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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.73

$737 M

0.00%

0.60%

Vitals

YTD Return

-18.0%

1 yr return

-7.5%

3 Yr Avg Return

1.4%

5 Yr Avg Return

3.0%

Net Assets

$737 M

Holdings in Top 10

12.5%

52 WEEK LOW AND HIGH

$10.7
$10.72
$13.31

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

Investment Style

High Yield Muni


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.73

$737 M

0.00%

0.60%

PTFYX - Profile

Distributions

  • YTD Total Return -18.0%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 3.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam Tax Free High Yield Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Jan 02, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Drury

PTFYX - Performance

Return Ranking - Trailing

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.0% -29.8% -1.4% 36.94%
1 Yr -7.5% -14.0% 4.4% 44.44%
3 Yr 1.4%* -2.2% 4.1% 27.93%
5 Yr 3.0%* 0.2% 4.7% 32.06%
10 Yr 3.8%* 1.8% 5.9% 43.75%

* Annualized

Return Ranking - Calendar

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
2021 0.5% -1.9% 5.6% 87.27%
2020 0.9% -10.1% 4.2% 34.40%
2019 4.6% -0.7% 9.1% 67.92%
2018 -2.8% -5.7% 95.6% 61.34%
2017 4.2% -0.7% 8.6% 45.40%

Total Return Ranking - Trailing

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.0% -29.8% -1.4% 36.94%
1 Yr -7.5% -14.0% 4.3% 35.56%
3 Yr 1.4%* -2.2% 3.6% 21.62%
5 Yr 3.0%* 0.2% 4.7% 26.79%
10 Yr 3.8%* 1.8% 5.9% 40.00%

* Annualized

Total Return Ranking - Calendar

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
2021 0.5% -1.9% 5.6% 87.27%
2020 0.9% -10.1% 4.2% 34.40%
2019 4.6% -0.7% 9.1% 67.92%
2018 -2.8% -5.7% 95.6% 65.46%
2017 4.2% -0.7% 9.8% 49.43%

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 56.25%
Number of Holdings 433 1 3950 53.57%
Net Assets in Top 10 77.1 M -102 M 3.41 B 62.95%
Weighting of Top 10 12.45% 1.1% 97.0% 52.02%

Top 10 Holdings

  1. 5 Year Treasury Note Future June 21 5.63%
  2. 5 Year Treasury Note Future June 21 5.63%
  3. 5 Year Treasury Note Future June 21 5.63%
  4. 5 Year Treasury Note Future June 21 5.63%
  5. 5 Year Treasury Note Future June 21 5.63%
  6. 5 Year Treasury Note Future June 21 5.63%
  7. 5 Year Treasury Note Future June 21 5.63%
  8. 5 Year Treasury Note Future June 21 5.63%
  9. 5 Year Treasury Note Future June 21 5.63%
  10. 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% 51.54%
Cash
0.97% -3.16% 100.00% 45.54%
Stocks
0.00% 0.00% 5.80% 33.92%
Preferred Stocks
0.00% -47.61% 0.32% 19.64%
Other
0.00% 0.00% 0.18% 25.45%
Convertible Bonds
0.00% 0.00% 0.00% 17.41%

Bond Sector Breakdown

Weighting Return Low Return High PTFYX % Rank
Municipal
98.95% 0.00% 100.00% 39.73%
Cash & Equivalents
0.96% 0.00% 100.00% 47.32%
Government
0.09% 0.00% 0.09% 0.45%
Derivative
0.00% 0.00% 0.02% 20.09%
Securitized
0.00% 0.00% 22.44% 21.43%
Corporate
0.00% 0.00% 4.15% 58.48%

Bond Geographic Breakdown

Weighting Return Low Return High PTFYX % Rank
US
97.04% 0.00% 139.84% 16.96%
Non US
1.98% 0.00% 21.09% 81.70%

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% 73.52%
Management Fee 0.46% 0.00% 1.41% 31.72%
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% 67.94%

PTFYX - Distributions

Dividend Yield Analysis

PTFYX Category Low Category High PTFYX % Rank
Dividend Yield 0.00% 0.00% 12.27% 56.83%

Dividend Distribution Analysis

PTFYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PTFYX Category Low Category High PTFYX % Rank
Net Income Ratio 3.32% 1.11% 5.70% 41.85%

Capital Gain Distribution Analysis

PTFYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

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