Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 11/20/2020

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 2020 Fund

PMRGX | Fund

$20.72

$227 M

1.85%

$0.38

0.20%

Vitals

YTD Return

-3.2%

1 yr return

-1.8%

3 Yr Avg Return

1.2%

5 Yr Avg Return

2.6%

Net Assets

$227 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$20.7
$19.47
$22.04

Expenses

OPERATING FEES

Expense Ratio 0.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 82.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/20/2020

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 2020 Fund

PMRGX | Fund

$20.72

$227 M

1.85%

$0.38

0.20%

PMRGX - Profile

Distributions

  • YTD Total Return -3.2%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.93%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Putnam RetirementReady 2020 Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Sep 01, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Schoen

Fund Description

PMRGX - Performance

Return Ranking - Trailing

Period PMRGX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -8.1% 12.3% 97.81%
1 Yr -1.8% -11.2% 11.1% 96.76%
3 Yr 1.2%* -1.3% 7.3% 96.97%
5 Yr 2.6%* 1.5% 7.4% 96.50%
10 Yr 4.3%* 3.5% 7.9% 91.89%

* Annualized

Return Ranking - Calendar

Period PMRGX Return Category Return Low Category Return High Rank in Category (%)
2023 6.1% -0.2% 15.6% 88.07%
2022 -8.8% -16.8% -5.1% 40.65%
2021 6.2% -13.1% 12.5% 69.01%
2020 N/A -1.8% 6.3% N/A
2019 N/A -10.7% -1.8% N/A

Total Return Ranking - Trailing

Period PMRGX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -8.1% 12.3% 97.81%
1 Yr -1.8% -11.2% 11.1% 94.02%
3 Yr 1.2%* -1.3% 7.3% 95.76%
5 Yr 2.6%* 1.0% 7.4% 95.10%
10 Yr 4.3%* 3.4% 7.9% 90.99%

* Annualized

Total Return Ranking - Calendar

Period PMRGX Return Category Return Low Category Return High Rank in Category (%)
2023 6.1% -0.2% 15.6% 88.07%
2022 -8.8% -16.8% -2.7% 63.87%
2021 6.2% -13.1% 15.7% 91.55%
2020 N/A -1.0% 9.0% N/A
2019 N/A -9.4% 0.1% N/A

NAV & Total Return History

PMRGX - Holdings

Concentration Analysis

PMRGX Category Low Category High PMRGX % Rank
Net Assets 227 M 124 K 31 B 64.06%
Number of Holdings 6 4 515 93.75%
Net Assets in Top 10 228 M 83.1 K 30.8 B 61.98%
Weighting of Top 10 N/A 46.7% 100.0% 25.74%

Top 10 Holdings

  1. Putnam Dynamic Asset Allocation Cnsrv P 33.83%
  2. Putnam Fixed Income Absolute Return P 30.45%
  3. Putnam Multi-Asset Absolute Return P 29.77%
  4. Putnam Government Money Market G 6.01%
  5. Putnam Dynamic Asset Allocation Bal P 0.00%

Asset Allocation

Weighting Return Low Return High PMRGX % Rank
Bonds 		65.43% 11.59% 74.95% 1.04%
Stocks 		17.14% 17.14% 59.78% 98.96%
Cash 		11.56% -16.55% 23.69% 11.98%
Other 		4.48% -0.73% 23.99% 8.33%
Convertible Bonds 		1.30% 0.00% 1.91% 11.98%
Preferred Stocks 		0.10% 0.00% 2.25% 40.10%

Stock Sector Breakdown

Weighting Return Low Return High PMRGX % Rank
Technology 		23.14% 10.55% 23.29% 3.13%
Consumer Cyclical 		14.40% 6.60% 14.40% 0.52%
Healthcare 		12.21% 10.72% 17.37% 74.48%
Financial Services 		11.30% 9.62% 17.41% 90.10%
Communication Services 		10.07% 5.41% 10.07% 0.52%
Consumer Defense 		9.03% 5.76% 12.57% 16.67%
Industrials 		6.71% 6.71% 14.63% 98.96%
Basic Materials 		6.43% 3.05% 7.01% 5.21%
Real Estate 		2.47% 1.90% 18.20% 81.77%
Utilities 		2.24% 0.81% 6.16% 81.77%
Energy 		2.00% 1.54% 4.28% 81.77%

Stock Geographic Breakdown

Weighting Return Low Return High PMRGX % Rank
Non US 		8.96% 4.59% 27.03% 90.10%
US 		8.18% 8.18% 44.08% 98.96%

Bond Sector Breakdown

Weighting Return Low Return High PMRGX % Rank
Securitized 		39.15% 0.00% 41.58% 1.04%
Government 		25.03% 10.81% 99.23% 75.00%
Cash & Equivalents 		18.87% 0.76% 56.20% 26.56%
Corporate 		16.50% 0.00% 54.75% 89.58%
Derivative 		0.45% 0.00% 32.24% 29.69%
Municipal 		0.00% 0.00% 6.26% 91.15%

Bond Geographic Breakdown

Weighting Return Low Return High PMRGX % Rank
US 		60.99% 8.59% 74.95% 1.04%
Non US 		4.44% 0.00% 33.43% 76.04%

PMRGX - Expenses

Operational Fees

PMRGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.01% 13.33% 82.94%
Management Fee 0.47% 0.00% 0.78% 84.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.28% N/A

Sales Fees

PMRGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PMRGX 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.

PMRGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 82.00% 0.00% 120.35% 94.54%

PMRGX - Distributions

Dividend Yield Analysis

PMRGX Category Low Category High PMRGX % Rank
Dividend Yield 1.85% 0.00% 5.38% 6.25%

Dividend Distribution Analysis

PMRGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

PMRGX Category Low Category High PMRGX % Rank
Net Income Ratio 1.93% 0.14% 4.46% 63.93%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PMRGX - Fund Manager Analysis

Managers

Robert Schoen

Start Date

Tenure

Tenure Rank

Nov 01, 2004

16.01

16.0%

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

7.92

7.9%

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.

Jason Vaillancourt

Start Date

Tenure

Tenure Rank

Nov 30, 2012

7.92

7.9%

Mr. Vaillancourt is 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 the research that drives the top-down views of GAA portfolios, including asset class, region, and sector decisions. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Vaillancourt 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. He joined Putnam in 1999 and has been in the investment industry since 1993.

Brett Goldstein

Start Date

Tenure

Tenure Rank

Mar 31, 2019

1.59

1.6%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 18.1 5.78 0.83

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.