Putnam High Yield Fund Class C (PHYLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

4.950

+0.020 (0.41%)

At close: Oct 15, 2026

Fund Assets	806.03M
Expense Ratio	1.74%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.28
Dividend Yield	5.70%
Dividend Growth	-27.51%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 25, 2026

Previous Close	4.930
YTD Return	-0.50%
1-Year Return	1.11%
5-Year Return	11.72%
52-Week Low	4.930
52-Week High	5.180
Beta (5Y)	0.43
Holdings	559
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.

Fund Family Franklin Templeton, Inc

Category High Yield Bond

Performance Rating Below Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol PHYLX

Index Index is not available on Lipper Database

Performance

PHYLX had a total return of 1.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.86%.

Top 10 Holdings

9.76% of assets

Name	Symbol	Weight
Putnam Fds Tr	n/a	3.41%
Kedrion S.p.A. 6.5%	KEDRIM.6.5 09.01.29 144A	0.84%
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%	CHTR.4.75 03.01.30 144A	0.80%
R.R. Donnelley And Sons Co. 9.5%	RRD.9.5 08.01.29 144A	0.72%
PHH Escrow Issuer LLC / PHH Corp 9.875%	PHHESC.9.875 11.01.29 144A	0.70%
Rain Carbon Inc 12.25%	RCOLIN.12.25 09.01.29 144A	0.68%
Davita Inc 6.875%	DVA.6.875 09.01.32 144A	0.67%
Opal Bidco SAS 6.5%	OPALBD.6.5 03.31.32 144A	0.66%
Iqvia Inc 6.25%	IQV.6.25 06.01.32 144A	0.66%
Connect Finco SARL/Connect US Finco LLC 9%	ISATLN.9 09.15.29 144A	0.62%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.0237	Sep 25, 2026
Aug 26, 2026	$0.023	Aug 26, 2026
Jul 28, 2026	$0.0244	Jul 28, 2026
Jun 25, 2026	$0.0207	Jun 25, 2026
May 26, 2026	$0.0241	May 26, 2026
Apr 27, 2026	$0.0237	Apr 27, 2026

Full Dividend History