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Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Putnam Tax Free High Yield Fund

PTFYX | Fund

$11.49

$737 M

4.02%

$0.46

0.60%

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

$11.5
$10.41
$12.79

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

Putnam Tax Free High Yield Fund

PTFYX | Fund

$11.49

$737 M

4.02%

$0.46

0.60%

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%
DIVIDENDS
  • Dividend Yield 4.0%
  • 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 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

  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% 51.33%
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

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

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