Putnam Floating Rate Income Fund Class R6 Shares (PFRZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.99
-0.01 (-0.13%)
Feb 7, 2025, 4:00 PM EST
0.13%
Fund Assets 400.34M
Expense Ratio 0.72%
Min. Investment $500
Turnover n/a
Dividend (ttm) 0.62
Dividend Yield 7.71%
Dividend Growth -16.76%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 8.00
YTD Return -0.13%
1-Year Return 7.52%
5-Year Return 22.06%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 239
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 7.52% in the past year. Since the fund's inception, the average annual return has been 4.52%, including dividends.

Top 10 Holdings

17.11% of assets
Name Symbol Weight
Net Cash n/a 10.00%
JANE STREET TLB S+200 06.3955 12/10/2031 JANEST L 12.15.31 19 0.83%
Garda World Sec Tlb S+350 07.8971 02/01/2029 n/a 0.82%
MCAFEE CORP TLB S+300 07.3703 03/01/2029 MCFE L 03.01.29 7 0.79%
IGT HOLDING IFS S+365 08.95989 03/31/2028 n/a 0.78%
SCIENTIFIC GAMES TLB S+300 08.3276 04/04/2029 SCGALO L 04.04.29 4 0.78%
PRO MACH GROUP TLB S+350 07.8570 08/31/2028 PRMACH L 08.31.28 9 0.78%
Hunter Douglas Tlb S+350 04.0000 02/09/2029 n/a 0.77%
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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Aug 30, 2024 $0.05165 Aug 30, 2024
Full Dividend History