Putnam RetirementReady Maturity Fund (PRMYX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRMYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRMYX
PRMYX charges 0.13% annually. There are 145 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PRMYX vs PLTZX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PRMYX vs JIEHX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | PRMYX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PRMYX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PRMYX vs PMTIX |
Best Risk-Adjusted Alternatives to PRMYX
PRMYX has a PortfoliosLab risk / return rank of 42. There are 624 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | PRMYX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | PRMYX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PRMYX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | PRMYX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | PRMYX vs URTRX |
Top Performing PRMYX Alternatives (YTD)
PRMYX is at 2.30% YTD. There are 648 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | PRMYX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | PRMYX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | PRMYX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | PRMYX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | PRMYX vs FDFPX |
Lowest Volatility Alternatives to PRMYX
PRMYX has 4.83% 1-year volatility. There are 7 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | PRMYX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | PRMYX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | PRMYX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | PRMYX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | PRMYX vs DRIQX |
Lowest Drawdown Alternatives to PRMYX
PRMYX has a 1-year max drawdown of -3.50%. There are 4 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | PRMYX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | PRMYX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PRMYX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | PRMYX vs DRIQX | |
| Prudential Day One Income Fund | -3.51% | — | Dec 2016 | PRMYX vs PDAHX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 92 | 14.98% | — | Jun 1977 | PRMYX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 93 | 15.20% | — | Jul 2012 | PRMYX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 93 | 15.15% | — | Jan 1998 | PRMYX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 9 | -0.65% | — | Oct 1995 | PRMYX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 51 | 24.87% | — | Dec 2008 | PRMYX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 22 | 3.34% | — | Aug 1990 | PRMYX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 55 | 7.70% | — | Sep 2010 | PRMYX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 9 | -0.51% | — | Aug 1999 | PRMYX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.68% | — | Oct 2011 | PRMYX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 26 | 16.15% | — | Dec 1997 | PRMYX vs PNSAX |
Often Compared With PRMYX
Investors most often compare PRMYX with DTDRX, FRBEX, LTFIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PRMYX with Any Fund or Stock
Compare PRMYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRMYX with funds that move differently
Putnam RetirementReady Maturity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRMYX.
Explore PRMYX Diversifiers