Putnam Floating Rate Income Fund Class R6 Shares (PFRZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.95
0.00 (0.00%)
Mar 5, 2025, 4:00 PM EST
-0.62% (1Y)
| Fund Assets | 400.34M |
| Expense Ratio | 0.72% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 7.58% |
| Dividend Growth | -19.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 7.95 |
| YTD Return | -0.09% |
| 1-Year Return | 6.53% |
| 5-Year Return | 28.85% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 249 |
| 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
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PFRZX
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
PFRZX had a total return of 6.53% in the past year. Since the fund's inception, the average annual return has been 4.47%, including dividends.
Top 10 Holdings
13.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Net Cash | n/a | 6.37% |
| JANE STREET TLB S+200 06.3955 12/10/2031 | JANEST L 12.15.31 19 | 0.83% |
| Garda World Sec Tlb S+350 07.8052 02/01/2029 | n/a | 0.82% |
| Great Canadian Gaming Corp Tlb S+475 09.4061 11/01/2029 | n/a | 0.81% |
| MCAFEE CORP TLB S+300 07.3703 03/01/2029 | MCFE L 03.01.29 7 | 0.79% |
| SCIENTIFIC GAMES TLB S+300 08.3276 04/04/2029 | SCGALO L 04.04.29 4 | 0.78% |
| IGT HOLDING IFS S+365 08.95989 03/31/2028 | n/a | 0.78% |
| PRO MACH GROUP TLB S+350 07.8116 08/31/2028 | PRMACH L 08.31.28 9 | 0.78% |
| CHARIOT BUYER LLC S+C+325 08.2746 10/22/2028 | CHAGRO L 11.03.28 1 | 0.77% |
| REALPAGE INC S+C+300 08.1424 04/22/2028 | RP L 04.24.28 1 | 0.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.04263 | Feb 28, 2025 |
| Jan 31, 2025 | $0.04333 | Jan 31, 2025 |
| Dec 31, 2024 | $0.04473 | Dec 31, 2024 |
| Nov 29, 2024 | $0.046 | Nov 29, 2024 |
| Oct 31, 2024 | $0.04935 | Oct 31, 2024 |
| Sep 30, 2024 | $0.05045 | Sep 30, 2024 |