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Name

As of 01/26/2023

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

Putnam PanAgora Risk Parity Fund

PPRWX | Fund

$7.59

$33.1 M

6.67%

$0.51

1.14%

Vitals

YTD Return

3.8%

1 yr return

-17.2%

3 Yr Avg Return

-8.5%

5 Yr Avg Return

-5.4%

Net Assets

$33.1 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$7.6
$7.17
$9.21

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 01/26/2023

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

Putnam PanAgora Risk Parity Fund

PPRWX | Fund

$7.59

$33.1 M

6.67%

$0.51

1.14%

PPRWX - Profile

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return -8.5%
  • 5 Yr Annualized Total Return -5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.02%
DIVIDENDS
  • Dividend Yield 6.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Putnam PanAgora Risk Parity Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Sep 20, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Qian

Fund Description

PPRWX - Performance

Return Ranking - Trailing

Period PPRWX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -23.1% 18.0% 53.08%
1 Yr -17.2% -41.1% 3.1% 83.40%
3 Yr -8.5%* -18.7% 16.5% 92.18%
5 Yr -5.4%* -14.0% 12.6% 88.48%
10 Yr N/A* -8.4% 4.4% N/A

* Annualized

Return Ranking - Calendar

Period PPRWX Return Category Return Low Category Return High Rank in Category (%)
2023 -23.4% -48.5% 15.7% 85.55%
2022 -5.1% -10.0% 21.8% 91.16%
2021 2.6% -5.8% 15.2% 39.41%
2020 0.9% -7.6% 6.4% 82.10%
2019 -1.5% -6.8% 8.1% 36.92%

Total Return Ranking - Trailing

Period PPRWX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -29.8% 18.0% 53.08%
1 Yr -17.2% -41.1% 3.1% 83.40%
3 Yr -8.5%* -18.7% 16.5% 92.18%
5 Yr -5.4%* -14.0% 12.6% 89.86%
10 Yr N/A* -8.4% 6.6% N/A

* Annualized

Total Return Ranking - Calendar

Period PPRWX Return Category Return Low Category Return High Rank in Category (%)
2023 -23.4% -48.5% 15.7% 85.94%
2022 -5.1% -10.0% 21.8% 91.16%
2021 2.6% -5.8% 15.2% 39.41%
2020 0.9% -6.8% 6.4% 82.10%
2019 -1.5% -6.8% 11.4% 51.87%

NAV & Total Return History

PPRWX - Holdings

Concentration Analysis

PPRWX Category Low Category High PPRWX % Rank
Net Assets 33.1 M 643 K 15.7 B 80.90%
Number of Holdings 28 2 3255 57.89%
Net Assets in Top 10 81.5 M 349 K 12.1 B 53.76%
Weighting of Top 10 N/A 22.2% 100.0% 3.73%

Top 10 Holdings

  1. 2 Year Treasury Note Future Dec 20 105.13%
  2. 2 Year Treasury Note Future Dec 20 105.13%
  3. 2 Year Treasury Note Future Dec 20 105.13%
  4. 2 Year Treasury Note Future Dec 20 105.13%
  5. 2 Year Treasury Note Future Dec 20 105.13%
  6. 2 Year Treasury Note Future Dec 20 105.13%
  7. 2 Year Treasury Note Future Dec 20 105.13%
  8. 2 Year Treasury Note Future Dec 20 105.13%
  9. 2 Year Treasury Note Future Dec 20 105.13%
  10. 2 Year Treasury Note Future Dec 20 105.13%

Asset Allocation

Weighting Return Low Return High PPRWX % Rank
Bonds 		194.08% 0.00% 194.08% 1.50%
Stocks 		49.75% 0.00% 238.38% 46.62%
Other 		20.02% -72.87% 73.78% 13.53%
Preferred Stocks 		0.00% 0.00% 6.21% 87.97%
Convertible Bonds 		0.00% 0.00% 8.92% 89.85%
Cash 		-163.86% -163.86% 88.88% 99.25%

Stock Sector Breakdown

Weighting Return Low Return High PPRWX % Rank
Technology 		18.75% 0.00% 85.77% 37.67%
Financial Services 		16.47% 0.00% 98.22% 20.18%
Healthcare 		12.13% 0.00% 38.63% 44.39%
Consumer Cyclical 		10.85% 0.00% 25.83% 28.70%
Industrials 		10.01% 0.00% 23.85% 44.39%
Communication Services 		7.80% 0.00% 21.61% 27.80%
Consumer Defense 		6.46% 0.00% 37.51% 49.33%
Basic Materials 		6.39% 0.00% 56.73% 22.87%
Energy 		4.80% 0.00% 60.89% 57.40%
Real Estate 		3.73% 0.00% 99.45% 42.60%
Utilities 		2.59% 0.00% 91.12% 59.64%

Stock Geographic Breakdown

Weighting Return Low Return High PPRWX % Rank
US 		31.71% -1.19% 235.84% 50.00%
Non US 		18.04% -6.82% 98.11% 21.43%

Bond Sector Breakdown

Weighting Return Low Return High PPRWX % Rank
Government 		86.29% 0.00% 99.78% 8.65%
Cash & Equivalents 		13.71% 0.22% 100.00% 72.18%
Derivative 		0.00% 0.00% 71.81% 88.72%
Securitized 		0.00% 0.00% 52.99% 89.85%
Corporate 		0.00% 0.00% 98.74% 91.73%
Municipal 		0.00% 0.00% 19.13% 88.72%

Bond Geographic Breakdown

Weighting Return Low Return High PPRWX % Rank
US 		123.28% -17.22% 123.28% 1.50%
Non US 		70.80% -2.67% 70.80% 1.50%

PPRWX - Expenses

Operational Fees

PPRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.44% 3.72% 67.80%
Management Fee 0.75% 0.00% 1.50% 42.32%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

PPRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PPRWX 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.

PPRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 441.00% N/A

PPRWX - Distributions

Dividend Yield Analysis

PPRWX Category Low Category High PPRWX % Rank
Dividend Yield 6.67% 0.00% 11.75% 89.85%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PPRWX Category Low Category High PPRWX % Rank
Net Income Ratio -1.02% -2.12% 13.72% 87.79%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PPRWX - Fund Manager Analysis

Managers

Edward Qian

Start Date

Tenure

Tenure Rank

Aug 30, 2017

4.75

4.8%

Dr. Qian is the Chief Investment Officer and Head of Research, Multi Asset at PanAgora. His primary responsibilities include investment research and portfolio management in PanAgora’s Multi Asset group.

Bryan Belton

Start Date

Tenure

Tenure Rank

Aug 30, 2017

4.75

4.8%

Mr. Belton is a Managing Director within the Multi Asset group. Mr. Belton is responsible for research as well as the daily management of the firm’s Risk Parity, global fixed income, currency and commodity portfolios.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.83 6.56 13.0

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