The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Putnam RetirementReady 2040 Y to a Morningstar Quantitative Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
- NAV / 1-Day Return 23.64 / 0.55 %
- Total Assets 198.6 Mil
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 3.65%
- Turnover 32%
Morningstar’s Analysis PRZZX
Will PRZZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.