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PRRKX Putnam RetirementReady 2050 R

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Fund PRRKX Putnam RetirementReady 2050 R PREUX Putnam RetirementReady 2050 R6 TRFOX T. Rowe Price Target 2050  
Similarity
?
100% 100% 90%
Annual Fees
?
$144.75
(1.38% Exp. Ratio)
$73.42
(0.70% Exp. Ratio)
$78.67
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.89% annual return
$27,607.19 $33,927.33 $33,418.56
Est. savings over 30 yrs +$6,320.14 +$5,811.37
Return
As of 10/31/16
1 YR RETURN -0.41%
3 YR 4.72%
5 YR 9.74%
10 YR 3.83%
1 YR RETURN -0.09%
3 YR 5.03%
5 YR 10.03%
10 YR 4.10%
1 YR RETURN 3.41%
3 YR 5.14%
5 YR --
10 YR --
Description
The investment seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. 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 a majority of its assets in other Putnam mutual funds, referred to as underlying funds.
The investment seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. 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 a majority of its assets in other Putnam mutual funds, referred to as underlying funds.
The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2050) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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