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Total
Putnam Multi-Asset Absolute Return Fund
Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Putnam Multi-Asset Absolute Return Fund
Class A
Class B
Class C
Class P
Class R
Class R6
Class Y
Management Fees (as a percentage of Assets) 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%
Distribution and Service (12b-1) Fees 0.25% 1.00% 1.00% none 0.50% none none
Other Expenses (as a percentage of Assets): 0.25% 0.25% 0.25% 0.10% 0.25% 0.14% 0.25%
Acquired Fund Fees and Expenses 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
Net Expenses (as a percentage of Assets) 0.94% 1.69% 1.69% 0.54% 1.19% 0.58% 0.69%
Example

The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

 

 

Expense Example - Putnam Multi-Asset Absolute Return Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 665 857 1,065 1,663        
Class B 672 833 1,118 1,799 172 533 918 1,799
Class C 272 533 918 1,799 172 533 918 1,799
Class P 55 173 302 677        
Class R 121 378 654 1,443        
Class R6 59 186 324 726        
Class Y 70 221 384 859