Putnam High Yield Fund Quote
| PHAYX Fund | USD 5.87 0.01 0.17% |
Performance11 of 100
| Odds Of DistressLess than 19
|
Putnam High is trading at 5.87 as of the 14th of December 2024; that is 0.17% down since the beginning of the trading day. The fund's open price was 5.88. Putnam High has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 20th of November 2023 and ending today, the 14th of December 2024. Click here to learn more.
The fund invests mainly in bonds that are obligations of U.S. companies, are below investment-grade in quality, and have intermediate- to long-term maturities. Under normal circumstances, it invests at least 80 percent of its net assets in securities rated below-investment-grade. More on Putnam High Yield
Moving together with Putnam Mutual Fund
| 0.72 | PFICX | Putnam Floating Rate | PairCorr |
| 0.95 | PFJAX | Putnam High Yield | PairCorr |
| 0.73 | PFLRX | Putnam Floating Rate | PairCorr |
| 0.73 | PFLLX | Putnam Floating Rate | PairCorr |
Moving against Putnam Mutual Fund
Putnam Mutual Fund Highlights
| Fund Concentration | Putnam Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Putnam (View all Sectors) |
| Update Date | 31st of December 2024 |
Putnam High Yield [PHAYX] is traded in USA and was established 14th of December 2024. Putnam High is listed under Putnam category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Putnam family. This fund at this time has accumulated 1.42 B in assets with no minimum investment requirementsPutnam High Yield is currently producing year-to-date (YTD) return of 9.01% with the current yeild of 0.06%, while the total return for the last 3 years was 2.87%.
Check Putnam High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam High Yield Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Putnam High Top Holders
| CPCTX | Counterpoint Tactical Income | Mutual Fund | Nontraditional Bond | |
| CPITX | Counterpoint Tactical Income | Mutual Fund | Nontraditional Bond | |
| CPATX | Counterpoint Tactical Income | Mutual Fund | Nontraditional Bond | |
| THHYX | Toews Tactical Income | Mutual Fund | Nontraditional Bond | |
| TUIFX | Toews Unconstrained Income | Mutual Fund | Nontraditional Bond |
Putnam High Yield Risk Profiles
| Mean Deviation | 0.1023 | |||
| Standard Deviation | 0.1366 | |||
| Variance | 0.0187 | |||
| Downside Variance | 0.0411 |
Putnam High Against Markets
Other Information on Investing in Putnam Mutual Fund
Putnam High financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam High security.
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