Putnam Short Duration Bond Fund Class C (PARQX)
| Fund Assets | 1.38B |
| Expense Ratio | 1.38% |
| Min. Investment | $500 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.90% |
| Dividend Growth | -0.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.92 |
| YTD Return | -0.12% |
| 1-Year Return | 3.13% |
| 5-Year Return | 7.41% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.00 |
| Beta (5Y) | n/a |
| Holdings | 553 |
| Inception Date | Dec 23, 2008 |
About PARQX
Putnam Short Duration Bond Fund Class C is an actively managed mutual fund focused on short-term fixed income. Its primary objective is capital preservation and modest income by investing predominantly in bonds and other debt instruments, with at least 80% of assets typically allocated to bonds and an effective duration generally kept at three years or less to limit interest-rate sensitivity. The portfolio spans a diversified mix of U.S. issuers across investment-grade sectors, seeking to balance credit quality and yield while managing volatility associated with rate moves. The fund distributes income monthly, reflecting its income-oriented mandate, and maintains a broad holdings base to diversify issuer and sector risk. Positioned within the short-term bond category, it serves as a conservative core bond sleeve or a liquidity-aware complement to longer-duration strategies, aiming to dampen overall portfolio fluctuations while providing consistent cash flow. Fund-level data indicate meaningful scale, active turnover, and a long operating history since 2008, supporting execution in varied market conditions.
Performance
PARQX had a total return of 3.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.23%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02477 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02334 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02446 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0273 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0237 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02845 | Oct 31, 2025 |