The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Putnam RetirementReady Maturity C to a Morningstar Quantitative 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 most expensive quintile among peers.
- NAV / 1-Day Return 14.86 / 0.40 %
- Total Assets 225.0 Mil
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Adj. Expense Ratio
- Expense Ratio 1.630%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Target-Date Retirement
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 6.55%
- Turnover 24%
Morningstar’s Analysis PRMCX
Will PRMCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.