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Morningstar

Putnam RetirementReady 2030 Y PRRTX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 22.18  /  0.45 %
  • Total Assets 236.9 Mil
  • Adj. Expense Ratio
    0.110%
  • Expense Ratio 0.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Target-Date 2030
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 6.13%
  • Turnover 37%

USD | NAV as of Feb 01, 2023 | 1-Day Return as of Feb 01, 2023, 11:59 PM GMT+00:00

Morningstar’s Analysis PRRTX

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

People Pillar

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

Summary

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The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Putnam RetirementReady 2030 Y to a Morningstar Quantitative Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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