Putnam Retirement Income Lifestyle 1 Fund

Scorecard
3 / 5 Stars
Lipper
1 2 5 1 4
Zacks Investment Research
4 (Sell)
Standard & Poor's
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TheStreet.com
C (Hold)

U.S. News evaluated 60 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 4.93 percent over the past year, 3.53 percent over the past three years, and 9.82 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.1%
1 Year 4.9%
3 Years (Annualized) 3.5%
5 Years (Annualized) 9.8%
10 Years (Annualized) N/A

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Summary

The investment seeks as high a rate of current income as Putnam Investment Management believes is consistent with preservation of capital. The fund employs an asset allocation strategy designed for investors who are already in retirement or who plan to retire (or otherwise begin withdrawing the invested funds) in the near future. It is designed to provide diversification among different asset classes by investing a majority of its assets in other Putnam mutual funds, referred to as underlying funds.

Fees

Fees are Above Average compared to funds in the same category.
Putnam Retirement Income Lifestyle 1 Fund has an expense ratio of 0.50 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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