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Morningstar

Putnam Sustainable Retirement 2040 A PRRZX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 21.61  /  +0.89 %
  • Total Assets 235.2 Mil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.850%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Target-Date 2040
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.06%
  • Turnover 137%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PRRZX

Will PRRZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRRZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRRZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRRZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Putnam Sustainable Retirement 2040 A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PRRZX

More PRRZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Putnam Sustainable Leaders ETF

40.77 98.9 Mil
—

Putnam ESG Core Bond ETF

20.09 48.7 Mil
—

Putnam Sustainable Future ETF

18.72 45.4 Mil
—

Putnam PanAgora ESG Intl Eq ETF

12.47 30.2 Mil
—

Putnam ESG High Yield ETF

4.42 10.7 Mil
—

Putnam PanAgora ESG Emerg Mkts Eq ETF

2.30 5.6 Mil
—

Putnam ESG Ultra Short ETF

0.86 2.1 Mil
—

Net Cash

0.37 899,513
Cash and Equivalents