Putnam Retirement Ready Maturity A One Post Office Square Boston, MA 02109 Map
Phone: 800-225-1581
| Category: | Retirement Income | | Fund Family: | Putnam | | Net Assets: | 11.37M | | Year-to-Date Return: | 27.42% | | Yield: | 4.82% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Nov-04 |
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Jeffrey L. Knight
Lead Manager since
01-Nov-04 | | | 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. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| 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 in the near future. It primarily invests in other Putnam funds based on the fund target date. |
| Last Dividend
(25-Nov-09):
| 0.01 | | Last Cap Gain
(24-Dec-07):
| 0.82 | | Annual Holdings Turnover
| 137.01% | | Average for Category:
| 45.99% |
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| Expense | PRMAX | Category Avg | | Total Expense Ratio: | %
| 0.64% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | 5.75%
| 5.07% | | Max Deferred Sales Load: | %
| 2.45% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $803 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,005 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,994 |
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