| Symbol | Value ($) |
|---|---|
| Morningstar Rating | |
| Previous Close | 17.14 |
| Category | Retirement Income |
| Net Assets | 14.64 Mil |
| Yield | 1.05% |
| Morningstar Risk | Below Average |
| Morningstar Return | Low |
- Last NAV update 5/17/2013 3:00 AM ET
| NA |
|---|
| The investment seeks as high a rate of current income as Putnam Management believes is consistent with preservation of capital. The fund employs an asset allocation strategy designed for investors who are already in retirement or who plan to retire (or otherwise begin withdrawing the invested funds) in the near future. It is designed to provide diversification among different asset classes by investing a majority of its assets in other Putnam mutual funds, referred to as underlying funds. The fund typically invests 75% of assets in fixed income securities and 25% of assets in equity. |
| 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|
| Return | 28.73% | 5.26% | -0.39% | 7.08% | 3.68% |
| Value ($) | 12,873.00 | 13,550.12 | 13,497.27 | 14,452.88 | 14,984.75 |
- Year to date performance as of 5/16/2013 8:00 PM ET
| Symbol | Value ($) |
|---|---|
| Fund Family | Putnam |
| Fund Manager | Robert Kea |
| Tenure (Years) | 9 |
| Fund Status | Open |
| Minimum Initial Purchase | 0.00 |
| Minimum IRA Investment | NA |
| Front Load | 4.00 |
| Expense Ratio | 0.13% |
| Symbol | Value ($) |
|---|---|
| 1 Month | 1.26% |
| 3 Months | 2.22% |
| 1 Year | 7.62% |
| 3 Years* | 4.70% |
| 5 Years* | 2.38% |
- * Annualized returns
- Performance as of 5/16/2013 8:00 PM ET
| PRMAX | Retirement Income | |
|---|---|---|
| 5-Yr Return | 2.38% | 4.28% |
| Sharpe Ratio | 1.13 | 1.10 |
| Net Assets | 14.64 Mil | 106.78 Mil |
| Avg Market Cap | 37.60 Bil | 25.81 Bil |
| Avg P/E | 13.98 | 14.16 |
| Portfolio Turnover | 40 | 25 |
| Symbol | Value ($) |
|---|---|
| Stocks | 20.43% |
| Cash | 19.96% |
| Fixed Income | 48.85% |
| Other | 10.76% |
| NAME | % NET ASSETS |
|---|---|
| Putnam Dynamic Asset Allocation Cnsrv Y | 34.01% |
| Putnam Absolute Return 500 Y | 30.01% |
| Putnam Absolute Return 300 Y | 21.01% |
| Putnam Absolute Return 100 Y | 9.00% |
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