Putnam RetirementReady 2030 Fund

Class Inst (PRRTX)
Scorecard
4 / 5 Stars
Lipper
3 3 3 4 4
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C+ (Hold)

U.S. News evaluated 52 Target Date 2026-2030 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 15.62 percent over the past year, 8.63 percent over the past three years, and 18.24 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year 15.6%
3 Years (Annualized) 8.6%
5 Years (Annualized) 18.2%
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. The fund's asset allocation strategy may be attractive to investors who plan to retire or otherwise intend to begin making periodic withdrawals of their investments in or about 2030. 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.