Putnam Retirementready 2055 Fund Quote
| PREVX Fund | USD 12.62 0.03 0.24% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Putnam Retirementready is trading at 12.62 as of the 30th of April 2024; that is 0.24 percent increase since the beginning of the trading day. The fund's open price was 12.59. Putnam Retirementready has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Putnam Retirementready 2055 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of May 2022 and ending today, the 30th 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 2055. Putnam Retirementready is traded on NASDAQ Exchange in the United States. More on Putnam Retirementready 2055
Moving together with Putnam Mutual Fund
| 0.67 | PEYAX | Putnam Equity Me | PairCorr |
| 0.76 | PFJAX | Putnam High Yield | 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 Retirementready's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Retirementready 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 2055 Funds, Target-Date 2055, Putnam, Large Blend, Target-Date 2055 (View all Sectors) |
| Update Date | 31st of March 2024 |
Putnam Retirementready 2055 [PREVX] is traded in USA and was established 30th of April 2024. Putnam Retirementready is listed under Putnam category by Fama And French industry classification. The fund is listed under Target-Date 2055 category and is part of Putnam family. This fund at this time has accumulated 23.74 M in assets with no minimum investment requirementsPutnam Retirementready is currently producing year-to-date (YTD) return of 6.88% with the current yeild of 0.02%, while the total return for the last 3 years was 5.95%.
Check Putnam Retirementready Probability Of Bankruptcy
Instrument Allocation
Putnam Retirementready Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Retirementready market risk premium is the additional return an investor will receive from holding Putnam Retirementready 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 Retirementready. 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 Retirementready's alpha and beta are two of the key measurements used to evaluate Putnam Retirementready's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5473 | |||
| Semi Deviation | 0.5062 | |||
| Standard Deviation | 0.6944 | |||
| Variance | 0.4822 |
Putnam Retirementready Against Markets
Picking the right benchmark for Putnam Retirementready 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 Retirementready 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 Retirementready is critical whether you are bullish or bearish towards Putnam Retirementready 2055 at a given time. Please also check how Putnam Retirementready'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 Retirementready 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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SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
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How to buy Putnam Mutual Fund?
Before investing in Putnam Retirementready, 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 Retirementready. To buy Putnam Retirementready fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Retirementready. 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 Retirementready fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Putnam Retirementready 2055 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 Retirementready 2055 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 Retirementready 2055, 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 Retirementready 2055?
The danger of trading Putnam Retirementready 2055 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 Retirementready 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 Retirementready. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Retirementready 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 Retirementready 2055. 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 real. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.