Robert J. Schoen

Co-Chief Investment Officer, Global Asset Allocation

Mr. Schoen is Co-Chief Investment Officer, Global Asset Allocation (GAA), and a member of Putnam's Operating Committee. In his role as Co-CIO of GAA, he directs the overall strategy and positioning of Putnam's GAA products. Mr. Schoen oversees the research that drives equity security selection strategies, portfolio construction, and risk management for GAA portfolios. His work also contributes to Putnam's Capital Markets Outlook. In addition, Mr. Schoen is a member of Putnam’s ESG Leadership Committee. He joined Putnam in 1997 and has been in the investment industry since 1990.

Mr. Schoen is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Growth, Balanced, and Conservative); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; and Putnam 529 for America. Previously at Putnam, he served as a Co-Head of GAA, Head of the Quantitative Models group, and an Analyst in the GAA group.

Mutual Funds

Fact sheet Annual Semi annual Compare
Dynamic Asset Allocation Balanced Fund
Dynamic Asset Allocation Conservative Fund
Dynamic Asset Allocation Growth Fund
Overall Morningstar RatingTM among 302 funds in the Allocation--70% to 85% Equity category.
10-year Morningstar RatingTM among 223 funds in the Allocation--70% to 85% Equity category.
Dynamic Risk Allocation Fund
Multi-Asset Absolute Return Fund
Retirement Advantage 2025 Fund
Retirement Advantage 2030 Fund
Retirement Advantage 2035 Fund
Retirement Advantage 2040 Fund
Retirement Advantage 2045 Fund
Retirement Advantage 2050 Fund
Retirement Advantage 2055 Fund
Retirement Advantage 2060 Fund
Retirement Advantage 2065 Fund
Retirement Advantage Maturity Fund
RetirementReady 2025 Fund
RetirementReady 2030 Fund
RetirementReady 2035 Fund
3-year Morningstar RatingTM among 193 funds in the Target-Date 2035 category.
RetirementReady 2040 Fund
Overall Morningstar RatingTM among 194 funds in the Target-Date 2040 category.
10-year Morningstar RatingTM among 96 funds in the Target-Date 2040 category.
3-year Morningstar RatingTM among 194 funds in the Target-Date 2040 category.
RetirementReady 2045 Fund
Overall Morningstar RatingTM among 193 funds in the Target-Date 2045 category.
10-year Morningstar RatingTM among 89 funds in the Target-Date 2045 category.
3-year Morningstar RatingTM among 193 funds in the Target-Date 2045 category.
RetirementReady 2050 Fund
Overall Morningstar RatingTM among 194 funds in the Target-Date 2050 category.
10-year Morningstar RatingTM among 95 funds in the Target-Date 2050 category.
3-year Morningstar RatingTM among 194 funds in the Target-Date 2050 category.
RetirementReady 2055 Fund
Overall Morningstar RatingTM among 193 funds in the Target-Date 2055 category.
10-year Morningstar RatingTM among 71 funds in the Target-Date 2055 category.
3-year Morningstar RatingTM among 193 funds in the Target-Date 2055 category.
RetirementReady 2060 Fund
Overall Morningstar RatingTM among 185 funds in the Target-Date 2060 category.
3-year Morningstar RatingTM among 185 funds in the Target-Date 2060 category.
RetirementReady 2065 Fund
RetirementReady Maturity Fund

Model Portfolios

Putnam Aggressive Growth Model
Putnam Growth Model
Putnam Balanced Growth Model
Putnam Conservative Growth Model
Putnam Balanced Income Model
Putnam Income Model

College Savings Funds

Putnam 529 Age-Based 2001
Putnam 529 Age-Based 2002
Putnam 529 Age-Based 2003
Putnam 529 Age-Based 2004
Putnam 529 Age-Based 2005
Putnam 529 Age-Based 2006
Putnam 529 Age-Based 2007
Putnam 529 Age-Based 2008
Putnam 529 Age-Based 2009
Putnam 529 Age-Based 2010
Putnam 529 Age-Based 2011
Putnam 529 Age-Based 2012
Putnam 529 Age-Based 2013
Putnam 529 Age-Based 2014
Putnam 529 Age-Based 2015
Putnam 529 Age-Based 2016
Putnam 529 Age-Based 2017
Putnam 529 Age-Based 2018
Putnam 529 Age-Based 2019
Putnam 529 Age-Based 2020
Putnam 529 Age-Based 2021
Putnam 529 Age-Based 2022
Putnam 529 Age-Based Graduate
Putnam 529 Aggressive Growth
Putnam 529 Balanced
Putnam 529 Growth
Putnam 529 Fixed Income Absolute Return
Putnam 529 Government Money Market
Putnam 529 Growth Opportunities
Putnam 529 High Yield
Putnam 529 Income
Putnam 529 Large Cap Value
Putnam 529 Multi-Asset Absolute Return
Putnam 529 Small Cap Value

More from the team

Sector views

Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.

More »

Expect a pause, not a pivot, as savings fuel spending

In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.

More »

High job openings signal wage-price spiral

Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.

More »

ESG: Hearing the signal above the noise

In our view, the best opportunities lie not at the extremes of ESG rhetoric, but at the heart of sustainability substance.

More »