Putnam Tax Free Income Trust - Putnam Tax-Free High Yield Fund Class R6
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$11.59
$737 M
3.94%
$0.46
-
Vitals
YTD Return
2.1%
1 yr return
7.3%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
1.7%
Net Assets
$737 M
Holdings in Top 10
12.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$11.59
$737 M
3.94%
$0.46
-
PTFRX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.34%
- Dividend Yield 3.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePutnam Tax Free Income Trust - Putnam Tax-Free High Yield Fund Class R6
-
Fund Family NamePutnam
-
Inception DateMay 21, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Drury
Fund Description
PTFRX - Performance
Return Ranking - Trailing
Period | PTFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -2.5% | 4.4% | 5.83% |
1 Yr | 7.3% | -2.0% | 10.2% | 14.08% |
3 Yr | -0.6%* | -8.7% | 2.4% | 31.34% |
5 Yr | 1.7%* | -4.5% | 526.2% | 26.56% |
10 Yr | N/A* | 0.3% | 156.1% | 68.75% |
* Annualized
Return Ranking - Calendar
Period | PTFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.9% | -1.5% | 7.5% | 16.50% |
2022 | -15.7% | -26.9% | -3.5% | 26.60% |
2021 | 0.5% | -1.9% | 5.6% | 88.00% |
2020 | 0.9% | -10.1% | 4.2% | 36.36% |
2019 | 4.6% | 2.0% | 9.1% | 70.31% |
Total Return Ranking - Trailing
Period | PTFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -2.5% | 4.4% | 5.83% |
1 Yr | 7.3% | -2.0% | 10.2% | 14.08% |
3 Yr | -0.6%* | -8.7% | 2.4% | 31.34% |
5 Yr | 1.7%* | -4.5% | 526.2% | 26.56% |
10 Yr | N/A* | 0.3% | 156.1% | 64.38% |
* Annualized
Total Return Ranking - Calendar
Period | PTFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | 0.4% | 10.9% | 18.45% |
2022 | -12.5% | -26.9% | -2.9% | 27.59% |
2021 | 3.7% | -1.9% | 10.0% | 82.50% |
2020 | 3.7% | -4.1% | 8.2% | 45.45% |
2019 | 9.1% | 3.5% | 1028633.9% | 41.67% |
NAV & Total Return History
PTFRX - Holdings
Concentration Analysis
PTFRX | Category Low | Category High | PTFRX % Rank | |
---|---|---|---|---|
Net Assets | 737 M | 9.07 K | 15.9 B | 50.24% |
Number of Holdings | 433 | 1 | 3033 | 46.60% |
Net Assets in Top 10 | 77.1 M | -102 M | 3.44 B | 62.14% |
Weighting of Top 10 | 12.45% | 5.0% | 100.7% | 60.49% |
Top 10 Holdings
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
- 5 Year Treasury Note Future June 21 5.63%
Asset Allocation
Weighting | Return Low | Return High | PTFRX % Rank | |
---|---|---|---|---|
Bonds | 99.02% | 0.00% | 146.69% | 42.58% |
Cash | 0.97% | -0.64% | 100.00% | 54.85% |
Stocks | 0.00% | 0.00% | 99.38% | 84.69% |
Preferred Stocks | 0.00% | -47.61% | 1.89% | 72.82% |
Other | 0.00% | -12.04% | 8.29% | 69.42% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 73.79% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PTFRX % Rank | |
---|---|---|---|---|
Municipal | 98.95% | 0.00% | 100.00% | 41.26% |
Cash & Equivalents | 0.96% | 0.00% | 100.00% | 25.24% |
Government | 0.09% | 0.00% | 0.09% | 1.46% |
Derivative | 0.00% | -12.35% | 1.08% | 67.48% |
Securitized | 0.00% | 0.00% | 22.44% | 74.27% |
Corporate | 0.00% | 0.00% | 2.83% | 88.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PTFRX % Rank | |
---|---|---|---|---|
US | 97.04% | 0.00% | 139.84% | 66.50% |
Non US | 1.98% | 0.00% | 13.35% | 9.71% |
PTFRX - Expenses
Operational Fees
PTFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.21% | 3.44% | 82.03% |
Management Fee | 0.46% | 0.00% | 1.41% | 35.41% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
PTFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PTFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
PTFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 2.00% | 121.00% | 68.23% |
PTFRX - Distributions
Dividend Yield Analysis
PTFRX | Category Low | Category High | PTFRX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.94% | 0.00% | 6.58% | 50.24% |
Dividend Distribution Analysis
PTFRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PTFRX | Category Low | Category High | PTFRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.34% | 1.11% | 5.70% | 39.71% |
Capital Gain Distribution Analysis
PTFRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.038 | DailyAccrualFund |
Jan 31, 2024 | $0.039 | DailyAccrualFund |
Dec 29, 2023 | $0.039 | DailyAccrualFund |
Nov 30, 2023 | $0.038 | DailyAccrualFund |
Oct 31, 2023 | $0.037 | DailyAccrualFund |
Sep 29, 2023 | $0.039 | DailyAccrualFund |
Aug 31, 2023 | $0.037 | DailyAccrualFund |
Jul 31, 2023 | $0.036 | DailyAccrualFund |
Jun 30, 2023 | $0.040 | DailyAccrualFund |
May 31, 2023 | $0.037 | DailyAccrualFund |
Apr 28, 2023 | $0.034 | DailyAccrualFund |
Mar 31, 2023 | $0.039 | DailyAccrualFund |
Feb 28, 2023 | $0.037 | DailyAccrualFund |
Jan 31, 2023 | $0.037 | DailyAccrualFund |
Dec 30, 2022 | $0.039 | DailyAccrualFund |
Nov 30, 2022 | $0.036 | DailyAccrualFund |
Oct 31, 2022 | $0.034 | DailyAccrualFund |
Sep 30, 2022 | $0.036 | DailyAccrualFund |
Aug 31, 2022 | $0.034 | DailyAccrualFund |
Jul 29, 2022 | $0.035 | DailyAccrualFund |
Jun 30, 2022 | $0.036 | DailyAccrualFund |
May 31, 2022 | $0.036 | DailyAccrualFund |
Apr 29, 2022 | $0.036 | DailyAccrualFund |
Mar 31, 2022 | $0.034 | DailyAccrualFund |
Feb 28, 2022 | $0.025 | DailyAccrualFund |
Jan 31, 2022 | $0.032 | DailyAccrualFund |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.033 | DailyAccrualFund |
Oct 29, 2021 | $0.034 | DailyAccrualFund |
Sep 30, 2021 | $0.009 | DailyAccrualFund |
Aug 31, 2021 | $0.033 | DailyAccrualFund |
Jul 30, 2021 | $0.036 | DailyAccrualFund |
Jun 30, 2021 | $0.035 | DailyAccrualFund |
May 28, 2021 | $0.034 | DailyAccrualFund |
Apr 30, 2021 | $0.038 | DailyAccrualFund |
Mar 31, 2021 | $0.037 | DailyAccrualFund |
Feb 26, 2021 | $0.035 | DailyAccrualFund |
Jan 29, 2021 | $0.037 | DailyAccrualFund |
Dec 31, 2020 | $0.007 | DailyAccrualFund |
Nov 30, 2020 | $0.036 | DailyAccrualFund |
Oct 30, 2020 | $0.039 | DailyAccrualFund |
Sep 30, 2020 | $0.036 | DailyAccrualFund |
Aug 31, 2020 | $0.035 | DailyAccrualFund |
Jul 31, 2020 | $0.039 | DailyAccrualFund |
Jun 30, 2020 | $0.036 | DailyAccrualFund |
May 29, 2020 | $0.036 | DailyAccrualFund |
Apr 30, 2020 | $0.039 | DailyAccrualFund |
Mar 31, 2020 | $0.038 | DailyAccrualFund |
Feb 28, 2020 | $0.035 | DailyAccrualFund |
Jan 31, 2020 | $0.039 | DailyAccrualFund |
Nov 29, 2019 | $0.039 | DailyAccrualFund |
Oct 31, 2019 | $0.039 | DailyAccrualFund |
Sep 30, 2019 | $0.037 | DailyAccrualFund |
Aug 30, 2019 | $0.041 | DailyAccrualFund |
Jul 31, 2019 | $0.039 | DailyAccrualFund |
Apr 30, 2019 | $0.040 | OrdinaryDividend |
Mar 29, 2019 | $0.040 | OrdinaryDividend |
Feb 28, 2019 | $0.040 | OrdinaryDividend |
Jan 31, 2019 | $0.038 | OrdinaryDividend |
Dec 31, 2018 | $0.037 | OrdinaryDividend |
Nov 30, 2018 | $0.044 | OrdinaryDividend |
Oct 31, 2018 | $0.040 | OrdinaryDividend |
Aug 31, 2018 | $0.044 | OrdinaryDividend |
Jul 31, 2018 | $0.039 | OrdinaryDividend |
Jun 29, 2018 | $0.043 | OrdinaryDividend |
PTFRX - Fund Manager Analysis
Managers
Paul Drury
Start Date
Tenure
Tenure Rank
Jun 01, 2002
20.01
20.0%
Paul M. Drury is a Portfolio Manager in the Tax Exempt Fixed Income group. In this role, he is responsible for managing several sectors within the municipal market. He is also a Portfolio Manager of Putnam’s taxexempt funds. Mr. Drury, a CFA charterholder, has been in the investment industry since he joined Putnam in 1989.
Garrett Hamilton
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Mr. Hamilton has been employed by Putnam since 2016 as a Portfolio Manager. Prior to joining Putnam, Mr. Hamilton was a Portfolio Manager at BNY Mellon from 2010 to 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 21.43 | 7.46 | 2.52 |