Putnam Fixed Income Absolute Return M
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.0%
1 yr return
5.7%
3 Yr Avg Return
4.8%
5 Yr Avg Return
2.6%
Net Assets
$565 M
Holdings in Top 10
82.0%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.84%
SALES FEES
Front Load 0.75%
Deferred Load N/A
TRADING FEES
Turnover 532.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PZARX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 4.5%
- 5 Yr Annualized Total Return 2.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.82%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam Fixed Income Absolute Return Fund
-
Fund Family NamePutnam
-
Inception DateDec 23, 2008
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
PZARX - Performance
Return Ranking - Trailing
Period | PZARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -21.8% | 300.2% | 49.53% |
1 Yr | 5.7% | -24.2% | 303.2% | 11.46% |
3 Yr | 4.8%* | -12.1% | 58.3% | 3.13% |
5 Yr | 2.6%* | -6.8% | 33.2% | 5.58% |
10 Yr | 2.4%* | -3.2% | 14.7% | 4.82% |
* Annualized
Return Ranking - Calendar
Period | PZARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -7.4% | 12.4% | 36.86% |
2022 | -2.5% | -9.2% | 0.8% | 20.83% |
2021 | 0.7% | -12.3% | 9.4% | 57.66% |
2020 | -1.0% | -2.8% | 10.7% | 96.07% |
2019 | -6.3% | -11.1% | 4.8% | 73.23% |
Total Return Ranking - Trailing
Period | PZARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -21.8% | 300.2% | 49.53% |
1 Yr | 4.9% | -24.2% | 303.2% | 13.69% |
3 Yr | 4.5%* | -9.1% | 62.3% | 3.13% |
5 Yr | 2.5%* | -4.2% | 37.1% | 20.47% |
10 Yr | 2.4%* | -3.2% | 19.9% | 18.07% |
* Annualized
Total Return Ranking - Calendar
Period | PZARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -7.0% | 12.6% | 42.32% |
2022 | -2.5% | -9.2% | 4.8% | 46.21% |
2021 | 0.7% | -3.1% | 15.2% | 72.98% |
2020 | -1.0% | -2.8% | 17.7% | 96.94% |
2019 | -6.3% | -10.1% | 5.4% | 86.36% |
PZARX - Holdings
Concentration Analysis
PZARX | Category Low | Category High | PZARX % Rank | |
---|---|---|---|---|
Net Assets | 565 M | 2.88 M | 32.4 B | 54.64% |
Number of Holdings | 1003 | 1 | 5115 | 23.62% |
Net Assets in Top 10 | 182 M | -3.43 B | 10 B | 36.25% |
Weighting of Top 10 | 82.02% | 11.1% | 866.9% | 8.89% |
Top 10 Holdings
- Federal National Mortgage Association 3% 15.45%
- 90 Day Eurodollar Future Mar21 15.18%
- 90 Day Eurodollar Future Mar20 15.15%
- Federal National Mortgage Association 3.5% 9.99%
- Federal National Mortgage Association 4% 9.73%
- Euro BUND Future Dec19 5.69%
- Mbx.Fn30.500.10 R Usl1m P 01/12/41 Bc 4.13%
- Future on US 5 Year Note (CBT) 2.81%
- Future on US 2 Year Note (CBT) 2.63%
- Euro Schatz Dec19 1.26%
Asset Allocation
Weighting | Return Low | Return High | PZARX % Rank | |
---|---|---|---|---|
Bonds | 105.45% | -2367.93% | 258.37% | 5.50% |
Other | 4.19% | -15.28% | 43.46% | 10.68% |
Convertible Bonds | 2.09% | -1.28% | 141.94% | 39.16% |
Preferred Stocks | 0.16% | 0.00% | 23.00% | 31.72% |
Stocks | 0.00% | -71.93% | 249.29% | 70.87% |
Cash | -11.88% | -164.01% | 2217.71% | 90.94% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PZARX % Rank | |
---|---|---|---|---|
Securitized | 77.30% | 0.00% | 95.98% | 7.77% |
Corporate | 30.32% | 0.00% | 95.75% | 32.36% |
Government | 0.10% | -7.42% | 398.07% | 88.67% |
Municipal | 0.00% | 0.00% | 80.02% | 66.02% |
Derivative | -0.25% | -238.73% | 68.05% | 96.12% |
Cash & Equivalents | -11.66% | -103.66% | 100.00% | 99.68% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PZARX % Rank | |
---|---|---|---|---|
US | 102.42% | -458.01% | 190.23% | 5.18% |
Non US | 3.03% | -2231.74% | 219.61% | 82.52% |
PZARX - Expenses
Operational Fees
PZARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.84% | 0.01% | 14.61% | 76.14% |
Management Fee | 0.54% | 0.00% | 2.15% | 25.78% |
12b-1 Fee | 0.30% | 0.00% | 1.00% | 56.91% |
Administrative Fee | N/A | 0.03% | 0.45% | N/A |
Sales Fees
PZARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 0.75% | 0.00% | 6.50% | 97.18% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PZARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 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.
PZARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 532.00% | 2.00% | 532.00% | 100.00% |
PZARX - Distributions
Dividend Yield Analysis
PZARX | Category Low | Category High | PZARX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.58% | 6.83% |
Dividend Distribution Analysis
PZARX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
PZARX | Category Low | Category High | PZARX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.82% | -0.23% | 6.94% | 27.83% |
Capital Gain Distribution Analysis
PZARX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 20, 2019 | $0.031 | |
Feb 20, 2019 | $0.031 | |
Jan 22, 2019 | $0.031 | |
Dec 20, 2018 | $0.031 | |
Nov 20, 2018 | $0.031 | |
Oct 22, 2018 | $0.031 | |
Sep 20, 2018 | $0.031 | |
Aug 20, 2018 | $0.031 | |
Jul 20, 2018 | $0.028 | |
Jun 20, 2018 | $0.025 | |
Dec 21, 2017 | $0.422 | |
Dec 22, 2016 | $0.288 | |
Dec 28, 2015 | $0.445 | |
Dec 26, 2014 | $0.366 | |
Dec 24, 2013 | $0.426 | |
Dec 24, 2012 | $0.153 | |
Dec 27, 2011 | $0.095 |