Putnam Multi-Asset Absolute Return R
Name
As of 02/16/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.2%
1 yr return
-13.4%
3 Yr Avg Return
-7.6%
5 Yr Avg Return
-5.7%
Net Assets
$602 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/16/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PDMRX - Profile
Distributions
- YTD Total Return -0.2%
- 3 Yr Annualized Total Return -7.6%
- 5 Yr Annualized Total Return -5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.51%
- Dividend Yield 18.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NamePutnam Multi-Asset Absolute Return Fund
-
Fund Family NamePutnam
-
Inception DateDec 23, 2008
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Schoen
Fund Description
PDMRX - Performance
Return Ranking - Trailing
Period | PDMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.2% | -73.0% | 19.4% | 89.25% |
1 Yr | -13.4% | -9.1% | 86.9% | 94.18% |
3 Yr | -7.6%* | -9.5% | 16.2% | 91.16% |
5 Yr | -5.7%* | -4.9% | 14.4% | 92.38% |
10 Yr | -2.9%* | -0.9% | 7.5% | 87.23% |
* Annualized
Return Ranking - Calendar
Period | PDMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -13.2% | -22.7% | 305.1% | 88.52% |
2022 | -0.4% | -9.8% | 27.3% | 47.58% |
2021 | -2.8% | -20.8% | 10.9% | 93.33% |
2020 | 1.3% | -12.4% | 29.4% | 17.33% |
2019 | -2.6% | -10.5% | 15.8% | 25.65% |
Total Return Ranking - Trailing
Period | PDMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.2% | -73.0% | 19.4% | 89.25% |
1 Yr | -13.4% | -13.4% | 86.9% | 92.36% |
3 Yr | -7.6%* | -9.5% | 16.2% | 90.36% |
5 Yr | -5.7%* | -5.3% | 14.4% | 90.13% |
10 Yr | -2.9%* | -0.9% | 7.5% | 85.11% |
* Annualized
Total Return Ranking - Calendar
Period | PDMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -13.2% | -22.7% | 305.1% | 88.52% |
2022 | -0.4% | -9.8% | 27.3% | 47.98% |
2021 | -2.8% | -20.8% | 10.9% | 92.89% |
2020 | 1.3% | -8.4% | 29.4% | 28.71% |
2019 | -2.6% | -10.2% | 18.0% | 37.70% |
NAV & Total Return History
PDMRX - Holdings
Concentration Analysis
PDMRX | Category Low | Category High | PDMRX % Rank | |
---|---|---|---|---|
Net Assets | 602 M | 1.5 M | 5.01 B | 22.88% |
Number of Holdings | 520 | 4 | 4478 | 27.21% |
Net Assets in Top 10 | 58 M | -398 M | 2.55 B | 100.00% |
Weighting of Top 10 | N/A | 13.1% | 100.0% | 2.15% |
Top 10 Holdings
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
- 10 Year Treasury Note Future Dec 21 91.61%
Asset Allocation
Weighting | Return Low | Return High | PDMRX % Rank | |
---|---|---|---|---|
Bonds | 34.85% | -326.45% | 6347.80% | 71.02% |
Cash | 34.48% | -6278.21% | 410.43% | 18.73% |
Stocks | 26.16% | -3.75% | 97.95% | 55.83% |
Other | 4.51% | -21.53% | 148.54% | 48.06% |
Preferred Stocks | 0.00% | -0.12% | 46.97% | 85.87% |
Convertible Bonds | 0.00% | 0.00% | 87.92% | 94.35% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PDMRX % Rank | |
---|---|---|---|---|
Financial Services | 17.68% | 0.00% | 59.28% | 69.69% |
Technology | 16.01% | 0.00% | 39.58% | 20.08% |
Energy | 15.65% | 0.00% | 100.00% | 67.32% |
Consumer Cyclical | 11.01% | 0.00% | 29.09% | 49.21% |
Basic Materials | 10.41% | 0.00% | 27.46% | 5.51% |
Consumer Defense | 9.10% | 0.00% | 13.62% | 11.02% |
Real Estate | 6.26% | 0.00% | 51.26% | 56.30% |
Communication Services | 5.96% | 0.00% | 21.78% | 22.05% |
Industrials | 3.66% | 0.00% | 21.45% | 93.70% |
Healthcare | 3.18% | 0.00% | 45.63% | 83.46% |
Utilities | 1.08% | 0.00% | 9.23% | 93.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PDMRX % Rank | |
---|---|---|---|---|
Non US | 15.03% | -19.62% | 42.11% | 17.31% |
US | 11.13% | -8.85% | 91.88% | 84.81% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PDMRX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 46.28% | 0.27% | 100.00% | 51.94% |
Government | 28.90% | 0.00% | 84.29% | 40.64% |
Securitized | 18.47% | 0.00% | 56.83% | 14.13% |
Corporate | 6.35% | 0.00% | 87.73% | 52.30% |
Derivative | 0.00% | 0.00% | 88.81% | 52.65% |
Municipal | 0.00% | 0.00% | 27.33% | 89.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PDMRX % Rank | |
---|---|---|---|---|
US | 32.29% | -126.19% | 6311.18% | 61.13% |
Non US | 2.56% | -382.37% | 121.02% | 63.60% |
PDMRX - Expenses
Operational Fees
PDMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.18% | 0.29% | 31.15% | 84.53% |
Management Fee | 0.39% | 0.00% | 2.50% | 8.83% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 73.65% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
PDMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PDMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PDMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 491.00% | 96.77% |
PDMRX - Distributions
Dividend Yield Analysis
PDMRX | Category Low | Category High | PDMRX % Rank | |
---|---|---|---|---|
Dividend Yield | 17.96% | 0.00% | 4.56% | 86.57% |
Dividend Distribution Analysis
PDMRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
PDMRX | Category Low | Category High | PDMRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.51% | -2.51% | 6.83% | 25.54% |
Capital Gain Distribution Analysis
PDMRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2022 | $1.573 | OrdinaryDividend |
Dec 20, 2018 | $0.344 | OrdinaryDividend |
Dec 21, 2017 | $0.229 | OrdinaryDividend |
Dec 23, 2015 | $0.771 | OrdinaryDividend |
Dec 23, 2014 | $0.158 | OrdinaryDividend |
Dec 24, 2013 | $0.115 | OrdinaryDividend |
Dec 24, 2012 | $0.003 | OrdinaryDividend |
Dec 27, 2011 | $0.410 | OrdinaryDividend |
Dec 27, 2010 | $0.373 | OrdinaryDividend |
Dec 28, 2009 | $0.137 | OrdinaryDividend |
PDMRX - Fund Manager Analysis
Managers
Robert Schoen
Start Date
Tenure
Tenure Rank
Dec 23, 2008
13.44
13.4%
Robert Schoen is Co-Head of the Global Asset Allocation (GAA) group at Putnam Investments. In partnership with other GAA co-heads, he is responsible for the overall strategy and positioning of Putnam's GAA products. Robert’s career in the investment industry began in 1990. He joined Putnam in 1997. Prior to joining Putnam (from 1992 to 1997), Robert was a self-employed Financial Consultant. He was Head of Research at an asset management company from 1990 to 1992. Robert has a BA from Tufts University and an MBA from New York University, Stern School of Business.
James Fetch
Start Date
Tenure
Tenure Rank
Dec 23, 2008
13.44
13.4%
Mr. Fetch is a Co-Head of Global Asset Allocation (GAA). In partnership with the other GAA Co-Heads, he directs the overall strategy and positioning of Putnam’s GAA products. He is responsible for portfolio construction and risk management of GAA portfolios. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Fetch is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; Putnam Total Return Fund; and Putnam 529 for America. Mr. Fetch has been in the investment industry since he joined Putnam in 1994. After leaving in 1998 to complete his M.B.A., he rejoined the firm in 2000.
Brett Goldstein
Start Date
Tenure
Tenure Rank
Mar 31, 2019
3.17
3.2%
Co-Chief Investment Officer, Global Asset Allocation. Previously, Portfolio Manager and Analyst.
Adrian Chan
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. Chan is a Portfolio Manager in the Global Asset Allocation group. He joined Putnam in 2003 and first served in the investment industry from 2003 to 2006. After leaving to complete his M.B.A., Mr. Chan rejoined the industry full-time in 2008. Previously at Putnam, Mr. Chan served as an Investment Associate from 2003 to 2006, a Summer Intern in 2007, and an Analyst from 2008 to 2015. Mr. Chan earned an M.B.A. from The Wharton School at the University of Pennsylvania and an A.B. from Harvard University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.37 | 4.48 | 1.67 |