1 / 5 Stars
5 5 5 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 190 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 4.97 percent over the past year, 4.13 percent over the past three years, and 6.97 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.2%|
|3 Years (Annualized)||4.1%|
|5 Years (Annualized)||7.0%|
|10 Years (Annualized)||N/A|
The investment seeks to earn a positive total return that exceeds the return on U.S. Treasury bills by 700 basis points (or 7.00%) on an annualized basis over a reasonable period of time (generally at least three years or more) regardless of market conditions. The fund combines two separate investment strategies. The beta strategy consists of a globally diversified asset allocation strategy. The alpha strategy involves the potential use of various "overlay" strategies. These consist of diverse active trading strategies designed to provide additional total return through the exploitation of market inefficiencies and other conditions.
Fees are Above Average compared to funds in the same category.
Putnam Absolute Return 700 Fund has an expense ratio of 1.25 percent.
Risk is Low compared to funds in the same category according to Morningstar.