1 / 5 Stars
4 4 5 5 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 187 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 5.64 percent over the past year, 3.50 percent over the past three years, and 4.63 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.1%|
|3 Years (Annualized)||3.5%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||N/A|
The investment seeks to earn a positive total return that exceeds the return on U.S. Treasury bills by 500 basis points (or 5.00%) on an annualized basis over a reasonable period of time (generally at least three years or more) regardless of market conditions. The fund is designed to pursue a consistent absolute return by combining two independent investment strategies - a beta strategy, which provides broad exposure to investment markets, and an alpha strategy, which seeks returns from active trading.
Fees are Above Average compared to funds in the same category.
Putnam Absolute Return 500 Fund has an expense ratio of 1.11 percent.
Risk is Low compared to funds in the same category according to Morningstar.