Putman Absolute is trading at 8.31 as of the 5th of December 2024; that is 0.36% increase since the beginning of the trading day. The fund's open price was 8.28. Putman Absolute has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Putman Absolute Return are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of September 2024 and ending today, the 5th of December 2024. Click here to learn more.
The fund invests mainly in a diversified portfolio of investment-grade fixed-income securities. It invests mainly in bonds of governments and private companies that are investment-grade in quality with intermediate- to long-term maturities . The fund may invest in below-investment-grade investments. More on Putman Absolute Return
Putman Absolute Return [PTRKX] is traded in USA and was established 5th of December 2024. Putman Absolute is listed under Putnam category by Fama And French industry classification. The fund is listed under Intermediate Core Bond category and is part of Putnam family. This fund at this time has accumulated 552.5 M in assets with no minimum investment requirementsPutman Absolute Return is currently producing year-to-date (YTD) return of 3.34% with the current yeild of 0.01%, while the total return for the last 3 years was 2.22%.
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Other Information on Investing in Putman Mutual Fund
Putman Absolute financial ratios help investors to determine whether Putman 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 Putman with respect to the benefits of owning Putman Absolute security.