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Morningstar

Putnam Sustainable Retirement Mat B PRMLX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 15.32  /  0.00
  • Total Assets 196.5 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.600%
  • Distribution Fee Level High
  • Share Class Type —
  • Category Target-Date Retirement
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity —
  • Status Closed
  • TTM Yield 2.91%
  • Turnover 121%

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0

Morningstar’s Analysis PRMLX

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

  • People Pillar

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

Putnam Sustainable Retirement Mat B's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PRMLX

More PRMLX 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