Putnam Tax-Free High Yield Y
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
-9.7%
3 Yr Avg Return
-4.3%
5 Yr Avg Return
-1.8%
Net Assets
$737 M
Holdings in Top 10
12.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.60%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PTFYX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return -4.3%
- 5 Yr Annualized Total Return -1.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.32%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam Tax Free High Yield Fund
-
Fund Family NamePutnam
-
Inception DateJan 02, 2008
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Drury
PTFYX - Performance
Return Ranking - Trailing
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -15.2% | 7.4% | 31.42% |
1 Yr | -9.7% | -18.2% | 1.6% | 24.55% |
3 Yr | -4.3%* | -9.3% | 2.3% | 39.17% |
5 Yr | -1.8%* | -5.3% | 2.6% | 45.36% |
10 Yr | -1.1%* | -3.4% | 4.3% | 43.20% |
* Annualized
Return Ranking - Calendar
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -15.7% | -26.9% | 2.6% | 28.83% |
2021 | 0.3% | -1.0% | 3.7% | 87.67% |
2020 | 0.3% | -3.5% | 5.7% | 35.48% |
2019 | 1.1% | -4.1% | 3.4% | 68.72% |
2018 | -0.6% | -1.2% | 2.6% | 61.46% |
Total Return Ranking - Trailing
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -16.1% | 7.4% | 34.96% |
1 Yr | -9.7% | -18.2% | 1.6% | 24.55% |
3 Yr | -4.3%* | -9.3% | 2.3% | 39.17% |
5 Yr | -1.8%* | -4.9% | 2.6% | 49.48% |
10 Yr | -1.1%* | -3.4% | 4.3% | 48.00% |
* Annualized
Total Return Ranking - Calendar
Period | PTFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -15.7% | -26.9% | 2.6% | 28.83% |
2021 | 0.3% | -1.0% | 3.7% | 87.67% |
2020 | 0.3% | -3.5% | 5.7% | 35.48% |
2019 | 1.1% | -4.1% | 3.4% | 68.72% |
2018 | -0.6% | -1.2% | 2.6% | 65.63% |
NAV & Total Return History
PTFYX - Holdings
Concentration Analysis
PTFYX | Category Low | Category High | PTFYX % Rank | |
---|---|---|---|---|
Net Assets | 737 M | 9.79 K | 20.2 B | 56.05% |
Number of Holdings | 433 | 1 | 3950 | 53.81% |
Net Assets in Top 10 | 77.1 M | -102 M | 3.41 B | 62.78% |
Weighting of Top 10 | 12.45% | 1.1% | 97.0% | 51.80% |
Top 10 Holdings
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
Asset Allocation
Weighting | Return Low | Return High | PTFYX % Rank | |
---|---|---|---|---|
Bonds | 99.02% | 0.00% | 146.69% | 51.33% |
Cash | 0.97% | -3.16% | 100.00% | 45.74% |
Stocks | 0.00% | 0.00% | 5.80% | 35.84% |
Preferred Stocks | 0.00% | -47.61% | 0.32% | 23.32% |
Other | 0.00% | 0.00% | 0.18% | 27.80% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 22.42% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PTFYX % Rank | |
---|---|---|---|---|
Municipal | 98.95% | 0.00% | 100.00% | 39.46% |
Cash & Equivalents | 0.96% | 0.00% | 100.00% | 47.53% |
Government | 0.09% | 0.00% | 0.09% | 0.45% |
Derivative | 0.00% | 0.00% | 0.02% | 24.22% |
Securitized | 0.00% | 0.00% | 22.44% | 25.56% |
Corporate | 0.00% | 0.00% | 4.15% | 57.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PTFYX % Rank | |
---|---|---|---|---|
US | 97.04% | 0.00% | 139.84% | 17.04% |
Non US | 1.98% | 0.00% | 21.09% | 81.61% |
PTFYX - Expenses
Operational Fees
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.05% | 2.63% | 73.39% |
Management Fee | 0.46% | 0.00% | 1.41% | 31.86% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 63.16% |
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.
PTFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 2.00% | 121.00% | 67.79% |
PTFYX - Distributions
Dividend Yield Analysis
PTFYX | Category Low | Category High | PTFYX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.02% | 0.00% | 12.84% | 46.02% |
Dividend Distribution Analysis
PTFYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PTFYX | Category Low | Category High | PTFYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.32% | 1.11% | 5.70% | 42.04% |
Capital Gain Distribution Analysis
PTFYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2022 | $0.036 | DailyAccrualFund |
Oct 31, 2022 | $0.034 | DailyAccrualFund |
Sep 30, 2022 | $0.036 | DailyAccrualFund |
Aug 31, 2022 | $0.034 | DailyAccrualFund |
Jul 29, 2022 | $0.037 | DailyAccrualFund |
Jun 30, 2022 | $0.036 | DailyAccrualFund |
May 31, 2022 | $0.035 | DailyAccrualFund |
Apr 29, 2022 | $0.035 | DailyAccrualFund |
Mar 31, 2022 | $0.034 | DailyAccrualFund |
Feb 28, 2022 | $0.025 | DailyAccrualFund |
Jan 31, 2022 | $0.032 | DailyAccrualFund |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.033 | DailyAccrualFund |
Oct 29, 2021 | $0.034 | DailyAccrualFund |
Sep 30, 2021 | $0.033 | DailyAccrualFund |
Aug 31, 2021 | $0.033 | DailyAccrualFund |
Jul 30, 2021 | $0.036 | DailyAccrualFund |
Jun 30, 2021 | $0.035 | DailyAccrualFund |
May 28, 2021 | $0.033 | DailyAccrualFund |
Apr 30, 2021 | $0.038 | DailyAccrualFund |
Mar 31, 2021 | $0.037 | DailyAccrualFund |
Feb 26, 2021 | $0.035 | DailyAccrualFund |
Jan 29, 2021 | $0.037 | DailyAccrualFund |
Dec 31, 2020 | $0.007 | DailyAccrualFund |
Nov 30, 2020 | $0.036 | DailyAccrualFund |
Oct 30, 2020 | $0.039 | DailyAccrualFund |
Sep 30, 2020 | $0.036 | DailyAccrualFund |
Aug 31, 2020 | $0.035 | DailyAccrualFund |
Jul 31, 2020 | $0.039 | DailyAccrualFund |
Jun 30, 2020 | $0.035 | DailyAccrualFund |
May 29, 2020 | $0.035 | DailyAccrualFund |
Apr 30, 2020 | $0.038 | DailyAccrualFund |
Mar 31, 2020 | $0.038 | DailyAccrualFund |
Feb 28, 2020 | $0.035 | DailyAccrualFund |
Jan 31, 2020 | $0.039 | DailyAccrualFund |
Nov 29, 2019 | $0.039 | DailyAccrualFund |
Oct 31, 2019 | $0.039 | DailyAccrualFund |
Sep 30, 2019 | $0.036 | DailyAccrualFund |
Aug 30, 2019 | $0.040 | DailyAccrualFund |
Jul 31, 2019 | $0.039 | DailyAccrualFund |
May 31, 2019 | $0.040 | DailyAccrualFund |
Apr 30, 2019 | $0.040 | DailyAccrualFund |
Mar 29, 2019 | $0.039 | DailyAccrualFund |
Feb 28, 2019 | $0.039 | DailyAccrualFund |
Jan 31, 2019 | $0.038 | DailyAccrualFund |
Dec 31, 2018 | $0.037 | DailyAccrualFund |
Nov 30, 2018 | $0.044 | DailyAccrualFund |
Oct 31, 2018 | $0.040 | DailyAccrualFund |
Aug 31, 2018 | $0.043 | DailyAccrualFund |
Jul 31, 2018 | $0.038 | DailyAccrualFund |
Jun 29, 2018 | $0.042 | DailyAccrualFund |
May 31, 2018 | $0.041 | DailyAccrualFund |
Apr 30, 2018 | $0.039 | DailyAccrualFund |
Mar 29, 2018 | $0.042 | DailyAccrualFund |
Feb 28, 2018 | $0.041 | DailyAccrualFund |
Jan 31, 2018 | $0.040 | DailyAccrualFund |
Dec 29, 2017 | $0.028 | ExtraDividend |
Nov 30, 2017 | $0.040 | DailyAccrualFund |
Oct 31, 2017 | $0.039 | DailyAccrualFund |
Sep 29, 2017 | $0.042 | DailyAccrualFund |
Aug 31, 2017 | $0.040 | DailyAccrualFund |
Jul 31, 2017 | $0.038 | DailyAccrualFund |
Jun 30, 2017 | $0.044 | DailyAccrualFund |
May 31, 2017 | $0.041 | DailyAccrualFund |
Apr 28, 2017 | $0.038 | DailyAccrualFund |
Mar 31, 2017 | $0.043 | DailyAccrualFund |
Feb 28, 2017 | $0.043 | DailyAccrualFund |
Jan 31, 2017 | $0.042 | DailyAccrualFund |
Dec 30, 2016 | $0.034 | ExtraDividend |
Nov 30, 2016 | $0.038 | DailyAccrualFund |
Oct 31, 2016 | $0.038 | DailyAccrualFund |
Sep 30, 2016 | $0.044 | DailyAccrualFund |
Aug 31, 2016 | $0.041 | DailyAccrualFund |
Jul 29, 2016 | $0.041 | DailyAccrualFund |
Jun 30, 2016 | $0.042 | DailyAccrualFund |
May 31, 2016 | $0.041 | DailyAccrualFund |
Apr 29, 2016 | $0.045 | DailyAccrualFund |
Mar 31, 2016 | $0.043 | DailyAccrualFund |
Feb 29, 2016 | $0.046 | DailyAccrualFund |
Jan 29, 2016 | $0.041 | DailyAccrualFund |
Dec 31, 2015 | $0.018 | ExtraDividend |
Nov 30, 2015 | $0.045 | DailyAccrualFund |
Oct 30, 2015 | $0.043 | DailyAccrualFund |
Sep 30, 2015 | $0.045 | DailyAccrualFund |
Aug 31, 2015 | $0.045 | DailyAccrualFund |
Jul 31, 2015 | $0.045 | DailyAccrualFund |
Jun 30, 2015 | $0.049 | DailyAccrualFund |
May 29, 2015 | $0.043 | DailyAccrualFund |
Apr 30, 2015 | $0.045 | DailyAccrualFund |
Mar 31, 2015 | $0.047 | DailyAccrualFund |
Feb 27, 2015 | $0.046 | DailyAccrualFund |
Jan 30, 2015 | $0.044 | DailyAccrualFund |
Dec 31, 2014 | $0.024 | ExtraDividend |
Nov 28, 2014 | $0.043 | DailyAccrualFund |
Oct 31, 2014 | $0.045 | DailyAccrualFund |
Sep 30, 2014 | $0.049 | DailyAccrualFund |
Aug 29, 2014 | $0.042 | DailyAccrualFund |
Jul 31, 2014 | $0.045 | DailyAccrualFund |
Jun 30, 2014 | $0.047 | DailyAccrualFund |
May 30, 2014 | $0.045 | DailyAccrualFund |
Apr 30, 2014 | $0.047 | DailyAccrualFund |
Mar 31, 2014 | $0.046 | DailyAccrualFund |
Feb 28, 2014 | $0.047 | DailyAccrualFund |
Jan 31, 2014 | $0.048 | DailyAccrualFund |
Dec 31, 2013 | $0.050 | DailyAccrualFund |
Nov 29, 2013 | $0.047 | DailyAccrualFund |
Oct 31, 2013 | $0.049 | DailyAccrualFund |
Sep 30, 2013 | $0.051 | DailyAccrualFund |
Aug 30, 2013 | $0.047 | DailyAccrualFund |
Jul 31, 2013 | $0.050 | DailyAccrualFund |
Jun 28, 2013 | $0.043 | DailyAccrualFund |
May 31, 2013 | $0.048 | DailyAccrualFund |
Apr 30, 2013 | $0.052 | DailyAccrualFund |
Mar 28, 2013 | $0.042 | DailyAccrualFund |
Feb 28, 2013 | $0.048 | DailyAccrualFund |
Jan 31, 2013 | $0.047 | DailyAccrualFund |
Dec 31, 2012 | $0.048 | DailyAccrualFund |
Nov 30, 2012 | $0.049 | DailyAccrualFund |
Oct 31, 2012 | $0.052 | DailyAccrualFund |
Sep 28, 2012 | $0.043 | DailyAccrualFund |
Aug 31, 2012 | $0.047 | DailyAccrualFund |
Jul 31, 2012 | $0.049 | DailyAccrualFund |
Jun 29, 2012 | $0.047 | DailyAccrualFund |
May 31, 2012 | $0.049 | DailyAccrualFund |
Apr 30, 2012 | $0.051 | DailyAccrualFund |
Mar 30, 2012 | $0.047 | DailyAccrualFund |
Feb 29, 2012 | $0.049 | DailyAccrualFund |
Jan 31, 2012 | $0.050 | DailyAccrualFund |
Dec 30, 2011 | $0.055 | DailyAccrualFund |
Nov 30, 2011 | $0.055 | DailyAccrualFund |
Oct 31, 2011 | $0.055 | DailyAccrualFund |
Sep 30, 2011 | $0.053 | DailyAccrualFund |
Aug 31, 2011 | $0.056 | DailyAccrualFund |
Jul 29, 2011 | $0.049 | DailyAccrualFund |
Jun 30, 2011 | $0.055 | DailyAccrualFund |
May 31, 2011 | $0.058 | DailyAccrualFund |
Apr 29, 2011 | $0.053 | DailyAccrualFund |
Mar 31, 2011 | $0.058 | DailyAccrualFund |
Feb 28, 2011 | $0.052 | DailyAccrualFund |
Jan 31, 2011 | $0.057 | DailyAccrualFund |
Dec 31, 2010 | $0.055 | DailyAccrualFund |
Nov 30, 2010 | $0.056 | DailyAccrualFund |
Oct 29, 2010 | $0.051 | DailyAccrualFund |
Sep 30, 2010 | $0.053 | DailyAccrualFund |
Aug 31, 2010 | $0.057 | DailyAccrualFund |
Jul 30, 2010 | $0.054 | DailyAccrualFund |
Jun 30, 2010 | $0.059 | DailyAccrualFund |
May 28, 2010 | $0.049 | DailyAccrualFund |
Apr 30, 2010 | $0.052 | DailyAccrualFund |
Mar 31, 2010 | $0.060 | DailyAccrualFund |
Feb 26, 2010 | $0.050 | DailyAccrualFund |
Jan 29, 2010 | $0.052 | DailyAccrualFund |
Dec 31, 2009 | $0.056 | DailyAccrualFund |
Nov 30, 2009 | $0.054 | DailyAccrualFund |
Oct 30, 2009 | $0.052 | DailyAccrualFund |
Sep 30, 2009 | $0.053 | DailyAccrualFund |
Aug 31, 2009 | $0.055 | DailyAccrualFund |
Jul 31, 2009 | $0.055 | DailyAccrualFund |
Jun 30, 2009 | $0.057 | DailyAccrualFund |
May 29, 2009 | $0.052 | DailyAccrualFund |
Apr 30, 2009 | $0.054 | DailyAccrualFund |
Mar 31, 2009 | $0.057 | DailyAccrualFund |
Feb 27, 2009 | $0.050 | DailyAccrualFund |
Jan 30, 2009 | $0.053 | DailyAccrualFund |
Dec 31, 2008 | $0.059 | DailyAccrualFund |
Nov 28, 2008 | $0.049 | DailyAccrualFund |
Oct 31, 2008 | $0.056 | DailyAccrualFund |
Sep 30, 2008 | $0.058 | DailyAccrualFund |
Aug 29, 2008 | $0.053 | DailyAccrualFund |
Jul 31, 2008 | $0.056 | DailyAccrualFund |
Jun 30, 2008 | $0.056 | DailyAccrualFund |
May 30, 2008 | $0.053 | DailyAccrualFund |
Apr 30, 2008 | $0.053 | DailyAccrualFund |
Mar 31, 2008 | $0.056 | DailyAccrualFund |
Feb 29, 2008 | $0.053 | DailyAccrualFund |
Jan 31, 2008 | $0.053 | DailyAccrualFund |
PTFYX - Fund Manager Analysis
Managers
Paul Drury
Start Date
Tenure
Tenure Rank
Jun 01, 2002
20.01
20.0%
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 |
---|---|---|---|
0.06 | 21.43 | 7.34 | 2.52 |