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Name

As of

Price

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

Putnam Fixed Income Absolute Return Fund

PZARX |

-

$565 M

0.00%

0.84%

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 of

Price

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

Putnam Fixed Income Absolute Return Fund

PZARX |

-

$565 M

0.00%

0.84%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam Fixed Income Absolute Return Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Dec 23, 2008
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    United 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

  1. Federal National Mortgage Association 3% 15.45%
  2. 90 Day Eurodollar Future Mar21 15.18%
  3. 90 Day Eurodollar Future Mar20 15.15%
  4. Federal National Mortgage Association 3.5% 9.99%
  5. Federal National Mortgage Association 4% 9.73%
  6. Euro BUND Future Dec19 5.69%
  7. Mbx.Fn30.500.10 R Usl1m P 01/12/41 Bc 4.13%
  8. Future on US 5 Year Note (CBT) 2.81%
  9. Future on US 2 Year Note (CBT) 2.63%
  10. 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

View More +

PZARX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.68 5.63 1.67

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