Putnam High Financials
| PFJAX Fund | USD 5.40 0.01 0.19% |
Putnam |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Putnam High Fund Summary
Putnam High competes with Financials Ultrasector, Prudential Jennison, John Hancock, and Transamerica Financial. The fund invests mainly in bonds that are obligations of U.S. companies, are below investment-grade in quality, and have intermediate- to long-term maturities. Under normal circumstances, it invests at least 80 percent of its net assets in securities rated below-investment-grade. The adviser may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments. The fund may also invest in other debt instruments, including loans.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Putnam High Yield |
| Mutual Fund Family | Putnam |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1581 |
| Currency | USD - US Dollar |
Putnam High Key Financial Ratios
Putnam Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putnam High's current stock value. Our valuation model uses many indicators to compare Putnam High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putnam High competition to find correlations between indicators driving Putnam High's intrinsic value. More Info.Putnam High Yield is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 126.12 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putnam High's earnings, one of the primary drivers of an investment's value.Putnam High Yield Systematic Risk
Putnam High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Putnam High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Putnam High Yield correlated with the market. If Beta is less than 0 Putnam High generally moves in the opposite direction as compared to the market. If Putnam High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam High is generally in the same direction as the market. If Beta > 1 Putnam High moves generally in the same direction as, but more than the movement of the benchmark.
Putnam High November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Putnam High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Putnam High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2329 | |||
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 0.7484 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.1883 |
Other Information on Investing in Putnam Mutual Fund
Putnam High financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam High security.
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