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PRMAX
Mutual Fund ticker: NASDAQ
AS OF
May 1 closing price
Price
$16.27
Change
-$0.01 (-0.06%)
Net Assets
212.47M

PRMAX Putnam Sustainable Retirement Mat A Forecast, Technical & Fundamental Analysis

The investment seeks as high a rate of current income as Putnam Investment Management, LLC believes is consistent with preservation of capital... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks as high a rate of current income as Putnam Investment Management, LLC believes is consistent with preservation of capital. The fund employs an asset allocation strategy designed for investors who are already in retirement or who plan to retire (or otherwise begin withdrawing the invested funds) in the near future. It is designed to provide diversification among different asset classes by investing primarily its assets in ETFs that focus on investments with positive sustainability or ESG characteristics, referred to as underlying funds.
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A.I. Advisor
published General Information

General Information

Category

Profile
Fundamentals
Details
Category
Target-Date Retirement
Address
Putnam FundsOne Post Office SquareBoston
Phone
N/A
Web
www.putnam.com
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PRMAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PRMAX has been closely correlated with JSIZX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PRMAX jumps, then JSIZX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PRMAX
1D Price
Change %
PRMAX100%
-0.06%
JSIZX - PRMAX
96%
Closely correlated
N/A
LIRIX - PRMAX
96%
Closely correlated
N/A
JSRAX - PRMAX
96%
Closely correlated
N/A
LIRPX - PRMAX
96%
Closely correlated
N/A
LIRKX - PRMAX
96%
Closely correlated
N/A
More