Putnam 529 Aggressive Growth

The Plan allocates 100% of your contributions under this option to the Putnam 529 GAA All Equity Portfolio.

Fund Description

The Aggressive Growth Option may appeal to individuals seeking the highest potential rates of return, with the greatest degree of risk. Unlike both the Growth and Balanced Options, the Aggressive Growth Option does not provide investment exposure to Asset Allocation Portfolios. This option may be useful for individuals who already have significant funds for college invested in less risky investments.

Management team

Data is historical. Past performance is not a guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions. Returns after sales charge for class A shares reflect the current maximum initial sales charges of 5.75% for the Goal-Based and Age-Based options, the Equity Asset Class options, and the Multi-Asset Absolute Return Fund Investment Option, 4.00% for the Fixed-Income Asset Class options, and 1.00% for the Fixed Income Absolute Return Fund Investment Option. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for the Fixed Income Absolute Return Option, which is 1% in the first year, declining to 0.5% in the second year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Class D shares reflect the current maximum initial sales charges of 3.50%. The Government Money Market Fund Investment Option does not have an initial sales charge or CDSC. Performance reflects ongoing fees and expenses, including an annualized 0.20% fee charged by the College Savings Plans of Nevada and the Nevada College Savings Trust Fund and the fees and other expenses of the Putnam Mutual Funds in which the plan invests. The funds' expense ratios are taken from the most recent prospectus and are subject to change.

Fund Facts as of 07/31/18

Fiscal Year End June
Category Goal-Based
Product Status Open to new investors
Inception 10/01/10
Fund Code 4151
CUSIP 74675P889
Number of Accounts 1158
Outstanding Shares 943,686
Total Net assets $21.99M

Literature


Performance

Total Return (%) as of 06/30/18

Annualized Performance 1 yr. 3 yrs. 5 yrs. Life (inception: 10/01/10)
Putnam 529 Aggressive Growth (after sales charge) 4.67% 5.71% 9.51% 10.20%
Putnam 529 Aggressive Growth (before sales charge) 11.05% 7.82% 10.82% 11.05%

Annual Performance as of 06/30/18

  2011 2012 2013 2014 2015 2016 2017
Putnam 529 Aggressive Growth (before sales charge) -4.23% 17.10% 29.61% 10.13% -0.69% 7.41% 21.82%

Pricing as of 08/17/18

Class Before Sales Charge NAV CHANGE After Sales Charge 52 Week High NAV
(Date)
52 Week Low NAV
(Date)
A $23.22 $0.06 $24.64 $24.17 (01/26/18) $20.44 (08/21/17)

Data is historical. Past performance is not a guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions. Returns after sales charge for class A shares reflect the current maximum initial sales charges of 5.75% for the Goal-Based and Age-Based options, the Equity Asset Class options, and the Multi-Asset Absolute Return Fund Investment Option, 4.00% for the Fixed-Income Asset Class options, and 1.00% for the Fixed Income Absolute Return Fund Investment Option. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for the Fixed Income Absolute Return Option, which is 1% in the first year, declining to 0.5% in the second year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Class D shares reflect the current maximum initial sales charges of 3.50%. The Government Money Market Fund Investment Option does not have an initial sales charge or CDSC. Performance reflects ongoing fees and expenses, including an annualized 0.20% fee charged by the College Savings Plans of Nevada and the Nevada College Savings Trust Fund and the fees and other expenses of the Putnam Mutual Funds in which the plan invests. The funds' expense ratios are taken from the most recent prospectus and are subject to change.


Performance Snapshot

  Before sales charge After sales charge
Monthly 3.51 % -2.44 %
as of 07/31/18
YTD 2.70 % -3.21 %
as of 08/17/18

Holdings

Top Holdings as of 07/31/18

Putnam 529 GAA All Equity Portfolio
Portfolio composition as of 07/31/18
U.S. large-cap equity
58.26%
International equity
18.59%
U.S. small- and mid-cap equity
16.80%
Emerging-markets equity
5.92%
U.S. money markets
0.43%
Composition will vary over time.
99.69%
Putnam 529 GAA Money Market Portfolio 0.37%
Top holdings, total: 100.06%

Portfolio Composition as of 07/31/18

U.S. large-cap equity 58.08%
International equity 18.53%
U.S. small- and mid-cap equity 16.75%
Emerging-markets equity 5.90%
U.S. money markets 0.74%

Expenses

Expense ratio

Class A† Class B Class C Class D*
Total expense ratio 1.18% 1.93% 1.93% 1.18%
What you pay 1.18% 1.93% 1.93% 1.18%

Sales Charges / Dealer Allowance

Breakpoint Class A† Class B Class C Class D*
$0-$49,999 5.75% / 5.00% 0.00% / 4.00% 0.00% / 1.00% 3.50% / 3.00%
$50,000-$99,999 4.50% / 3.75% 0.00% / 4.00% 0.00% / 1.00% 3.50% / 3.00%
$100,000-$249,999 3.50% / 2.75% -- 0.00% / 1.00% 3.50% / 2.75%
$250,000-$499,999 2.50% / 2.00% -- 0.00% / 1.00% 2.50% / 2.00%
$500,000-$999,999 2.00% / 1.75% -- 0.00% / 1.00% 2.00% / 1.75%
$1m-$4m 0.00% / 1.00% -- -- 0.00% / 1.00%
$4m-$50m 0.00% / 0.50% -- -- 0.00% / 0.50%
$50M+ 0.00% / 0.25% -- -- 0.00% / 0.25%

CDSC

  Class A†
(sales for $1,000,000+ )
Class B Class C Class D*
(sales for $1,000,000+ )
0 to 9 mts. 1.00% 5.00% 1.00% 1.00%
9 to 12 mts. 1.00% 5.00% 1.00% 0.00%
2 yrs. 0.00% 4.00% -- --
3 yrs. 0.00% 3.00% -- --
4 yrs. 0.00% 3.00% -- --
5 yrs. 0.00% 2.00% -- --
6 yrs. 0.00% 1.00% -- --
7+ yrs. 0.00% 0.00% -- --

† For exceptions to sales load, dealer reallowance and trail commission information set forth above, see the Offering Statement.

* D shares are only available to certain account owners - see offering statement for details

Portfolio characteristics will vary over time.

Due to rounding, percentages may not equal 100%.

Consider these risks before investing: International investing involves currency, economic, and political risks. Emerging-market securities carry illiquidity and volatility risks. Investments in small and/or midsize companies increase the risk of greater price fluctuations. Lower-rated bonds may offer higher yields in return for more risk. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk and the risk that they may increase in value less when interest rates decline and decline in value more when interest rates rise. Our allocation of assets among permitted asset categories may hurt performance. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). Interest-rate risk is greater for longer-term bonds, and credit risk is greater for below-investment-grade bonds. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Unlike bonds, funds that invest in bonds have fees and expenses. Stock and bond prices may fall or fail to rise over time for several reasons, including general financial market conditions and factors related to a specific issuer or industry. You can lose money by investing in the fund.

For the portion invested in the 529 Money Market portfolio these risks also apply: You can lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below certain required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

The values of money market investments usually rise and fall in response to changes in interest rates. Interest-rate risk is generally lowest for investments with short maturities (a significant part of the fund's investments). Although the fund only buys high-quality investments, investments backed by a letter of credit have the risk that the provider of the letter of credit will not be able to fulfill its obligations to the issuer. The effects of inflation may erode the value of your investment over time.