Putnam Short Duration Bond Fund Class C (PARQX)
| Fund Assets | 1.40B |
| Expense Ratio | 1.38% |
| Min. Investment | $500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.14% |
| Dividend Growth | -1.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.89 |
| YTD Return | 0.07% |
| 1-Year Return | 3.27% |
| 5-Year Return | 7.44% |
| 52-Week Low | 9.88 |
| 52-Week High | 10.00 |
| Beta (5Y) | n/a |
| Holdings | 562 |
| 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 3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.23%.
Top 10 Holdings
24.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Us 2yr Note (Cbt) Jun26 Tum6 | n/a | 10.21% |
| United States Treasury Notes 3.875% | T.3.875 05.31.27 | 5.06% |
| Franklin Ultra Short Bond ETF | FLUD | 2.45% |
| Banco Santander SA 1.722% | SANTAN.V1.722 09.14.27 | 1.39% |
| Goldman Sachs Group, Inc. 1.948% | GS.V1.948 10.21.27 | 1.06% |
| Athene Global Funding 1.73% | ATH.1.73 10.02.26 144A | 0.85% |
| General Motors Financial Company Inc 1.5% | GM.1.5 06.10.26 | 0.80% |
| Citigroup Inc. 4.45% | C.4.45 09.29.27 | 0.79% |
| Celanese US Holdings Llc 1.4% | CE.1.4 08.05.26 | 0.76% |
| Block Inc 2.75% | XYZ.2.75 06.01.26 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.02484 | Apr 30, 2026 |
| 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 |