Putnam Floating Risk Adjusted Performance

PFRYX Fund  USD 8.01  0.01  0.12%   
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Putnam Floating Rate has current Risk Adjusted Performance of 0.139.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.139
ER[a] = Expected return on investing in Putnam Floating
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Putnam Floating Risk Adjusted Performance Peers Comparison

Putnam Risk Adjusted Performance Relative To Other Indicators

Putnam Floating Rate is regarded second largest fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  6.39  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Putnam Floating Rate is roughly  6.39 
Compare Putnam Floating to Peers

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