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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.28

$880 M

0.00%

0.63%

Vitals

YTD Return

2.0%

1 yr return

8.0%

3 Yr Avg Return

6.5%

5 Yr Avg Return

4.7%

Net Assets

$880 M

Holdings in Top 10

14.2%

52 WEEK LOW AND HIGH

$13.3
$12.90
$13.54

Expenses

OPERATING FEES

Expense Ratio 0.63%

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

$13.28

$880 M

0.00%

0.63%

PTFYX - Profile

Distributions

  • YTD Total Return 2.0%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 4.7%
  • 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 2.0% -1.8% 5.6% 59.55%
1 Yr 8.0% 0.4% 15.8% 50.90%
3 Yr 6.5%* 2.3% 10.1% 39.63%
5 Yr 4.7%* 1.9% 7.4% 36.23%
10 Yr 5.6%* 3.5% 8.8% 51.90%

* Annualized

Return Ranking - Calendar

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
2020 0.9% -10.1% 4.2% 33.18%
2019 4.6% -0.7% 9.1% 68.40%
2018 -2.8% -5.7% 95.6% 62.37%
2017 4.2% -0.7% 8.6% 45.09%
2016 -3.1% -6.7% -0.8% 51.81%

Total Return Ranking - Trailing

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -1.8% 5.6% 59.55%
1 Yr 8.0% -0.1% 15.8% 38.74%
3 Yr 6.5%* 2.3% 10.1% 33.64%
5 Yr 4.7%* 1.9% 7.4% 31.88%
10 Yr 5.6%* 3.5% 8.8% 49.37%

* Annualized

Total Return Ranking - Calendar

Period PTFYX Return Category Return Low Category Return High Rank in Category (%)
2020 0.9% -10.1% 4.2% 33.18%
2019 4.6% -0.7% 9.1% 68.40%
2018 -2.8% -5.7% 4.2% 66.49%
2017 4.2% -0.7% 9.8% 49.13%
2016 -3.1% -6.3% 1.1% 54.22%

NAV & Total Return History


PTFYX - Holdings

Concentration Analysis

PTFYX Category Low Category High PTFYX % Rank
Net Assets 880 M 10.5 K 24.2 B 56.05%
Number of Holdings 466 1 4026 52.23%
Net Assets in Top 10 30 M -39.2 M 3.51 B 84.38%
Weighting of Top 10 14.21% 1.1% 100.0% 37.50%

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
88.46% 0.00% 141.23% 97.32%
Cash
11.64% -1.58% 99.53% 0.89%
Preferred Stocks
0.00% -42.06% 0.31% 25.45%
Other
0.00% -0.65% 99.99% 30.36%
Convertible Bonds
0.00% 0.00% 0.00% 24.11%
Stocks
-0.09% -0.10% 5.41% 97.77%

Bond Sector Breakdown

Weighting Return Low Return High PTFYX % Rank
Municipal
88.91% 0.47% 100.00% 95.52%
Cash & Equivalents
10.89% 0.00% 99.53% 1.35%
Government
0.20% 0.00% 0.34% 4.04%
Derivative
0.00% 0.00% 0.02% 24.66%
Securitized
0.00% 0.00% 20.38% 26.46%
Corporate
0.00% 0.00% 4.16% 56.50%

Bond Geographic Breakdown

Weighting Return Low Return High PTFYX % Rank
US
86.97% 0.00% 134.79% 75.00%
Non US
1.49% 0.00% 18.14% 86.16%

PTFYX - Expenses

Operational Fees

PTFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.05% 2.56% 67.96%
Management Fee 0.47% 0.00% 1.00% 35.27%
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% 5.75% 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 1.00% 1.00% 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% 7.00% 250.00% 49.31%

PTFYX - Distributions

Dividend Yield Analysis

PTFYX Category Low Category High PTFYX % Rank
Dividend Yield 0.00% 0.00% 1.77% 25.89%

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% 0.75% 6.78% 51.80%

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

19.43

19.4%

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

4.84

4.8%

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 23.6 7.26 1.94