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Putnam RetirementReady 2035 Y (PRRYX) Fund Ranking and Research

Ranking, Research and Recommendation of Putnam RetirementReady 2035 Y (PRRYX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Putnam RetirementReady 2035 Y Fund (PRRYX) ManagerFund Manager - Robert J. Kea

Fund Manager Information

Fund Manager Tenure: 15.6 years
Similar Funds: PRRWX 
Fund Family: Putnam
Fund Category: Target-Date 2035
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.71)     (What does this score mean?)

 

Graph of Putnam RetirementReady 2035 Y Fund (PRRYX) ProfilePutnam RetirementReady 2035 Y Fund (PRRYX) Profile

Fund Profile and Description

Putnam RetirementReady 2035 Y Fund seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches target date. Putnam RetirementReady 2035 Y Fund employs an asset allocation strategy designed for investors planning to retire in or around 2035. It primarily invests in other Putnam funds based on the fund target date. Putnam RetirementReady 2035 Y Fund allocation gradually changes and becomes more conservative over time until 2035.

 

Putnam RetirementReady 2035 Y (PRRYX) Fund Strength What we like about Putnam RetirementReady 2035 Y (PRRYX) Fund

Data for Putnam RetirementReady 2035 Y Fund (PRRYX) as of May 30, 2016

  • Putnam RetirementReady 2035 Y Fund (PRRYX) management has been with Putnam RetirementReady 2035 Y Fund for 15.6 years
  • Putnam RetirementReady 2035 Y Fund (PRRYX) has good mid-term performance (3-year return 6.49% vs 5.59% Target-Date 2035 category median performance)
  • Putnam RetirementReady 2035 Y Fund (PRRYX) has good Long-term performance (5-year return 6.75% vs 5.95% Target-Date 2035 category median performance)
  • Putnam RetirementReady 2035 Y Fund (PRRYX) ratio of up-years vs down years is greater than 2
  • Putnam RetirementReady 2035 Y Fund (PRRYX) has a Morningstar rating of 4 and above
  • Asset base in Putnam RetirementReady 2035 Y Fund (PRRYX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Putnam RetirementReady 2035 Y Fund (PRRYX) is less volatile than its peers as it has a 3-year Standard Deviation of 8.46, lower than category average of 9.59
  • Putnam RetirementReady 2035 Y Fund (PRRYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Putnam RetirementReady 2035 Y Fund (PRRYX) Weakness What we are cautious about Putnam RetirementReady 2035 Y (PRRYX) Fund

Data for Putnam RetirementReady 2035 Y Fund (PRRYX) as of May 30, 2016

  • Putnam RetirementReady 2035 Y Fund (PRRYX) has a less-than-ideal short-term performance (1-year return -3.74% vs -3.24% Target-Date 2035 category median performance)
  • Putnam RetirementReady 2035 Y Fund (PRRYX) has an annual stock turnover rate of 101.00% that is higher than the Target-Date 2035 average of 24.63%. This could mean Putnam RetirementReady 2035 Y is more nimble, but also signal potential high tax impact and high trading fees
See Putnam RetirementReady 2035 Y Fund (PRRYX) performance details as of May 30, 2016

 

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Compare Putnam RetirementReady 2035 Y Fund (PRRYX)Compare with other top Target-Date 2035 category mutual funds

Aadditional top Target-Date 2035 mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Putnam RetirementReady 2035 Y0.90-3.746.496.75
American Funds 2035 Trgt Date Retire R6 (RFFTX)2.80-1.457.858.34Compare
American Century One Choice 2035 Instl (ARLIX)2.61-1.886.026.87Compare
American Funds 2035 Trgt Date Retire A (AAFTX)2.73-1.757.507.96Compare

See top fund managers for Target-Date 2035 Category Funds

 

Graph of Putnam RetirementReady 2035 Y Fund (PRRYX) Net Asset TrackingPutnam RetirementReady 2035 Y (PRRYX) Fund Net Asset

Track net asset change of Putnam RetirementReady 2035 Y fund (PRRYX)

DateNet Asset
05/2016$65.53M
03/2016$60.89M
02/2016$59.67M
More historic net asset information on Putnam RetirementReady 2035 Y Fund (PRRYX)

  

Graph of Putnam RetirementReady 2035 Y Fund (PRRYX) Portfolio TrackingPutnam RetirementReady 2035 Y (PRRYX) Fund Portfolio Allocation

Track portfolio allocation change of Putnam RetirementReady 2035 Y fund (PRRYX)

DateCashStockBondOther
03/201620.67%54.22%23.49%1.28%
12/201520.03%53.09%25.33%1.19%
09/201518.23%53.02%24.81%3.58%
Click here to see more historic asset allocation information on Putnam RetirementReady 2035 Y Fund (PRRYX)

 

graph of Putnam RetirementReady 2035 Y Fund (PRRYX) Top 10 Position TrackingTop 10 Holdings in Putnam RetirementReady 2035 Y (PRRYX) Fund

Discover what Putnam RetirementReady 2035 Y Fund (PRRYX) manager is buying

Mar 30, 2016
Putnam Dynamic Asset Allocation Gr Y [68.32%]
Putnam Absolute Return 700 Y [10.55%]
Putnam Dynamic Asset Allocation Bal Y [10.05%]
Putnam Absolute Return 500 Y [5.02%]
Putnam Absolute Return 100 Y [2.51%]
Putnam Absolute Return 300 Y [1.21%]
Putnam Dynamic Asset Allocation Equity Y [0%]

Dec 30, 2015
Putnam Dynamic Asset Allocation Gr Y [68.02%]
Putnam Absolute Return 700 Y [10.5%]
Putnam Dynamic Asset Allocation Bal Y [10%]
Putnam Absolute Return 500 Y [5%]
Putnam Absolute Return 100 Y [2.5%]
Putnam Absolute Return 300 Y [1.2%]
Putnam Dynamic Asset Allocation Equity Y [0%]

Sep 29, 2015
Putnam Dynamic Asset Allocation Gr Y [68.08%]
Putnam Absolute Return 700 Y [10.51%]
Putnam Dynamic Asset Allocation Bal Y [10.01%]
Putnam Absolute Return 500 Y [5.01%]
Putnam Absolute Return 100 Y [2.5%]
Putnam Absolute Return 300 Y [1.2%]
Putnam Dynamic Asset Allocation Equity Y [0%]
Click here for Stock Holding Change Map in Putnam RetirementReady 2035 Y Fund (PRRYX)

  

Latest News on Putnam RetirementReady 2035 Y (PRRYX) Fund

See what is happening with Putnam RetirementReady 2035 Y Fund (PRRYX)

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Putnam RetirementReady 2035 Y Fund (PRRYX) Related ResourcesSee more information on Putnam RetirementReady 2035 Y (PRRYX) Fund

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