Mutual Fund Insights: Putnam Retirement Ready 2030 A Fund (PRRQX)

In-depth Analysis of Putnam Retirement Ready 2030 A Fund (PRRQX)

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See Putnam Retirement Ready 2030 A Fund (PRRQX) performance details as of February 28, 2010

  

Last Trade: $15.03 on 3/19/2010, Change: -0.07 (-0.46%)

  

Fund Manager - Jeffrey L. Knight

Fund Manager Tenure: 5.4 years   [Similar Funds: PRRTX ]
Fundmojo Fund Grade: C (Score: 0.59)     (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 2030 A Fund (PRRQX)

Data for Putnam Retirement Ready 2030 A Fund (PRRQX) as of February 28, 2010

• Putnam Retirement Ready 2030 A Fund (PRRQX) management has been with Putnam Retirement Ready 2030 A Fund for 5.4 years
• Putnam Retirement Ready 2030 A Fund (PRRQX) has good short-term performance (1-year return 53.34% vs 48.70 % Target Date 2026-2030 category average)
• Putnam Retirement Ready 2030 A Fund (PRRQX) has good mid-term performance (3-year return -5.13% vs -4.96 % Target Date 2026-2030 category average)
• Putnam Retirement Ready 2030 A Fund (PRRQX) has good Long-term performance (5-year return 1.02% vs 1.00 % Target Date 2026-2030 category average)
• Putnam Retirement Ready 2030 A Fund (PRRQX) ratio of up-years vs down years is greater than 2
• Putnam Retirement Ready 2030 A Fund (PRRQX) is less volatile than its peers as it has a 3-year Standard Deviation of 19.27, lower than category average of 19.58
• Putnam Retirement Ready 2030 A Fund (PRRQX) has a lower management fee than its Target Date 2026-2030 average: 0.35% vs 0.63%

  

 What we are cautious about Putnam Retirement Ready 2030 A Fund (PRRQX)

Data for Putnam Retirement Ready 2030 A Fund (PRRQX) as of February 28, 2010

• Putnam Retirement Ready 2030 A Fund (PRRQX) has a Morningstar rating of 3 and below
• Putnam Retirement Ready 2030 A Fund (PRRQX) is less safe compared to its Target Date 2026-2030 peers
• Putnam Retirement Ready 2030 A Fund (PRRQX) has an annual stock turnover rate of 147.83% that is higher than the Target Date 2026-2030 average of 35.55%. This could mean Putnam Retirement Ready 2030 A is more nimble, but also signal potential high tax impact and high trading fees
• Putnam Retirement Ready 2030 A Fund (PRRQX) does not have a good risk adjusted return as its 3-year Alpha of -5.14 is worse than category average of -4.89, and its 3-year Sharpe ratio is -0.27
• Putnam Retirement Ready 2030 A Fund (PRRQX) carries a 5.75% load

See Putnam Retirement Ready 2030 A Fund (PRRQX) performance details as of February 28, 2010

  

  

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Putnam Retirement Ready 2030 A Fund (PRRQX) Net Asset

Track net asset change of Putnam Retirement Ready 2030 A fund (PRRQX)

Date	Net Asset
02/2010	$43.64M
01/2010	$29.48M
11/2009	$28.86M

More historic net asset information on Putnam Retirement Ready 2030 A Fund (PRRQX)

  

Putnam Retirement Ready 2030 A Fund (PRRQX) Portfolio Allocation

Track portfolio allocation change of Putnam Retirement Ready 2030 A fund (PRRQX)

Date	Cash	Stock	Bond	Other
09/2009	10.98%	48.03%	36.26%	4.73%
06/2009	13.25%	38.42%	38.77%	9.55%
03/2009	14.24%	44.92%	32.78%	8.05%

Click here to see more historic asset allocation information on Putnam Retirement Ready 2030 A Fund (PRRQX)

  

Most Recent Top 10 Holdings in Putnam Retirement Ready 2030 A Fund (PRRQX)

Discover what Putnam Retirement Ready 2030 A Fund (PRRQX) manager is buying

30-Sep-09 Putnam Asset Allocation: Growth Y [68.44%] Putnam Absolute Return 700 Y [9.33%] Putnam Asset Allocation: Equity Y [7.13%] Putnam Asset Allocation: Balanced Y [5.82%] Putnam Absolute Return 500 Y [4.21%] Putnam Absolute Return 100 Y [2.42%] Putnam Money Market A [2.02%] Putnam Absolute Return 300 Y [0.68%] N/A [0%] N/A [0%]

30-Jun-09 Putnam Asset Allocation: Growth Y [92.97%] Putnam Asset Allocation: Equity Y [7.6%] Putnam Money Market A [3.63%] 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 [88.37%] Putnam Asset Allocation: Equity Y [7.11%] 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 2030 A Fund (PRRQX)

  

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See more information on Putnam Retirement Ready 2030 A Fund (PRRQX)

• Putnam Retirement Ready 2030 A Fund Insights
• Putnam Retirement Ready 2030 A Fund Performance Data
• Putnam Retirement Ready 2030 A Fund News
• Putnam Retirement Ready 2030 A Fund Score Explaination
• Putnam Retirement Ready 2030 A Fund Manager Information
• Historic Putnam Retirement Ready 2030 A Fund Asset Allocation Report
• Historic Putnam Retirement Ready 2030 A Fund Top 10 Holding Tracking
• Historic Putnam Retirement Ready 2030 A Fund Asset Under Management Tracking