Putnam Retirement Ready 2040 Fund
Data updated: 2026-06-24
C000011159 — Putnam Retirement Ready 2040 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $417.23M AUM · 0.91% expense ratio · 16.1% 1-yr return. From SEC regulatory filings.
C000011159 Fund Overview
Putnam Retirement Ready 2040 Fund is a US mutual fund managed by Putnam Target Date Funds, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Putnam Target Date Funds
- Category: Target Date / Glide Path Allocation
- Assets under management: $417.23M
- 1-year return: 16.1%
- SEC CIK: 0001295293
- SEC series ID: S000003998
- Share class ID: C000011159
C000011159 Holdings
Top 5 holdings of Putnam Retirement Ready 2040 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Putnam Dynamic Asset Allocation Growth Fund | 58.78% |
| Putnam Dynamic Asset Allocation Balanced Fund | 31.95% |
| Putnam Short Term Investment Fund | 3.39% |
| Franklin BSP Lending Fund | 2.90% |
| Clarion Partners Real Estate Income Fund, Inc. | 2.89% |
C000011159 Portfolio Allocation
Asset-class allocation of Putnam Retirement Ready 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 99.9% |
C000011159 Performance
Total returns for C000011159 (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
| 1 year | 16.1% |
| 3 years (annualised) | 12.6% |
| 5 years (annualised) | 6.9% |
C000011159 Risk Information
Risk metrics for C000011159, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.8%
C000011159 Costs and Fees
C000011159 costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 1.61%
- Portfolio turnover: 17%
- Brokerage commissions: 3.34 bps of average net assets (SEC N-CEN)
C000011159 Cashflows
Over the 12 months to 2026-04, Putnam Retirement Ready 2040 Fund had net inflows of $36.13M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$567.89K |
| 2026-03 | −$2.65M |
| 2026-02 | −$1.97M |
| 2026-01 | $1.87M |
| 2025-12 | $9.11M |
| 2025-11 | $4.29M |
C000011159 Debt Constituents
No individual debt constituents are reported in Putnam Retirement Ready 2040 Fund's latest SEC N-PORT filing.
C000011159 Prospectus and SEC Filings
Official Putnam Retirement Ready 2040 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.