C000011150 Fees and Costs — Putnam Sustainable Retirement Maturity Fund, Class M
Data updated: 2026-10-13
The net expense ratio is 1.22% (1.35% before fee waivers). This share class carries a maximum front-end sales load of 3.25%. In fiscal 2026 the fund paid $175K in broker commissions, 0.0274% of average net assets, and portfolio turnover was 10%.
C000011150 Fees and Expenses
Annual operating expenses and sales charges of C000011150. Prospectus, as of November 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.22% |
| Sales charges | |
|---|---|
| Max front load | 3.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
C000011150 Costs Over Time
On $10,000 invested in C000011150, assuming 5% a year before costs, total costs come to $1,166 over 5 years, cutting the return by 1.99% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $325 | $325 | $325 |
| Fund expenses (net expense ratio 1.22%) | $124 | $386 | $667 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $16 | $71 | $159 |
| Total costs | $468 | $790 | $1,166 |
| Value after costs | $10,032 | $10,786 | $11,597 |
| Impact on return, per year | 4.68% | 2.45% | 1.99% |
C000011150 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0274%
- Total broker commissions: $175K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
C000011150 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $70K | 40.31% |
| Goldman Sachs & Co. LLC | $45K | 25.92% |
| Jane Street Execution Services, LLC | $33K | 19.16% |
| Mischler Financial Group, Inc. | $15K | 8.79% |
| Citadel Securities LLC | $8K | 4.37% |
| Flow Traders U.S. Institutional Trading LLC | $2K | 0.92% |
| Old Mission Markets LLC | $540 | 0.31% |
| Susquehanna Financial Group, LLLP | $385 | 0.22% |
Putnam Sustainable Retirement Maturity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000174675 | Class R6 | 0.58% | none |
| C000011152 | Class Y | 0.68% | none |
| C000222436 | Class R5 | 0.68% | none |
| C000222435 | Class R4 | 0.82% | none |
| C000011147 | Class A | 0.93% | 4.00% |
| C000222434 | Class R3 | 1.07% | none |
| C000011150 | Class M | 1.22% | 3.25% |
| C000011151 | Class R | 1.33% | none |
| C000011149 | Class C | 1.67% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.