Putnam Short Duration Bond R (PRARX)

Fund Assets	1.41B
Expense Ratio	0.88%
Min. Investment	$500
Turnover	33.00%
Dividend (ttm)	0.36
Dividend Yield	3.61%
Dividend Growth	-2.09%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.96
YTD Return	1.07%
1-Year Return	2.92%
5-Year Return	10.77%
52-Week Low	9.93
52-Week High	10.08
Beta (5Y)	0.08
Holdings	615
Inception Date	Dec 23, 2008

About PRARX

Putnam Short Duration Bond Fund Class R is an actively managed mutual fund focused on high-quality, short-maturity fixed income. Its primary objective is to generate a high level of current income while emphasizing preservation of capital by concentrating on bonds with limited interest-rate sensitivity and an effective duration typically in the short-term range. The strategy invests broadly across investment-grade sectors, including U.S. Treasuries, corporate credit, asset-backed and other securitized debt, and may hold cash equivalents to manage liquidity and risk. The fund’s portfolio construction reflects diversification, with a relatively small proportion allocated to any single issuer and a modest share of assets in the top holdings, supporting risk control. Positioned within the short-term bond category, it is designed to dampen volatility compared with longer-duration bond funds and to provide a more stable return profile around interest-rate cycles. The fund’s mandate commonly includes maintaining at least a substantial majority of assets in bonds, aligning the vehicle with investors seeking income generation from short-dated, investment-grade fixed income instruments and a conservative posture within the broader bond market.

• Fund Family: Franklin Templeton Investments
• Category: Short-Term Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PRARX
• Index: ICE BofA U.S. Corporates 1-3 Years TR

Performance

PRARX had a total return of 2.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.91%.

Top 10 Holdings

16.53% of assets

Name	Symbol	Weight
United States Treasury Notes 3.875%	T.3.875 05.31.27	5.08%
Putnam Fds Tr	n/a	2.49%
Franklin Ultra Short Bond ETF	FLUD	2.47%
Banco Santander SA 1.722%	SANTAN.V1.722 09.14.27	1.41%
Goldman Sachs Group, Inc. 1.948%	GS.V1.948 10.21.27	1.08%
AutoNation, Inc.	n/a	0.96%
Citigroup Inc. 4.45%	C.4.45 09.29.27	0.79%
Celanese US Holdings Llc 1.4%	CE.1.4 08.05.26	0.77%
Medline Borrower LP 3.875%	MEDIND.3.875 04.01.29 144A	0.74%
Berry Global Inc 1.65%	AMCR.1.65 01.15.27	0.74%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03213	Jul 31, 2026
Jun 30, 2026	$0.02954	Jun 30, 2026
May 29, 2026	$0.03044	May 29, 2026
Apr 30, 2026	$0.02888	Apr 30, 2026
Mar 31, 2026	$0.02886	Mar 31, 2026
Feb 27, 2026	$0.02714	Feb 27, 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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