Putnam RetirementReady 2050 Fund (PRRUX)
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 2050. It is designed to provide diversification among different asset classes by investing its assets in other Putnam mutual funds, referred to as underlying funds.
Fund Info
US7468593212
May 1, 2005
$500
Large-Cap
Growth
Expense Ratio
PRRUX has an expense ratio of 0.03%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam RetirementReady 2050 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Putnam RetirementReady 2050 Fund had a return of 4.63% year-to-date (YTD) and 15.41% in the last 12 months.
PRRUX
4.63%
2.48%
4.30%
15.41%
6.53%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PRRUX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.63% | 4.63% | |||||||||||
| 2024 | 1.84% | 4.84% | 2.84% | -3.90% | 4.83% | 1.76% | 0.96% | 2.10% | 1.82% | -2.52% | 4.24% | -4.14% | 15.08% |
| 2023 | 5.74% | -2.38% | 2.75% | 0.67% | 0.36% | 4.33% | 2.02% | -1.41% | -4.30% | -1.86% | 9.16% | 4.99% | 21.03% |
| 2022 | -4.29% | -2.22% | 1.75% | -6.73% | 0.38% | -7.30% | 6.30% | -2.74% | -7.22% | 5.60% | 5.53% | -13.36% | -23.46% |
| 2021 | -0.20% | 2.23% | 2.38% | 3.62% | 1.31% | 1.89% | 0.63% | 2.38% | -4.04% | 3.89% | -1.45% | -2.54% | 10.20% |
| 2020 | -0.62% | -6.70% | -11.86% | 9.32% | 4.36% | 2.54% | 5.07% | 4.32% | -2.74% | -2.05% | 9.21% | 4.07% | 13.46% |
| 2019 | 7.70% | 2.34% | 0.63% | 2.79% | -5.54% | 5.74% | 0.55% | -2.04% | 1.58% | 1.27% | 1.86% | -3.43% | 13.52% |
| 2018 | 4.02% | -3.87% | -1.54% | 0.96% | 1.15% | -0.74% | 2.79% | 1.06% | 0.43% | -7.01% | 0.41% | -16.67% | -18.98% |
| 2017 | 1.82% | 2.73% | 0.60% | 1.40% | 1.22% | 0.58% | 2.20% | 0.82% | 1.98% | 1.79% | 2.40% | 0.38% | 19.43% |
| 2016 | -1.32% | 1.28% | -0.78% | 3.88% | 0.00% | 0.64% | -1.74% | 2.71% | 1.89% | 6.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PRRUX is 70, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Putnam RetirementReady 2050 Fund (PRRUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam RetirementReady 2050 Fund provided a 1.34% dividend yield over the last twelve months, with an annual payout of $0.29 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.32 | $0.40 | $1.15 | $0.31 | $0.27 | $0.53 | $0.89 | $0.14 |
Dividend yield | 1.34% | 1.40% | 1.75% | 2.60% | 5.56% | 1.54% | 1.50% | 3.35% | 4.41% | 0.80% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam RetirementReady 2050 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $0.89 |
| 2016 | $0.14 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam RetirementReady 2050 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam RetirementReady 2050 Fund was 36.40%, occurring on Mar 23, 2020. Recovery took 201 trading sessions.
The current Putnam RetirementReady 2050 Fund drawdown is 0.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.4% | Jan 29, 2018 | 541 | Mar 23, 2020 | 201 | Jan 7, 2021 | 742 |
| -28.15% | Nov 9, 2021 | 291 | Jan 5, 2023 | 378 | Jul 10, 2024 | 669 |
| -7.41% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -6.18% | Jun 9, 2016 | 13 | Jun 27, 2016 | 10 | Jul 12, 2016 | 23 |
| -5.59% | Dec 5, 2024 | 25 | Jan 13, 2025 | — | — | — |
Volatility
Volatility Chart
The current Putnam RetirementReady 2050 Fund volatility is 2.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.