Putnam Retirement Income Lifestyle 2 C
One PostOne Post Office SquareBoston MA 02109
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Phone: 800-225-1581
| Category: | Retirement Income | | Fund Family: | Putnam | | Net Assets: | 11.87M | | Year-to-Date Return: | 2.97% | | Yield: | 0.28% | | Morningstar Rating: | N/A | | Fund Inception Date: | Jun 15, 2011 |
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Jason R. Vaillancourt
Lead Manager since Dec 29, 2012 | | | Mr. Vaillancourt is a Senior Vice President and Investment Strategist on the Global Asset Allocation team. He is responsible for the research that drives the top-down views of the GAA portfolios including asset class, region and sector decisions. This work also contributes to Putnamâs Capital Markets Outlook. He also has primary responsibility for international equity security selection within the GAA portfolios in addition to his role serving as a portfolio manager for Putnamâs Separately Managed Account business. Mr.Vaillancourt, who joined Putnam in 2000, is a CFA charterholder and has 12 years of investment experience. |
| Min Initial Investment: | 0 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks current income consistent with what the adviser believes to be prudent risk.
The fund invests mainly in a combination of bonds and common stocks of U.S. and non-U.S. companies and in Putnam Absolute Return 100 Fund, Putnam Absolute Return 300 Fund, Putnam Absolute Return 500 Fund and Putnam Absolute Return 700 Fund. The strategic allocation for fixed income and equity investments is 70% and 30% of the fund's assets; the range of potential allocation for fixed income and equity investments is 60-100% and 0-40% of the fund's assets. It may also use to a significant extent derivatives. |
| Last Dividend
(Dec 25, 2012)
:
| 0.03 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 36.00% | | Average for Category: | 24.67% |
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| Expense | PRYCX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.45% | 0.48% | | Prospectus Net Expense Ratio: | 1.78% | N/A | | Prospectus Gross Expense Ratio: | 3.81% | N/A | | Max 12b1 Fee: | 1.00% | N/A | | Max Front End Sales Load: | N/A | 4.72% | | Max Deferred Sales Load:
| 1.00% | 1.80% | | 3 Yr Expense Projection*: | 977 | 516 | | 5 Yr Expense Projection*: | 1,792 | 785 | | 10 Yr Expense Projection*: | 3,916 | 1,579 |
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0.02(0.19%) May 21