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Morningstar

Putnam Retirement Advantage 2055 A PADYX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 9.52  /  0.10 %
  • Total Assets 3.0 Mil
  • Adj. Expense Ratio
    0.170%
  • Expense Ratio 0.800%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Target-Date 2055
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 0.54%
  • Turnover 25%

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 12:14 AM GMT+0

Morningstar’s Analysis PADYX

Will PADYX 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 PADYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PADYX 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 PADYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Putnam Retirement Advantage 2055 A to a Morningstar Medalist Rating of Negative. 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
Rated on Published on

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Portfolio Holdings PADYX

More PADYX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 4
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Putnam Dynamic Asset Allocation Gr P

51.73
1,648,726
—

Putnam Dynamic Asset Allocation Equity A

47.73
1,521,230
—

Putnam Fds Tr

0.50
15,830
—

Net Cash

0.04
1,391
Cash and Equivalents