Mutual Fund Insights: Putnam Retirement Ready 2025 Y Fund (PRRPX)

In-depth Analysis of Putnam Retirement Ready 2025 Y Fund (PRRPX)

3 months 6 months 1 year 3 year 5 year

See Putnam Retirement Ready 2025 Y Fund (PRRPX) performance details as of February 28, 2010

  

Last Trade: $16.29 on 3/19/2010, Change: -0.06 (-0.37%)

  

Fund Manager - Jeffrey L. Knight

Fund Manager Tenure: 5.4 years   [Similar Funds: PRROX ]
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)

Jeffrey L. Knight is a managing director, deputy head of investments, and CIO of Putnam’s Global Asset Allocation team. Knight oversees the team’s institutional and individual portfolios and asset allocation investment process for the multi-asset-class portfolios.  Get more insights on Jeffrey L. Knight

  

 What we like about Putnam Retirement Ready 2025 Y Fund (PRRPX)

Data for Putnam Retirement Ready 2025 Y Fund (PRRPX) as of February 28, 2010

• Putnam Retirement Ready 2025 Y Fund (PRRPX) management has been with Putnam Retirement Ready 2025 Y Fund for 5.4 years
• Putnam Retirement Ready 2025 Y Fund (PRRPX) has good short-term performance (1-year return 50.00% vs 47.78 % Target Date 2021-2025 category average)
• Putnam Retirement Ready 2025 Y Fund (PRRPX) has good mid-term performance (3-year return -4.35% vs -4.29 % Target Date 2021-2025 category average)
• Putnam Retirement Ready 2025 Y Fund (PRRPX) ratio of up-years vs down years is greater than 2
• Putnam Retirement Ready 2025 Y Fund (PRRPX) is less volatile than its peers as it has a 3-year Standard Deviation of 18.04, lower than category average of 18.83
• Putnam Retirement Ready 2025 Y Fund (PRRPX) has a lower management fee than its Target Date 2021-2025 average: 0.10% vs 0.58%
• Putnam Retirement Ready 2025 Y Fund (PRRPX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Putnam Retirement Ready 2025 Y Fund (PRRPX)

Data for Putnam Retirement Ready 2025 Y Fund (PRRPX) as of February 28, 2010

• Putnam Retirement Ready 2025 Y Fund (PRRPX) has a less-than-ideal Long-term performance (5-year return 1.43% vs 1.77 % Target Date 2021-2025 category average)
• Putnam Retirement Ready 2025 Y Fund (PRRPX) has a Morningstar rating of 3 and below
• Putnam Retirement Ready 2025 Y Fund (PRRPX) is less safe compared to its Target Date 2021-2025 peers
• Putnam Retirement Ready 2025 Y Fund (PRRPX) has an annual stock turnover rate of 139.24% that is higher than the Target Date 2021-2025 average of 29.23%. This could mean Putnam Retirement Ready 2025 Y is more nimble, but also signal potential high tax impact and high trading fees
• Putnam Retirement Ready 2025 Y Fund (PRRPX) does not have a good risk adjusted return as its 3-year Alpha of -4.56 is worse than category average of -4.34, and its 3-year Sharpe ratio is -0.26

See Putnam Retirement Ready 2025 Y Fund (PRRPX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Target Date 2021-2025 category?

Below are some additional Target Date 2021-2025 mutual funds generated out of our database

• See top fund managers for Target Date 2021-2025 Category Funds
• Browse other funds in Target Date 2021-2025 Category

  

Putnam Retirement Ready 2025 Y Fund (PRRPX) Net Asset

Track net asset change of Putnam Retirement Ready 2025 Y fund (PRRPX)

Date	Net Asset
02/2010	$50.87M
01/2010	$12.61M
11/2009	$13.30M

More historic net asset information on Putnam Retirement Ready 2025 Y Fund (PRRPX)

  

Putnam Retirement Ready 2025 Y Fund (PRRPX) Portfolio Allocation

Track portfolio allocation change of Putnam Retirement Ready 2025 Y fund (PRRPX)

Date	Cash	Stock	Bond	Other
09/2009	12.64%	39.07%	44.28%	4.02%
06/2009	13.94%	35.82%	45.28%	4.97%
03/2009	14.12%	42.35%	40.44%	3.11%

Click here to see more historic asset allocation information on Putnam Retirement Ready 2025 Y Fund (PRRPX)

  

Most Recent Top 10 Holdings in Putnam Retirement Ready 2025 Y Fund (PRRPX)

Discover what Putnam Retirement Ready 2025 Y Fund (PRRPX) manager is buying

30-Sep-09 Putnam Asset Allocation: Growth Y [45.52%] Putnam Asset Allocation: Balanced Y [27.96%] Putnam Absolute Return 700 Y [12.12%] Putnam Absolute Return 500 Y [5.4%] Putnam Absolute Return 100 Y [3.11%] Putnam Money Market A [3.09%] Putnam Absolute Return 300 Y [2.83%] N/A [0%] N/A [0%] N/A [0%]

30-Jun-09 Putnam Asset Allocation: Growth Y [74.34%] Putnam Asset Allocation: Balanced Y [24.79%] Putnam Money Market A [5.46%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Mar-09 Putnam Asset Allocation: Growth Y [68.99%] Putnam Asset Allocation: Balanced Y [24.44%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in Putnam Retirement Ready 2025 Y Fund (PRRPX)

  

Related books and products to Putnam Retirement Ready 2025 Y Fund (PRRPX)

  

Latest News on Putnam Retirement Ready 2025 Y (PRRPX)

See what is happening with Putnam Retirement Ready 2025 Y Fund (PRRPX)

Yahoo! Finance: RSS feed not found See more news on Putnam Retirement Ready 2025 Y Fund (PRRPX)

 

Books and Resources

 

 

See more information on Putnam Retirement Ready 2025 Y Fund (PRRPX)

• Putnam Retirement Ready 2025 Y Fund Insights
• Putnam Retirement Ready 2025 Y Fund Performance Data
• Putnam Retirement Ready 2025 Y Fund News
• Putnam Retirement Ready 2025 Y Fund Score Explaination
• Putnam Retirement Ready 2025 Y Fund Manager Information
• Historic Putnam Retirement Ready 2025 Y Fund Asset Allocation Report
• Historic Putnam Retirement Ready 2025 Y Fund Top 10 Holding Tracking
• Historic Putnam Retirement Ready 2025 Y Fund Asset Under Management Tracking