Putnam Short Duration Bond Fund Class Y (PARYX)
| Fund Assets | 1.40B |
| Expense Ratio | 0.38% |
| Min. Investment | $500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.13% |
| Dividend Growth | -1.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.93 |
| YTD Return | 0.19% |
| 1-Year Return | 4.18% |
| 5-Year Return | 12.36% |
| 52-Week Low | 9.92 |
| 52-Week High | 10.04 |
| Beta (5Y) | n/a |
| Holdings | 562 |
| Inception Date | Dec 23, 2008 |
About PARYX
Putnam Short Duration Bond Fund Class Y is an actively managed mutual fund focused on generating a high level of current income while emphasizing capital preservation. The strategy invests primarily in short-term bonds and other fixed income instruments, generally maintaining an effective duration of three years or less to help limit interest-rate sensitivity. The portfolio spans high-quality sectors of the U.S. bond market, allocating broadly across investment-grade corporates, asset-backed and mortgage-related securities, and U.S. government and agency obligations, with at least 80% of assets typically in fixed income securities under normal conditions. By concentrating on shorter maturities and diversified credit exposures, the fund aims to balance income generation with lower volatility relative to core bond funds. It serves investors seeking a conservative fixed income allocation that can complement cash management needs and reduce overall portfolio duration risk. The fund’s results are often assessed against a linked benchmark that includes short-term Treasury bill and short-duration bond market references, reflecting its focus on capital stability and incremental yield over cash.
Performance
PARYX had a total return of 4.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.22%.
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 | $0.03295 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03293 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03097 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03293 | Jan 30, 2026 |
| Dec 31, 2025 | $0.036 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0314 | Nov 28, 2025 |