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Morningstar

Putnam Sustainable Retirement Mat A PRMAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 15.84  /  −0.13 %
  • Total Assets 196.7 Mil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.850%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Target-Date Retirement
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.53%
  • Turnover 121%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0

Morningstar’s Analysis PRMAX

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

  • People Pillar

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

Putnam Sustainable Retirement Mat A's Average Process Pillar and People 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-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PRMAX

More PRMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Putnam ESG Core Bond ETF

49.87 101.1 Mil
—

Putnam ESG High Yield ETF

16.52 33.5 Mil
—

Putnam Sustainable Leaders ETF

15.74 31.9 Mil
—

Putnam Sustainable Future ETF

7.73 15.7 Mil
—

Putnam ESG Ultra Short ETF

5.60 11.4 Mil
—

Putnam PanAgora ESG Intl Eq ETF

4.38 8.9 Mil
—

Net Cash

0.16 329,536
Cash and Equivalents