Putnam Floating Rate Income Fund (PFRZX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.88
-0.01 (-0.13%)
Oct 3, 2025, 4:00 PM EDT
-0.13% (1Y)
| Fund Assets | 400.34M |
| Expense Ratio | 0.69% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 7.00% |
| Dividend Growth | -19.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 7.89 |
| YTD Return | -0.44% |
| 1-Year Return | 1.44% |
| 5-Year Return | 24.06% |
| 52-Week Low | 7.69 |
| 52-Week High | 8.02 |
| Beta (5Y) | n/a |
| Holdings | 236 |
| Inception Date | May 22, 2018 |
About PFRZX
The Fund's investment strategy focuses on Loan Participation with 0.7% total expense ratio. The minimum amount to invest in Putnam Funds Trust: Putnam Floating Rate Income Fund; Class R6 Shares is $500 on a standard taxable account. Putnam Funds Trust: Putnam Floating Rate Income Fund; Class R6 Shares seeks high current income. Preservation of capital is a secondary goal. PFRZX invests in corporate loans and other corporate debt securities which: have floating rates of interest, are obligations of U.S. issuers or are below investment grade in quality.
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol PFRZX
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
PFRZX had a total return of 1.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.06%.
Top 10 Holdings
16.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Net Cash | n/a | 8.36% |
| JANE STREET TLB S+200 06.3132 12/10/2031 | JANEST.L 12.15.31 19 | 1.06% |
| Garda World Tlb S+300 07.3086 02/01/2029 | n/a | 0.91% |
| COLONIAL PIPELINE TLB S+200 06.3132 06/12/2032 | COLPLN.L 07.30.32 1 | 0.88% |
| IFS AMERICA TLB5 S+350 07.8194 08/31/2031 | n/a | 0.87% |
| REALPAGE INC S+C+300 08.1424 04/22/2028 | RP.L 04.24.28 1 | 0.86% |
| AMERICAN AIRLINES S+225 06.58249 05/29/2029 | AAL.L 06.04.29 1 | 0.86% |
| SCIENTIFIC GAMES TLB S+300 08.3276 04/04/2029 | SCGALO.L 04.04.29 4 | 0.86% |
| CHARIOT BUYER LLC S+C+325 08.2746 11/3/2028 | CHAGRO.L 11.03.28 1 | 0.86% |
| GREAT OUTDOORS TLB S+325 07.5521 01/16/2032 | BASSPR.L 01.23.32 7 | 0.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.04454 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04997 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04781 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04574 | Jun 30, 2025 |
| May 30, 2025 | $0.04727 | May 30, 2025 |
| Apr 30, 2025 | $0.04409 | Apr 30, 2025 |