Putnam Retirement Income Fund Quote
| PREWX Fund | USD 16.54 0.20 1.19% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Putnam Retirement is trading at 16.54 as of the 19th of December 2024; that is 1.19 percent decrease since the beginning of the trading day. The fund's open price was 16.74. Putnam Retirement has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of November 2024 and ending today, the 19th of December 2024. Click here to learn more.
The fund employs an asset allocation strategy designed for investors who are already in retirement or who plan to retire in the near future. It is designed to provide diversification among different asset classes by investing primarily its assets in ETFs that focus on investments with positive sustainability or ESG characteristics, referred to as underlying funds.. More on Putnam Retirement Income
Moving together with Putnam Mutual Fund
Putnam Mutual Fund Highlights
| Fund Concentration | Putnam Funds, Large Growth Funds, Target-Date Retirement Funds, Target-Date Retirement, Putnam (View all Sectors) |
| Update Date | 31st of December 2024 |
Putnam Retirement Income [PREWX] is traded in USA and was established 19th of December 2024. Putnam Retirement is listed under Putnam category by Fama And French industry classification. The fund is listed under Target-Date Retirement category and is part of Putnam family. This fund at this time has accumulated 106.59 M in assets with no minimum investment requirementsPutnam Retirement Income is currently producing year-to-date (YTD) return of 8.48% with the current yeild of 0.04%, while the total return for the last 3 years was 4.56%.
Check Putnam Retirement Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Retirement Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Putnam Retirement Income Risk Profiles
| Mean Deviation | 0.2359 | |||
| Standard Deviation | 0.3218 | |||
| Variance | 0.1035 | |||
| Risk Adjusted Performance | (0.09) |
Putnam Retirement Against Markets
Other Information on Investing in Putnam Mutual Fund
Putnam Retirement financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Retirement security.
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