Putnam Retirement Ready Fund Quote
| PRROX Fund | USD 19.59 0.03 0.15% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Putnam Retirement is trading at 19.59 as of the 25th of April 2024; that is -0.15 percent decrease since the beginning of the trading day. The fund's open price was 19.62. Putnam Retirement has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Putnam Retirement Ready are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The funds 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 2025. It is designed to provide diversification among different asset classes by investing its assets in the underlying funds.. More on Putnam Retirement Ready
Moving together with Putnam Mutual Fund
| 0.79 | PEYAX | Putnam Equity Me | PairCorr |
| 0.74 | PEXTX | Putnam Tax Exempt | PairCorr |
| 0.67 | PFICX | Putnam Floating Rate | PairCorr |
| 0.96 | PFJAX | Putnam High Yield | PairCorr |
| 0.68 | PFLRX | Putnam Floating Rate | PairCorr |
| 0.68 | PFLLX | Putnam Floating Rate | PairCorr |
| 0.7 | PFRBX | Putnam Floating Rate | PairCorr |
Putnam Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam Retirement's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Retirement or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Putnam Funds, Large Growth Funds, Target-Date 2025 Funds, Target-Date 2025, Putnam (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 10th of February 2023 |
| Fiscal Year End | July |
Putnam Retirement Ready [PRROX] is traded in USA and was established 25th of April 2024. Putnam Retirement is listed under Putnam category by Fama And French industry classification. The fund is listed under Target-Date 2025 category and is part of Putnam family. This fund at this time has accumulated 205.4 M in assets with no minimum investment requirementsPutnam Retirement Ready is currently producing year-to-date (YTD) return of 0.52% with the current yeild of 0.03%, while the total return for the last 3 years was 1.64%.
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 Ready 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 Target Price Odds Analysis
Based on a normal probability distribution, the odds of Putnam Retirement jumping above the current price in 90 days from now is about 74.75%. The Putnam Retirement Ready probability density function shows the probability of Putnam Retirement mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Putnam Retirement has a beta of 0.4923 indicating as returns on the market go up, Putnam Retirement average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putnam Retirement Ready will be expected to be much smaller as well. Additionally, putnam Retirement Ready has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Putnam Retirement to move above the current price in 90 days from now is about 74.75 (This Putnam Retirement Ready probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) .
Putnam Retirement Ready Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Retirement market risk premium is the additional return an investor will receive from holding Putnam Retirement long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Retirement. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Putnam Retirement's alpha and beta are two of the key measurements used to evaluate Putnam Retirement's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2827 | |||
| Semi Deviation | 0.2989 | |||
| Standard Deviation | 0.3648 | |||
| Variance | 0.1331 |
Putnam Retirement Against Markets
Picking the right benchmark for Putnam Retirement mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam Retirement mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam Retirement is critical whether you are bullish or bearish towards Putnam Retirement Ready at a given time. Please also check how Putnam Retirement's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Putnam Retirement without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Putnam Mutual Fund?
Before investing in Putnam Retirement, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam Retirement. To buy Putnam Retirement fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Retirement. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam Retirement fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Putnam Retirement Ready fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Putnam Retirement Ready fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Putnam Retirement Ready, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Putnam Retirement Ready?
The danger of trading Putnam Retirement Ready is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam Retirement is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam Retirement. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Retirement Ready is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Retirement Ready. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.