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Trending ETFs

Name

As of 06/12/2024

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.

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PUTNAM HIGH YIELD FUND

PHYLX | Fund

$5.09

$906 M

5.22%

$0.26

1.80%

Vitals

YTD Return

2.4%

1 yr return

9.0%

3 Yr Avg Return

0.2%

5 Yr Avg Return

2.5%

Net Assets

$906 M

Holdings in Top 10

11.0%

52 WEEK LOW AND HIGH

$5.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.80%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 48.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/12/2024

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 HIGH YIELD FUND

PHYLX | Fund

$5.09

$906 M

5.22%

$0.26

1.80%

PHYLX - Profile

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.48%
DIVIDENDS
  • Dividend Yield 5.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PUTNAM HIGH YIELD FUND
  • Fund Family Name
    Putnam Family of Funds
  • Inception Date
    Jan 25, 2011
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Norman Boucher

Fund Description

Investments

We invest 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). Under normal circumstances, we invest at least 80% of the fund’s net assets in securities rated below investment-grade. This policy may be changed only after 60 days’ notice to shareholders.

We may also invest in other debt instruments, including loans. We 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. We may also use derivatives, such as futures, options, certain foreign currency transactions, and credit default swap contracts, for both hedging and non-hedging purposes.

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PHYLX - Performance

Return Ranking - Trailing

Period PHYLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -6.4% 7.5% 79.94%
1 Yr 9.0% -5.2% 19.2% 81.46%
3 Yr 0.2%* -16.2% 20.0% 84.32%
5 Yr 2.5%* -11.7% 37.0% 84.49%
10 Yr 2.6%* -5.2% 19.5% 77.28%

* Annualized

Return Ranking - Calendar

Period PHYLX Return Category Return Low Category Return High Rank in Category (%)
2023 5.8% -4.7% 14.3% 34.07%
2022 -16.2% -33.4% 3.6% 64.32%
2021 0.4% -8.4% 8.2% 37.83%
2020 0.4% -13.2% 302.7% 42.02%
2019 8.4% -4.4% 13.3% 44.62%

Total Return Ranking - Trailing

Period PHYLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -6.4% 7.5% 79.94%
1 Yr 9.0% -5.2% 19.2% 81.46%
3 Yr 0.2%* -16.2% 20.0% 84.32%
5 Yr 2.5%* -11.7% 37.0% 84.49%
10 Yr 2.6%* -5.2% 19.5% 77.28%

* Annualized

Total Return Ranking - Calendar

Period PHYLX Return Category Return Low Category Return High Rank in Category (%)
2023 10.9% -4.7% 18.7% 75.44%
2022 -12.6% -33.4% 47.8% 84.16%
2021 4.1% -8.4% 12.4% 70.50%
2020 4.7% -9.6% 325.6% 63.98%
2019 13.3% -3.8% 19.4% 58.02%

NAV & Total Return History


PHYLX - Holdings

Concentration Analysis

PHYLX Category Low Category High PHYLX % Rank
Net Assets 906 M 1.45 M 23.6 B 39.02%
Number of Holdings 630 2 2888 22.86%
Net Assets in Top 10 99.2 M -492 M 5.26 B 45.24%
Weighting of Top 10 10.96% 4.2% 164.1% 73.17%

Top 10 Holdings

  1. SHORT TERM INV FUND 4.87%
  2. CURRENCY FORWARDS 1.04%
  3. CORPORATE BONDS 0.77%
  4. CURRENCY FORWARDS 0.70%
  5. PERPETUAL BONDS 0.70%
  6. CORPORATE BONDS 0.68%
  7. CORPORATE BONDS 0.66%
  8. CORP. NOTE 0.53%
  9. CORP. NOTE 0.52%
  10. CORP. NOTE 0.49%

Asset Allocation

Weighting Return Low Return High PHYLX % Rank
Bonds
92.88% -0.88% 154.38% 72.83%
Cash
4.87% -52.00% 48.07% 34.92%
Convertible Bonds
3.39% 0.00% 17.89% 9.68%
Other
2.43% -63.70% 100.29% 9.05%
Preferred Stocks
0.61% 0.00% 7.88% 16.67%
Stocks
0.46% 0.00% 99.58% 47.08%

Stock Sector Breakdown

Weighting Return Low Return High PHYLX % Rank
Energy
52.38% 0.00% 100.00% 39.60%
Communication Services
19.77% 0.00% 99.99% 23.36%
Utilities
12.38% 0.00% 100.00% 9.40%
Financial Services
9.34% 0.00% 100.00% 16.81%
Consumer Cyclical
6.13% 0.00% 100.00% 23.65%
Technology
0.00% 0.00% 33.17% 87.46%
Real Estate
0.00% 0.00% 86.71% 84.05%
Industrials
0.00% 0.00% 93.12% 86.61%
Healthcare
0.00% 0.00% 22.17% 83.19%
Consumer Defense
0.00% 0.00% 100.00% 83.76%
Basic Materials
0.00% 0.00% 100.00% 83.76%

Stock Geographic Breakdown

Weighting Return Low Return High PHYLX % Rank
US
0.46% 0.00% 99.58% 45.24%
Non US
0.00% -0.01% 0.83% 82.06%

Bond Sector Breakdown

Weighting Return Low Return High PHYLX % Rank
Corporate
94.03% 0.00% 100.00% 55.01%
Cash & Equivalents
4.87% 0.00% 48.07% 33.02%
Derivative
2.43% -14.70% 42.26% 4.44%
Government
0.06% 0.00% 99.07% 29.73%
Securitized
0.00% 0.00% 97.24% 89.98%
Municipal
0.00% 0.00% 1.17% 81.56%

Bond Geographic Breakdown

Weighting Return Low Return High PHYLX % Rank
US
90.52% -0.88% 129.21% 72.22%
Non US
2.36% 0.00% 98.19% 26.19%

PHYLX - Expenses

Operational Fees

PHYLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.80% 0.02% 38.33% 12.20%
Management Fee 0.56% 0.00% 1.84% 55.22%
12b-1 Fee 1.00% 0.00% 1.00% 96.78%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PHYLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 85.19%

Trading Fees

PHYLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 94.90%

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.

PHYLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 1.00% 255.00% 25.95%

PHYLX - Distributions

Dividend Yield Analysis

PHYLX Category Low Category High PHYLX % Rank
Dividend Yield 5.22% 0.00% 11.76% 74.92%

Dividend Distribution Analysis

PHYLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

PHYLX Category Low Category High PHYLX % Rank
Net Income Ratio 3.48% -2.39% 14.30% 84.33%

Capital Gain Distribution Analysis

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

Distributions History

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PHYLX - Fund Manager Analysis

Managers

Norman Boucher


Start Date

Tenure

Tenure Rank

Nov 30, 2005

16.51

16.5%

Norman is responsible for managing the cyclical part of Putnam’s high-yield portfolios. He joined Putnam as an Analyst covering the automotive, aerospace, and technology sectors. He served as a Portfolio Manager on the U.S. High Yield group before moving to Putnam’s London office to manage European high-yield portfolios. He rejoined the U.S. High Yield team in 2005. Norman joined Putnam in 1998 and has been in the investment industry since 1985.

Robert Salvin


Start Date

Tenure

Tenure Rank

Nov 30, 2005

16.51

16.5%

Mr. Salvin is a Portfolio Manager of Putnam's global credit strategies. He is responsible for managing convertible securities, U.S. high-yield, global high-yield, and floating rate loan strategies. Mr. Salvin joined Putnam in 2000 and has been in the investment industry since 1986. Prior to joining Putnam, Mr. Salvin was a Managing Director at BancBoston Robertson Stephens from 1997 to 1999, a Director at SBC Warburg Inc. from 1996 to 1997, an Associate at Chase Securities from 1993 to 1996, and an Analyst at Broadview Associates from 1986 to 1991.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.17 8.17