Putnam High Yield Fund Class R6 Shares (PHYUX)
| Fund Assets | 863.29M |
| Expense Ratio | 0.66% |
| Min. Investment | $500 |
| Turnover | 45.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 5.80% |
| Dividend Growth | -21.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 5.85 |
| YTD Return | 1.34% |
| 1-Year Return | 9.06% |
| 5-Year Return | 23.56% |
| 52-Week Low | 5.19 |
| 52-Week High | 5.86 |
| Beta (5Y) | n/a |
| Holdings | 548 |
| Inception Date | May 22, 2018 |
About PHYUX
Putnam High Yield Fund R6 is a mutual fund focused on generating high current income through investments in corporate bonds. Its portfolio primarily consists of bonds issued by U.S. companies that are below investment-grade, typically classified as high-yield or "junk" bonds, with intermediate- to long-term maturities. The fund consistently allocates at least 80% of its assets to these below-investment-grade securities, emphasizing income generation over capital appreciation, although capital growth remains a secondary objective when it aligns with the fund’s high income strategy. By concentrating on the lower-rated segment of the bond market, Putnam High Yield Fund R6 plays a significant role for investors seeking exposure to higher-yielding fixed income assets while accepting the associated risks. The fund contributes to market liquidity in the high-yield bond sector and offers diversification benefits for portfolios seeking a balance between income and risk tolerance.
Performance
PHYUX had a total return of 9.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.92%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0275 | Jan 27, 2026 |
| Dec 26, 2025 | $0.0277 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0301 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0291 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0302 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0295 | Aug 26, 2025 |