Putnam Funds Trust - Putnam Short Term Municipal Income Fund Class R6
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.83
$52.1 M
3.35%
$0.33
0.65%
Vitals
YTD Return
0.4%
1 yr return
3.2%
3 Yr Avg Return
1.0%
5 Yr Avg Return
1.4%
Net Assets
$52.1 M
Holdings in Top 10
26.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.83
$52.1 M
3.35%
$0.33
0.65%
PYSTX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 1.0%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.91%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam Funds Trust - Putnam Short Term Municipal Income Fund Class R6
-
Fund Family NamePutnam
-
Inception DateMay 21, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Drury
Fund Description
PYSTX - Performance
Return Ranking - Trailing
Period | PYSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -2.7% | 12.2% | 12.66% |
1 Yr | 3.2% | -3.0% | 38.5% | 54.36% |
3 Yr | 1.0%* | -10.3% | 3.3% | 3.24% |
5 Yr | 1.4%* | -5.7% | 1102.9% | 22.58% |
10 Yr | N/A* | -0.2% | 248.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | PYSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.2% | -1.4% | 41.0% | 92.42% |
2022 | -3.7% | -39.7% | 0.3% | 3.94% |
2021 | -0.3% | -5.6% | 6.9% | 41.40% |
2020 | 0.7% | -2.6% | 310.0% | 88.51% |
2019 | 1.1% | 0.0% | 26.0% | 96.26% |
Total Return Ranking - Trailing
Period | PYSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -2.7% | 12.2% | 12.66% |
1 Yr | 3.2% | -3.0% | 38.5% | 54.36% |
3 Yr | 1.0%* | -10.3% | 3.3% | 3.24% |
5 Yr | 1.4%* | -5.7% | 1102.9% | 22.58% |
10 Yr | N/A* | -0.2% | 248.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PYSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.4% | -1.3% | 41.0% | 76.36% |
2022 | -2.2% | -39.7% | 1.1% | 3.55% |
2021 | 1.3% | -4.8% | 23761504.0% | 57.14% |
2020 | 1.8% | -1.5% | 17057.9% | 91.08% |
2019 | 2.9% | 0.2% | 3514.6% | 94.24% |
NAV & Total Return History
PYSTX - Holdings
Concentration Analysis
PYSTX | Category Low | Category High | PYSTX % Rank | |
---|---|---|---|---|
Net Assets | 52.1 M | 3.48 M | 68.1 B | 93.23% |
Number of Holdings | 125 | 2 | 12848 | 77.13% |
Net Assets in Top 10 | 13.7 M | -317 M | 3.4 B | 92.27% |
Weighting of Top 10 | 26.37% | 1.9% | 100.4% | 18.76% |
Top 10 Holdings
- UNIVERSITY CALIF REVS 0.01% 5.91%
- MURRAY CITY UTAH HOSP REV 0.03% 3.98%
- MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 0.05% 3.97%
- NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.03% 3.97%
- SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 0.6% 3.84%
- PALM BEACH CNTY FLA HSG FIN AUTH MULTIFAMILY HSG REV 1.25% 3.66%
- PHILADELPHIA PA AUTH FOR INDL DEV CITY AGREEMENT REV 5% 3.24%
- CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 0.45% 2.95%
- SOUTH CAROLINA TRANSN INFRASTRUCTURE BK REV 0.52% 2.95%
- HEMPSTEAD N Y UN FREE SCH DIST 1% 2.93%
Asset Allocation
Weighting | Return Low | Return High | PYSTX % Rank | |
---|---|---|---|---|
Bonds | 100.48% | 0.00% | 150.86% | 10.43% |
Stocks | 0.00% | 0.00% | 99.80% | 80.30% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 67.91% |
Other | 0.00% | -8.54% | 33.35% | 66.49% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 67.85% |
Cash | -0.48% | -50.86% | 50.09% | 97.94% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PYSTX % Rank | |
---|---|---|---|---|
Municipal | 97.30% | 44.39% | 100.00% | 63.32% |
Cash & Equivalents | 2.70% | 0.00% | 48.02% | 14.30% |
Derivative | 0.00% | -8.54% | 23.38% | 64.82% |
Securitized | 0.00% | 0.00% | 5.93% | 68.50% |
Corporate | 0.00% | 0.00% | 9.41% | 71.99% |
Government | 0.00% | 0.00% | 52.02% | 69.99% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PYSTX % Rank | |
---|---|---|---|---|
US | 99.87% | 0.00% | 142.23% | 13.98% |
Non US | 0.61% | 0.00% | 23.89% | 8.31% |
PYSTX - Expenses
Operational Fees
PYSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.01% | 20.65% | 60.71% |
Management Fee | 0.27% | 0.00% | 1.20% | 12.81% |
12b-1 Fee | N/A | 0.00% | 1.00% | 60.02% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
PYSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | 75.78% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
PYSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
PYSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 54.00% | 0.00% | 283.00% | 94.46% |
PYSTX - Distributions
Dividend Yield Analysis
PYSTX | Category Low | Category High | PYSTX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.35% | 0.00% | 14.36% | 35.93% |
Dividend Distribution Analysis
PYSTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PYSTX | Category Low | Category High | PYSTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.91% | -0.53% | 5.33% | 89.63% |
Capital Gain Distribution Analysis
PYSTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.028 | DailyAccrualFund |
Jan 31, 2024 | $0.027 | DailyAccrualFund |
Dec 29, 2023 | $0.027 | DailyAccrualFund |
Nov 30, 2023 | $0.026 | DailyAccrualFund |
Oct 31, 2023 | $0.025 | DailyAccrualFund |
Sep 29, 2023 | $0.027 | DailyAccrualFund |
Aug 31, 2023 | $0.026 | DailyAccrualFund |
Jul 31, 2023 | $0.023 | DailyAccrualFund |
Jun 30, 2023 | $0.023 | DailyAccrualFund |
May 31, 2023 | $0.022 | DailyAccrualFund |
Apr 28, 2023 | $0.019 | DailyAccrualFund |
Mar 31, 2023 | $0.021 | DailyAccrualFund |
Feb 28, 2023 | $0.022 | DailyAccrualFund |
Jan 31, 2023 | $0.020 | DailyAccrualFund |
Dec 30, 2022 | $0.020 | DailyAccrualFund |
Nov 30, 2022 | $0.017 | DailyAccrualFund |
Oct 31, 2022 | $0.015 | DailyAccrualFund |
Sep 30, 2022 | $0.015 | DailyAccrualFund |
Aug 31, 2022 | $0.014 | DailyAccrualFund |
Jul 29, 2022 | $0.013 | DailyAccrualFund |
Jun 30, 2022 | $0.013 | DailyAccrualFund |
May 31, 2022 | $0.010 | DailyAccrualFund |
Apr 29, 2022 | $0.008 | DailyAccrualFund |
Mar 31, 2022 | $0.007 | DailyAccrualFund |
Feb 28, 2022 | $0.004 | DailyAccrualFund |
Jan 31, 2022 | $0.006 | DailyAccrualFund |
Nov 30, 2021 | $0.006 | DailyAccrualFund |
Oct 29, 2021 | $0.006 | DailyAccrualFund |
Sep 30, 2021 | $0.006 | DailyAccrualFund |
Aug 31, 2021 | $0.006 | DailyAccrualFund |
Jul 30, 2021 | $0.007 | DailyAccrualFund |
Jun 30, 2021 | $0.007 | DailyAccrualFund |
May 28, 2021 | $0.008 | DailyAccrualFund |
Apr 30, 2021 | $0.009 | DailyAccrualFund |
Mar 31, 2021 | $0.009 | DailyAccrualFund |
Feb 26, 2021 | $0.009 | DailyAccrualFund |
Jan 29, 2021 | $0.009 | DailyAccrualFund |
Nov 30, 2020 | $0.010 | DailyAccrualFund |
Oct 30, 2020 | $0.011 | DailyAccrualFund |
Sep 30, 2020 | $0.011 | DailyAccrualFund |
Aug 31, 2020 | $0.010 | DailyAccrualFund |
Jul 31, 2020 | $0.013 | DailyAccrualFund |
Jun 30, 2020 | $0.013 | DailyAccrualFund |
May 29, 2020 | $0.012 | DailyAccrualFund |
Apr 30, 2020 | $0.014 | DailyAccrualFund |
Mar 31, 2020 | $0.015 | DailyAccrualFund |
Feb 28, 2020 | $0.014 | DailyAccrualFund |
Jan 31, 2020 | $0.015 | DailyAccrualFund |
Dec 31, 2019 | $0.002 | ExtraDividend |
Nov 29, 2019 | $0.015 | DailyAccrualFund |
Oct 31, 2019 | $0.016 | DailyAccrualFund |
Sep 30, 2019 | $0.014 | DailyAccrualFund |
Aug 30, 2019 | $0.018 | DailyAccrualFund |
Jul 31, 2019 | $0.017 | DailyAccrualFund |
May 31, 2019 | $0.018 | DailyAccrualFund |
Apr 30, 2019 | $0.018 | DailyAccrualFund |
Mar 29, 2019 | $0.016 | DailyAccrualFund |
Feb 28, 2019 | $0.015 | DailyAccrualFund |
Jan 31, 2019 | $0.015 | DailyAccrualFund |
Dec 31, 2018 | $0.015 | DailyAccrualFund |
Nov 30, 2018 | $0.017 | DailyAccrualFund |
Oct 31, 2018 | $0.016 | DailyAccrualFund |
Aug 31, 2018 | $0.017 | DailyAccrualFund |
Jul 31, 2018 | $0.014 | DailyAccrualFund |
PYSTX - Fund Manager Analysis
Managers
Paul Drury
Start Date
Tenure
Tenure Rank
Mar 18, 2013
9.21
9.2%
Paul M. Drury is a Portfolio Manager in the Tax Exempt Fixed Income group. In this role, he is responsible for managing several sectors within the municipal market. He is also a Portfolio Manager of Putnam’s taxexempt funds. Mr. Drury, a CFA charterholder, has been in the investment industry since he joined Putnam in 1989.
Garrett Hamilton
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Mr. Hamilton has been employed by Putnam since 2016 as a Portfolio Manager. Prior to joining Putnam, Mr. Hamilton was a Portfolio Manager at BNY Mellon from 2010 to 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |