Mutual Fund Insights: Putnam Retirement Ready 2035 A Fund (PRRWX)

In-depth Analysis of Putnam Retirement Ready 2035 A Fund (PRRWX)

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See Putnam Retirement Ready 2035 A Fund (PRRWX) performance details as of February 28, 2010

  

Last Trade: $14.91 on 3/19/2010, Change: -0.08 (-0.53%)

  

Fund Manager - Jeffrey L. Knight

Fund Manager Tenure: 5.4 years   [Similar Funds: PRRYX ]
Fundmojo Fund Grade: C (Score: 0.53)     (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 2035 A Fund (PRRWX)

Data for Putnam Retirement Ready 2035 A Fund (PRRWX) as of February 28, 2010

• Putnam Retirement Ready 2035 A Fund (PRRWX) management has been with Putnam Retirement Ready 2035 A Fund for 5.4 years
• Putnam Retirement Ready 2035 A Fund (PRRWX) has good short-term performance (1-year return 53.97% vs 52.17 % Target Date 2031-2035 category average)
• Putnam Retirement Ready 2035 A Fund (PRRWX) has good mid-term performance (3-year return -5.81% vs -5.11 % Target Date 2031-2035 category average)
• Putnam Retirement Ready 2035 A Fund (PRRWX) ratio of up-years vs down years is greater than 2
• Putnam Retirement Ready 2035 A Fund (PRRWX) is less volatile than its peers as it has a 3-year Standard Deviation of 19.96, lower than category average of 20.22
• Putnam Retirement Ready 2035 A Fund (PRRWX) has a lower management fee than its Target Date 2031-2035 average: 0.35% vs 0.55%

  

 What we are cautious about Putnam Retirement Ready 2035 A Fund (PRRWX)

Data for Putnam Retirement Ready 2035 A Fund (PRRWX) as of February 28, 2010

• Putnam Retirement Ready 2035 A Fund (PRRWX) has a less-than-ideal Long-term performance (5-year return 0.75% vs 1.22 % Target Date 2031-2035 category average)
• Putnam Retirement Ready 2035 A Fund (PRRWX) has a Morningstar rating of 3 and below
• Putnam Retirement Ready 2035 A Fund (PRRWX) is less safe compared to its Target Date 2031-2035 peers
• Putnam Retirement Ready 2035 A Fund (PRRWX) has an annual stock turnover rate of 152.61% that is higher than the Target Date 2031-2035 average of 25.73%. This could mean Putnam Retirement Ready 2035 A is more nimble, but also signal potential high tax impact and high trading fees
• Putnam Retirement Ready 2035 A Fund (PRRWX) does not have a good risk adjusted return as its 3-year Alpha of -5.72 is worse than category average of -4.92, and its 3-year Sharpe ratio is -0.29
• Putnam Retirement Ready 2035 A Fund (PRRWX) carries a 5.75% load

See Putnam Retirement Ready 2035 A Fund (PRRWX) performance details as of February 28, 2010

  

  

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Putnam Retirement Ready 2035 A Fund (PRRWX) Net Asset

Track net asset change of Putnam Retirement Ready 2035 A fund (PRRWX)

Date	Net Asset
02/2010	$33.10M
01/2010	$20.67M
11/2009	$21.10M

More historic net asset information on Putnam Retirement Ready 2035 A Fund (PRRWX)

  

Putnam Retirement Ready 2035 A Fund (PRRWX) Portfolio Allocation

Track portfolio allocation change of Putnam Retirement Ready 2035 A fund (PRRWX)

Date	Cash	Stock	Bond	Other
09/2009	12.01%	55.45%	28.28%	4.26%
06/2009	10.75%	31.66%	31.94%	25.64%
03/2009	11.51%	37.05%	27.04%	24.41%

Click here to see more historic asset allocation information on Putnam Retirement Ready 2035 A Fund (PRRWX)

  

Most Recent Top 10 Holdings in Putnam Retirement Ready 2035 A Fund (PRRWX)

Discover what Putnam Retirement Ready 2035 A Fund (PRRWX) manager is buying

30-Sep-09 Putnam Asset Allocation: Growth Y [58.56%] Putnam Asset Allocation: Equity Y [28.26%] Putnam Absolute Return 700 Y [7.45%] Putnam Absolute Return 500 Y [2.64%] Putnam Absolute Return 100 Y [2.41%] Putnam Money Market A [0.67%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

30-Jun-09 Putnam Asset Allocation: Growth Y [72.31%] Putnam Asset Allocation: Equity Y [30.11%] Putnam Money Market A [2.6%] 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 [68.66%] Putnam Asset Allocation: Equity Y [28.14%] 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 2035 A Fund (PRRWX)

  

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See more information on Putnam Retirement Ready 2035 A Fund (PRRWX)

• Putnam Retirement Ready 2035 A Fund Insights
• Putnam Retirement Ready 2035 A Fund Performance Data
• Putnam Retirement Ready 2035 A Fund News
• Putnam Retirement Ready 2035 A Fund Score Explaination
• Putnam Retirement Ready 2035 A Fund Manager Information
• Historic Putnam Retirement Ready 2035 A Fund Asset Allocation Report
• Historic Putnam Retirement Ready 2035 A Fund Top 10 Holding Tracking
• Historic Putnam Retirement Ready 2035 A Fund Asset Under Management Tracking