Putnam High Yield Fund Class C (PHYLX)

Fund Assets	833.92M
Expense Ratio	1.74%
Min. Investment	$500
Turnover	45.00%
Dividend (ttm)	0.29
Dividend Yield	5.59%
Dividend Growth	-25.47%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 28, 2026

Previous Close	5.12
YTD Return	2.43%
1-Year Return	4.70%
5-Year Return	15.36%
52-Week Low	5.01
52-Week High	5.19
Beta (5Y)	0.43
Holdings	560
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 Investments
• 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 4.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.

Dividend History

Ex-Dividend	Amount	Pay Date
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
Mar 26, 2026	$0.0223	Mar 26, 2026
Feb 24, 2026	$0.0246	Feb 24, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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