Putnam Floating Rate Fund Quote
| PFRZX Fund | USD 7.89 0.01 0.13% |
PerformanceWeak
| Odds Of DistressLow
|
Putnam Floating is trading at 7.89 as of the 21st of March 2025; that is 0.13 percent down since the beginning of the trading day. The fund's open price was 7.9. Putnam Floating has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 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
Putnam Mutual Fund Highlights
| Fund Concentration | Putnam Funds, Large Funds, Bank Loan Funds, Bank Loan, Putnam (View all Sectors) |
| Update Date | 31st of March 2025 |
Putnam Floating Rate [PFRZX] is traded in USA and was established 21st of March 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 0.08% with the current yeild of 0.0%, while the total return for the last 3 years was 7.27%.
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 | 0.0613 | |||
| Semi Deviation | 0.0689 | |||
| Standard Deviation | 0.1384 | |||
| Variance | 0.0192 |
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.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |