6.23 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 6.23
Category High Yield Bond
Net Assets 557.48 Mil
Yield 5.33%
Morningstar Risk Average
Morningstar Return Average
  • Last NAV update 9/16/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks high current income, and capital appreciation is a secondary consideration. The fund invests mainly in bonds that are obligations of U.S. companies, are below investment-grade in quality (sometimes referred to as "junk bonds"), and have intermediate- to long-term maturities (three years or longer). 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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 13.34% 3.15% 15.11% 6.81% 3.99%
Value ($) 11,333.91 11,691.03 13,457.17 14,373.09 14,946.94
  • Year to date performance as of 9/16/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Putnam
Fund Manager Paul Scanlon
Tenure (Years) 12
Fund Status Open
Minimum Initial Purchase 0.00
Minimum IRA Investment NA
Front Load 4.00
Expense Ratio 1.04%
PERFORMANCE
Symbol Value ($)
1 Month -0.53%
3 Months -0.78%
1 Year 7.60%
3 Years* 9.59%
5 Years* 9.82%
  • * Annualized returns
  • Performance as of 9/16/2014 12:00 AM ET
PEER COMPARISON
  PHYIX High Yield Bond
5-Yr Return 9.82% 10.08%
Sharpe Ratio 1.62 2.98
Net Assets 557.48 Mil 449.28 Mil
Avg Market Cap NA 12.59 Bil
Avg P/E NA 21.00
Portfolio Turnover 49 78
HOLDINGS
Symbol Value ($)
Stocks 0.31%
Cash 5.02%
Fixed Income 92.68%
Other 3.39%
TOP 10 HOLDINGS
NAME % NET ASSETS
Intelsat Luxembourg S A 7.75% 0.69%
First Data 144A 8.25% 0.59%
Hca 6.5% 0.59%
Ads Waste Hldgs 8.25% 0.52%
Petrobakken Engy 144A 8.625% 0.52%
Mtr Gaming Grp 11.5% 0.51%
Linn Engy 6.25% 0.51%
Caesars Ent Oper Tlb6 L+519 05.5279 01/28/2018 0.49%
Ceridian Hcm Hldg 144A 11% 0.49%
Royal Bank 1 SFR 0.48%
DATA PROVIDERS

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