PCDLX: Putnam Retirement Advantage 2035 R6

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PCDLX Putnam Retirement Advantage 2035 R6


Profile

PCDLX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $5.61 M
  • Holdings in Top 10 96.9%

52 WEEK LOW AND HIGH

$9.96
$7.74
$10.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2035

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Putnam Retirement Advantage 2035 Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Dec 31, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brett Goldstein

Fund Description

The fund's asset allocation strategy may be attractive to investors who plan to retire or otherwise intend to begin making periodic withdrawals of their investments in or about 2035 (the target date). It is designed to provide diversification among different asset classes by investing its assets in other Putnam mutual funds, referred to as underlying funds.


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Categories

Fund Company Quick Screens

PCDLX - Fund Company Quick Screens


Performance

PCDLX - Performance

Return Ranking - Trailing

Period PCDLX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -12.5% 6.4% N/A
1 Yr N/A -12.7% 10.2% N/A
3 Yr N/A* -5.8% 6.2% N/A
5 Yr N/A* -3.2% 4.9% N/A
10 Yr N/A* -2.4% 6.8% N/A

* Annualized

Return Ranking - Calendar

Period PCDLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -2.4% 19.7% N/A
2018 N/A -19.1% -3.6% N/A
2017 N/A -12.3% 18.2% N/A
2016 N/A -4.2% 6.9% N/A
2015 N/A -13.0% -0.3% N/A

Total Return Ranking - Trailing

Period PCDLX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -12.5% 6.4% N/A
1 Yr N/A -12.7% 10.2% N/A
3 Yr N/A* -5.5% 7.2% N/A
5 Yr N/A* -3.1% 7.4% N/A
10 Yr N/A* -1.0% 9.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PCDLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -2.4% 19.7% N/A
2018 N/A -19.1% -0.3% N/A
2017 N/A -12.3% 22.9% N/A
2016 N/A 0.2% 9.3% N/A
2015 N/A -9.4% 0.7% N/A

NAV & Total Return History


Holdings

PCDLX - Holdings

Concentration Analysis

PCDLX Category Low Category High PCDLX % Rank
Net Assets 5.61 M 116 K 44.5 B 91.21%
Number of Holdings 4 1 747 97.12%
Net Assets in Top 10 2.02 M 91.8 K 43.2 B 95.45%
Weighting of Top 10 96.86% 54.7% 100.0% 18.77%

Top 10 Holdings

  1. Putnam Dynamic Asset Allocation Gr P 50.12%
  2. Putnam Dynamic Asset Allocation Bal P 46.74%

Asset Allocation

Weighting Return Low Return High PCDLX % Rank
Stocks
68.62% 0.00% 79.91% 8.94%
Bonds
27.57% -40.53% 78.26% 85.76%
Cash
3.05% -12.04% 112.41% 78.64%
Other
0.35% -0.66% 100.00% 18.03%
Convertible Bonds
0.33% 0.00% 1.69% 59.24%
Preferred Stocks
0.07% 0.00% 7.53% 55.76%

Stock Sector Breakdown

Weighting Return Low Return High PCDLX % Rank
Technology
21.13% 3.04% 24.27% 0.92%
Healthcare
14.94% 1.66% 18.21% 41.59%
Financial Services
12.14% 3.32% 20.59% 89.45%
Consumer Cyclical
10.93% 1.88% 12.47% 18.96%
Communication Services
9.78% 0.21% 10.76% 8.41%
Industrials
9.13% 1.63% 16.32% 82.42%
Consumer Defense
8.13% 1.02% 14.97% 56.27%
Real Estate
4.59% 0.43% 45.93% 42.35%
Utilities
3.18% 0.00% 11.96% 71.41%
Basic Materials
3.06% 0.76% 10.19% 84.86%
Energy
3.00% 0.59% 29.46% 74.92%

Stock Geographic Breakdown

Weighting Return Low Return High PCDLX % Rank
US
54.08% 0.00% 63.48% 1.52%
Non US
14.54% 0.00% 34.52% 40.00%

Bond Sector Breakdown

Weighting Return Low Return High PCDLX % Rank
Corporate
30.51% 0.00% 51.48% 23.55%
Securitized
28.81% 0.00% 42.93% 13.00%
Cash & Equivalents
22.63% 1.25% 112.41% 25.84%
Government
17.73% 0.00% 98.75% 92.97%
Derivative
0.32% -82.56% 27.19% 36.24%
Municipal
0.00% 0.00% 13.21% 88.07%

Bond Geographic Breakdown

Weighting Return Low Return High PCDLX % Rank
US
24.58% -52.61% 75.43% 81.97%
Non US
2.99% -36.20% 40.22% 84.85%

Expenses

PCDLX - Expenses

Operational Fees

PCDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.00% 24.81% N/A
Management Fee 0.40% 0.00% 0.77% 81.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

PCDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PCDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PCDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 277.00% N/A

Distributions

PCDLX - Distributions

Dividend Yield Analysis

PCDLX Category Low Category High PCDLX % Rank
Dividend Yield 0.00% 0.00% 2.60% 40.15%

Dividend Distribution Analysis

PCDLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

PCDLX Category Low Category High PCDLX % Rank
Net Income Ratio N/A 0.05% 6.21% N/A

Capital Gain Distribution Analysis

PCDLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PCDLX - Fund Manager Analysis

Managers

Brett Goldstein


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.5

0.5%

Jason Vaillancourt


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.5

0.5%

Mr. Vaillancourt is Co-Head of Global Asset Allocation (GAA). In partnership with the other GAA Co-Heads, he directs the overall strategy and positioning of Putnam’s GAA products. He is responsible for the research that drives the top-down views of GAA portfolios, including asset class, region, and sector decisions. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Vaillancourt is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; Putnam Total Return Fund; and Putnam 529 for America. He joined Putnam in 1999 and has been in the investment industry since 1993.

James Fetch


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.5

0.5%

Mr. Fetch is a Co-Head of Global Asset Allocation (GAA). In partnership with the other GAA Co-Heads, he directs the overall strategy and positioning of Putnam’s GAA products. He is responsible for portfolio construction and risk management of GAA portfolios. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Fetch is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; Putnam Total Return Fund; and Putnam 529 for America. Mr. Fetch has been in the investment industry since he joined Putnam in 1994. After leaving in 1998 to complete his M.B.A., he rejoined the firm in 2000.

Robert Schoen


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.5

0.5%

Robert Schoen is Co-Head of the Global Asset Allocation (GAA) group at Putnam Investments. In partnership with other GAA co-heads, he is responsible for the overall strategy and positioning of Putnam's GAA products. Robert’s career in the investment industry began in 1990. He joined Putnam in 1997. Prior to joining Putnam (from 1992 to 1997), Robert was a self-employed Financial Consultant. He was Head of Research at an asset management company from 1990 to 1992. Robert has a BA from Tufts University and an MBA from New York University, Stern School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.76 4.98 0.5