.24% N/A
Corporate 		21.49% 0.26% 51.60% N/A
Government 		11.31% 0.00% 137.62% N/A
Municipal 		0.19% 0.00% 3.09% N/A
Derivative 		-0.04% -4.34% 15.93% N/A

Bond Geographic Breakdown

Weighting Return Low Return High PRRLX % Rank
US 		47.33% 0.96% 137.62% N/A
Non US 		7.07% 0.00% 22.80% N/A

PRRLX - Expenses

Operational Fees

PRRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.41% 0.00% 5.22% N/A
Management Fee 0.00% 0.00% 0.95% N/A
12b-1 Fee 0.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

PRRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PRRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 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.

PRRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 141.00% 0.00% 106.00% N/A

PRRLX - Distributions

Dividend Yield Analysis

PRRLX Category Low Category High PRRLX % Rank
Dividend Yield 0.00% 0.00% 0.04% N/A

Dividend Distribution Analysis

PRRLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Net Income Ratio Analysis

PRRLX Category Low Category High PRRLX % Rank
Net Income Ratio 1.94% -0.99% 35.20% N/A

Capital Gain Distribution Analysis

PRRLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

PRRLX - Fund Manager Analysis

Managers

Jason R. Vaillancourt

Start Date

Tenure

Tenure Rank

Nov 30, 2012

2.92

2.9%

Mr. Vaillancourt is Co-Head of the Global Asset Allocation group and, in partnership with other GAA Co-Heads, is responsible for overall strategy and positioning of Putnam's GAA products. In this role, he is accountable for the research that drives the top-down views of GAA portfolios, including asset class, region, and sector decisions, and his work contributes to Putnam's Capital Markets Outlook. He is a Portfolio Manager of Putnam Absolute Return 500 Fund®, Putnam Absolute Return 700 Fund®, Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth), Putnam Dynamic Risk Allocation Fund, Putnam Retirement Income Lifestyle Funds, Putnam RetirementReady® Funds, Putnam's Total Return institutional portfolio, and Putnam's 529 college savings plan. Mr. Vaillancourt, who joined Putnam in 2000, is a CFA charterholder and has been in the investment industry since 1993.

James A. Fetch

Start Date

Tenure

Tenure Rank

Nov 30, 2012

2.92

2.9%

Mr. Fetch is Co-Head of the Global Asset Allocation group and, in partnership with other GAA Co-Heads, is responsible for overall strategy and positioning of Putnam's GAA products. In this role he is accountable for portfolio construction and risk in GAA portfolios, and his work contributes to Putnam's Capital Markets Outlook. He is a Portfolio Manager of Putnam Absolute Return 500 Fund, Putnam Absolute Return 700 Fund, Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth portfolios), Putnam Dynamic Risk Allocation Fund, Putnam Retirement Income Lifestyle Funds, Putnam RetirementReady Funds, Putnam's Total Return institutional portfolio, and Putnam's 529 college savings plan. Mr. Fetch has been in the investment industry since he joined Putnam in 1994 as a Portfolio Accountant. He joined the Global Asset Allocation group as an Investment Associate in 1996.

Robert J. Kea

Start Date

Tenure

Tenure Rank

Nov 01, 2004

11.0

11.0%

Mr. Kea is a Co-Head of the Global Asset Allocation group and, in partnership with other GAA Co-Heads, is responsible for overall strategy and positioning of Putnam’s GAA products. In this role he is accountable for top-down equity views in GAA portfolios, and his work contributes to Putnam’s Capital Market’s Outlook. He is Portfolio Manager of Putnam Absolute Return 500 Fund, Putnam Absolute Return 700 Fund, Putnam Dynamic Asset Allocation Funds (Growth, Balanced, and Conservative), Putnam Dynamic Risk Allocation Fund, Putnam Retirement Income Lifestyle Funds, Putnam RetirementReady Funds, Putnam’s Total Return institutional portfolio, and Putnam’s 529 college savings plan. Mr. Kea, a CFA charterholder, joined Putnam in 1989 as an accountant for international funds. He has been in the investment industry since 1988.

Robert J. Schoen

Start Date

Tenure

Tenure Rank

Nov 01, 2004

11.0

11.0%

Mr. Schoen is Co-Head of the Global Asset Allocation group and, in partnership with other GAA Co-Heads, is responsible for overall strategy and positioning of Putnam’s GAA products. In this role he is accountable for overseeing equity process and risk for GAA portfolios, and his work contributes to Putnam’s Capital Markets Outlook.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 16.76 6.29 7.5

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