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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$869 M

-

0.80%

Vitals

YTD Return

N/A

1 yr return

2.6%

3 Yr Avg Return

1.4%

5 Yr Avg Return

2.3%

Net Assets

$869 M

Holdings in Top 10

64.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 496.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$869 M

-

0.80%

PJMYX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.81%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Putnam Absolute Return 500 Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Dec 23, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jason R. Vaillancourt

Fund Description


PJMYX - Performance

Return Ranking - Trailing

Period PJMYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.8% 13.1% N/A
1 Yr 2.6% -9.8% 7.5% N/A
3 Yr 1.4%* -4.2% 4.7% N/A
5 Yr 2.3%* -8.5% 23.6% N/A
10 Yr N/A* -7.3% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period PJMYX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -22.2% 3.1% N/A
2022 N/A -5.1% 25.1% N/A
2021 N/A -8.5% 192.8% N/A
2020 N/A -33.0% 3.0% N/A
2019 N/A -29.8% 32.1% N/A

Total Return Ranking - Trailing

Period PJMYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.8% 13.1% N/A
1 Yr 2.6% -9.8% 10.2% N/A
3 Yr 1.4%* -4.2% 6.9% N/A
5 Yr 2.3%* -8.2% 28.6% N/A
10 Yr N/A* -7.3% 26.4% N/A

* Annualized

Total Return Ranking - Calendar

Period PJMYX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -22.2% 7.9% N/A
2022 N/A -4.6% 25.1% N/A
2021 N/A -4.1% 204.3% N/A
2020 N/A -32.4% 4.2% N/A
2019 N/A -29.8% 32.1% N/A

PJMYX - Holdings

Concentration Analysis

PJMYX Category Low Category High PJMYX % Rank
Net Assets 869 M 330 K 229 B N/A
Number of Holdings 792 3 17358 N/A
Net Assets in Top 10 -24.1 M -28.8 B 32.2 B N/A
Weighting of Top 10 64.58% 4.0% 1674.7% N/A

Top 10 Holdings

  1. Gsglpwdl R Us0001m P 12/15/20 Gs 20.78%
  2. Gsglpwds P Us0001m R 12/15/20 Gs 19.47%
  3. Ndueegf P Us0001m R 08/21/18 Ub 10.15%
  4. FNMA 3.77%
  5. Ndueegf P Usl3m R 03/19/18 Ci 2.48%
  6. Utilities Select Sector SPDR® ETF 2.09%
  7. Fannie Mae Single Family TBA 2.5% 1.57%
  8. Ndueegf P Us0003m R 09/20/18 Ci 1.49%
  9. Deutsche Bk Ag London Mtn 144a FRN 1.43%
  10. Mlfcf12 R Us0003m P 11/16/18 Ba 1.34%

Asset Allocation

Weighting Return Low Return High PJMYX % Rank
Cash
67.65% -539.21% 70.47% N/A
Bonds
24.10% 0.00% 394.27% N/A
Stocks
21.84% -3.42% 96.77% N/A
Preferred Stocks
0.02% 0.00% 20.33% N/A
Convertible Bonds
0.00% 0.00% 18.42% N/A
Other
-13.61% -98.58% 236.55% N/A

Stock Sector Breakdown

Weighting Return Low Return High PJMYX % Rank
Technology
4.39% -0.35% 12.99% N/A
Financial Services
3.61% -0.01% 19.01% N/A
Utilities
2.84% -0.05% 8.49% N/A
Consumer Cyclical
2.39% -0.18% 9.63% N/A
Communication Services
1.87% -0.05% 4.01% N/A
Basic Materials
1.64% 0.00% 7.19% N/A
Consumer Defense
1.55% -0.18% 10.56% N/A
Healthcare
1.47% -0.20% 10.55% N/A
Industrials
0.99% -0.15% 12.95% N/A
Energy
0.79% 0.00% 11.26% N/A
Real Estate
0.13% -0.04% 11.09% N/A

Stock Geographic Breakdown

Weighting Return Low Return High PJMYX % Rank
Non US
14.31% -0.18% 91.88% N/A
US
7.53% -4.95% 59.49% N/A

Bond Sector Breakdown

Weighting Return Low Return High PJMYX % Rank
Cash & Equivalents
67.91% -532.79% 70.33% N/A
Securitized
12.94% 0.00% 103.00% N/A
Corporate
9.71% 0.00% 127.23% N/A
Government
1.94% -74.72% 316.66% N/A
Municipal
0.00% 0.00% 102.07% N/A
Derivative
-0.73% -234.33% 48.69% N/A

Bond Geographic Breakdown

Weighting Return Low Return High PJMYX % Rank
US
18.69% 0.00% 219.16% N/A
Non US
5.41% -41.14% 244.34% N/A

PJMYX - Expenses

Operational Fees

PJMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.00% 38.42% N/A
Management Fee 0.59% 0.00% 2.15% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.63% N/A

Sales Fees

PJMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

PJMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PJMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 496.00% 0.00% 2337.00% N/A

PJMYX - Distributions

Dividend Yield Analysis

PJMYX Category Low Category High PJMYX % Rank
Dividend Yield 0.00% 0.00% 8.86% N/A

Dividend Distribution Analysis

PJMYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

PJMYX Category Low Category High PJMYX % Rank
Net Income Ratio 1.81% -2.82% 7.22% N/A

Capital Gain Distribution Analysis

PJMYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PJMYX - Fund Manager Analysis

Managers

Jason R. Vaillancourt


Start Date

Tenure

Tenure Rank

Dec 23, 2008

9.27

9.3%

Mr. Vaillancourt is a Co-Head of Global Asset Allocation (GAA). In partnership with the other GAA Co- Heads, he directs the overall strategy and positioning of Putnam’s GAA products. He is accountable for the research that drives the top-down views of GAA portfolios, including asset class, region, and sector decisions. His work also contributes to Putnam’s Capital Markets Outlook. In addition, Mr. Vaillancourt is a portfolio manager of GAA, multi-asset absolute return, and total return strategies. He joined Putnam in 2000 and has been in the investment industry since 1993. Prior to joining Putnam, Mr. Vaillancourt was a Research Associate in Taxable Fixed Income at Fidelity Investments from 1996 to 1998, and an Assistant Portfolio Manager at Independence Investment Associates from 1993 to 1996. He earned an M.B.A. from the University of Chicago and a B.S. from Northeastern University.

James A. Fetch


Start Date

Tenure

Tenure Rank

Dec 23, 2008

9.27

9.3%

Mr. Fetch is a Co-Head of Global Asset Allocation. In partnership with other GAA Co-Heads, he directs the overall strategy and positioning of Putnam's GAA products. He is accountable for GAA portfolio construction and risk management strategies. His work also contributes to Putnam's Capital Markets Outlook. Since 2008, Mr. Fetch has served as a portfolio manager. He is responsible for managing Putnam's GAA, multi-asset absolute return, and total return strategies. Mr. Fetch been in the investment industry since he originally joined Putnam in 1994. After leaving to complete his M.B.A, he rejoined the firm in 2000. He earned an M.B.A. from the University of Chicago and a B.A. from the University of Notre Dame.

Robert J. Schoen


Start Date

Tenure

Tenure Rank

Dec 23, 2008

9.27

9.3%

Robert Schoen is Co-Head of the Global Asset Allocation (GAA) group at Putnam Investments. In partnership with other GAA co-heads, he is responsible for the overall strategy and positioning of Putnam's GAA products. Robert’s career in the investment industry began in 1990. He joined Putnam in 1997. Prior to joining Putnam (from 1992 to 1997), Robert was a self-employed Financial Consultant. He was Head of Research at an asset management company from 1990 to 1992. Robert has a BA from Tufts University and an MBA from New York University, Stern School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 30.51 6.95 7.12