Putnam Retirement Ready Maturity A
Putnam Funds One Post Office Square Boston, MA 02109
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Phone: 800-225-1581
| Category: | Target-Date 2000-2014 | | Fund Family: | Putnam | | Net Assets: | 14.26M | | Year-to-Date Return: | -3.91% | | Yield: | 4.31% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Nov-04 |
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Jeffrey L. Knight
Lead Manager since
01-Nov-04 | | | Knight is managing director and chief investment officer of the global asset allocation team for Putnam Investments, his employer since 1993. Previously, he was employed with Coopers and Lybrand as a senior associate of tax services. Knight has more than ten years of investment experience. Knight holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches target date. 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 primarily invests in other Putnam funds based on the fund target date. |
| Last Dividend
(28-Aug-08):
| 0.16 | | Last Cap Gain
(24-Dec-07):
| 2.47 | | Annual Holdings Turnover
| 62.00% | | Average for Category:
| 38.68% |
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| Expense | PRMAX | Category
Avg | | Total Expense Ratio: | 0.33%
| 0.72% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 5.75%
| 4.96% | | Max Deferred Sales Load: | 0.00%
| 2.58% | | 3 Yr Expense Projection*: |
$866 | $877 | | 5 Yr Expense Projection*: |
$1,080 | $1,501 | | 10 Yr Expense Projection*: |
$1,696 | $2,766 |
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1.49% Nasdaq 
0.27%
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