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Putnam Retirement Advantage 2045 R (PAFZX)

10.91
+0.03
+(0.28%)
At close: 8:01:56 PM EDT

Fund Summary

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 2045 (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.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 20.40%
Worst 1Y Total Return --
Number of Years Up 3
Number of Years Down 1

Performance & Risk

YTD Return -4.65%
5y Average Return 0.00%
Rank in Category (ytd) 96
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.08
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
PAFZXCategory AveragePAFZXCategory AveragePAFZXCategory Average
Alpha 3.39 -0.02 3.9 -0.01 -- -0.01
BETA 1.08 0.01 1.14 0.01 -- 0.01
Mean Annual Return 0.66 0.01 1.16 0.01 -- 0.01
R-squared 92.78 0.98 93.99 0.98 -- 0.97
Standard Deviation 14.07 0.16 13.63 0.13 -- 0.13
Sharpe Ratio 0.25 0.01 0.82 0.01 -- 0.01
Treynor Ratio 2.42 0.09 9.67 0.09 -- 0.06

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