We have qualitatively reviewed this strategy and reaffirmed its Above Average Process and People ratings. Longtime lead manager Joanne Driscoll’s focus on providing a more conservative approach to short-term bond markets should continue to serve investors well. The following text is from Feb. 22, 2023.
Putnam Ultra Short Duration Income R6 PSDQX
- NAV / 1-Day Return 10.14 / −0.06 %
- Total Assets 9.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.290%
- Distribution Fee Level Average
- Share Class Type Retirement, Large
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 0
- Status Open
- TTM Yield 5.29%
- Effective Duration 0.53 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis PSDQX
Will PSDQX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
AutoNation, Inc. 0% | 1.02 | 96.9 Mil | Cash and Equivalents |
TARGA RES CORP 0% | 0.86 | 82.1 Mil | Cash and Equivalents |
AVIATION CAP GROUP LLC 0% | 0.77 | 73.7 Mil | Cash and Equivalents |
Banque Federative du Credit Mutuel 5.78251% | 0.74 | 70.4 Mil | Corporate |
AES Corp. 0% | 0.71 | 67.4 Mil | Cash and Equivalents |
Cooperatieve Rabobank U.A. New York Branch 5.75352% | 0.67 | 63.6 Mil | Corporate |
National Australia Bank Ltd. 5.74559% | 0.67 | 63.3 Mil | Corporate |
HSBC USA, Inc. 5.625% | 0.61 | 57.8 Mil | Corporate |
Capital One Multi Asset Execution Trust 6.03137% | 0.61 | 57.7 Mil | Securitized |
Hyatt Hotels Corporation 1.8% | 0.60 | 57.5 Mil | Cash and Equivalents |