Putnam High Yield Fund Class C (PHYLX)
| Fund Assets | 863.29M |
| Expense Ratio | 1.78% |
| Min. Investment | $500 |
| Turnover | 45.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 5.45% |
| Dividend Growth | -25.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 5.17 |
| YTD Return | 1.22% |
| 1-Year Return | 7.76% |
| 5-Year Return | 16.96% |
| 52-Week Low | 4.65 |
| 52-Week High | 5.18 |
| Beta (5Y) | n/a |
| Holdings | 548 |
| Inception Date | Mar 30, 2007 |
About PHYLX
Putnam High Yield Fund Class C is an open‑end mutual fund focused on below‑investment‑grade corporate credit. Its primary objective is to provide high current income by investing predominantly in U.S. company bonds rated below investment grade, typically with intermediate‑ to long‑term maturities, while also accessing other debt instruments such as loans. The strategy emphasizes credit research and active risk management, considering credit, interest‑rate, and prepayment risks alongside broader market conditions. The fund offers monthly income distributions and targets the high yield bond category, aiming to capture spread premiums associated with non‑investment‑grade issuers. It maintains a diversified portfolio across hundreds of holdings, reflecting a broad exposure to the U.S. high yield market and related sectors sensitive to credit cycles. Class C shares are structured with higher ongoing expenses relative to other share classes, aligning with distribution and servicing features. Since its inception in 2007, the fund has served investors seeking bond‑market exposure centered on credit risk and income generation within the U.S. corporate high yield segment.
Performance
PHYLX had a total return of 7.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.72%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0226 | Jan 27, 2026 |
| Dec 26, 2025 | $0.023 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0255 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0243 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0256 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0245 | Aug 26, 2025 |