3 / 5 Stars
4 4 1 2 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#11 in Target Date 2036-2040
U.S. News evaluated 45 Target Date 2036-2040 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 14.68 percent over the past year, 9.51 percent over the past three years, and 3.77 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||10.0%|
|3 Years (Annualized)||9.5%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||N/A|
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 2040. 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. The fund typically invests 85% of assets in equity and 15% of assets in fixed income securities.
Fees are Average compared to funds in the same category.
Putnam RetirementReady 2040 Fund has an expense ratio of 0.25 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.