Putnam Floating Rate Income is heading in the right direction, but the team still needs to reach industry standards.
Putnam Floating Rate Income A PFLRX
- NAV / 1-Day Return 7.97 / +0.06 %
- Total Assets 375.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.040%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 500
- Status Open
- TTM Yield 8.22%
- Effective Duration 0.10 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis PFLRX
Will PFLRX 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 8.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Net Cash | 9.50 | 36.3 Mil | Cash and Equivalents |
CLOUD SOFTWARE GROUP S+400 09.3346 03/29/2029 | 1.01 | 3.9 Mil | Corporate |
NIELSEN TLB S+C+500 09.0190 04/11/2029 | 0.83 | 3.2 Mil | Corporate |
Garda World Sec Tlb S+350 08.8317 02/01/2029 | 0.81 | 3.1 Mil | Corporate |
MITER BRANDS TLB2 S+350 08.8294 03/20/2031 | 0.79 | 3.0 Mil | Corporate |
MCAFEE CORP TLB S+325 08.5749 03/01/2029 | 0.78 | 3.0 Mil | Corporate |
IGT HOLDING IFS S+365 08.95989 03/31/2028 | 0.78 | 3.0 Mil | Corporate |
PRO MACH GROUP TLB S+350 08.7467 08/13/2028 | 0.77 | 3.0 Mil | Corporate |
SCIENTIFIC GAMES TLB S+300 08.3276 04/04/2029 | 0.77 | 2.9 Mil | Corporate |
FERTITTA ENTERTAINMENT TLB S+375 9.07632 1/27/2029 | 0.77 | 2.9 Mil | Corporate |