About POMGX
Putnam Retirement Advantage Maturity Fund – Class A is a target-date mutual fund designed to serve individuals who have reached or are near retirement. The fund’s primary objective is to maximize returns while maintaining a risk profile appropriate for retirees, emphasizing capital preservation and steady income generation. Its investment strategy shifts allocations dynamically, reducing exposure to equities and increasing allocations to fixed income instruments and cash equivalents as investors transition from working life into retirement. This approach is managed through a distinctive glide path, allowing for greater appreciation potential in earlier years and focusing on capital preservation in later stages.
The fund invests in a range of underlying collective investment trusts, including equity, growth, balanced, conservative, income, and money market portfolios, to achieve broad diversification and risk control. The team overseeing the fund has extensive experience and manages the asset allocation actively in-house, providing the flexibility to respond to changing market conditions. This fund is especially significant in the retirement solutions market, as it provides a comprehensive, professionally managed option for retirement plan participants seeking simplicity and reduced risk as they begin to draw on their savings.
Fund Family Franklin Templeton Investments
Category Target-Date Retirement
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol POMGX
Share Class Class A Shares
Index S&P Target Date To Retirement TR
POMGX had a total return of 6.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.22%.
