Putnam Floating Rate Fund Quote
| PFRZX Fund | USD 8.01 0.00 0.00% |
Performance18 of 100
| Odds Of DistressLess than 16
|
Putnam Floating is trading at 8.01 as of the 31st of January 2025; that is No Change since the beginning of the trading day. The fund's open price was 8.01. Putnam Floating has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
The fund invests mainly in corporate loans and debt securities that have floating rates of interest and other corporate debt securities. It will invest at least 80 percent of its net assets in income-producing floating rate loans and other floating rate debt securities. More on Putnam Floating Rate
Moving together with Putnam Mutual Fund
| 0.99 | PFICX | Putnam Floating Rate | PairCorr |
| 0.69 | PFJAX | Putnam High Yield | PairCorr |
| 0.97 | PFLRX | Putnam Floating Rate | PairCorr |
| 0.98 | PFLLX | Putnam Floating Rate | PairCorr |
Moving against Putnam Mutual Fund
Putnam Mutual Fund Highlights
| Fund Concentration | Putnam Funds, Large Funds, Bank Loan Funds, Bank Loan, Putnam (View all Sectors) |
| Update Date | 31st of December 2024 |
Putnam Floating Rate [PFRZX] is traded in USA and was established 31st of January 2025. Putnam Floating is listed under Putnam category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Putnam family. This fund at this time has accumulated 400.34 M in assets with no minimum investment requirementsPutnam Floating Rate is currently producing year-to-date (YTD) return of 0.52% with the current yeild of 0.0%, while the total return for the last 3 years was 6.51%.
Check Putnam Floating Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Floating Rate Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Putnam Floating Rate Risk Profiles
| Mean Deviation | 0.0711 | |||
| Standard Deviation | 0.1296 | |||
| Variance | 0.0168 | |||
| Risk Adjusted Performance | 0.1432 |
Putnam Floating Against Markets
Other Information on Investing in Putnam Mutual Fund
Putnam Floating 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 Floating security.
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