UK markets closed

Putnam Fixed Income Absolute Return R6 (PTREX)

Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
8.05+0.01 (+0.12%)
At close: 06:25PM EDT

Putnam Fixed Income Absolute Return R6

Boston MA 02109

One Post Office Square

Putnam Funds Trust

Management information
,Lead manager since 27 February 2023
Mr. Mahanti is a Portfolio Manager in the Fixed Income group. He specializes in agency residential mortgagebacked and asset-backed securities within the Structured Credit team, and is a portfolio manager for Putnam’s stable value strategy. Mr. Mahanti is responsible for constructing portfolios, providing fiduciary oversight, and communicating investment team decisions on policy, strategy, and tactics to fixed income clients. He joined Putnam in 2012 and has been in the investment industry since 2000. Previously at Putnam, Mr. Mahanti was an Analyst in the Fixed Income group. Prior to joining Putnam, he served as a Vice President, Quantitative Analyst, at Wellington Management from 2010 to 2012; a Senior Consultant, Quantitative Analyst, Credit Research, at TD Bank in 2010; a Co-Founder of Orissagroup from 2007 to 2008; a Vice President, Fixed Income Quantitative Research, at State Street Global Markets from 2003 to 2007; and a CoFounder of SKG Inc. from 2000 to 2003.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryIntermediate Core Bond
Fund familyFranklin Templeton Investments
Net assets436.67M
YTD return-2.74%
Yield4.85%
Morningstar rating★★★★★
Inception date1 Jul 2012

Fund operations

Last dividend0.12
Last cap gain-62.00
Holdings turnover967.00%
Average for categoryN/A

Fees and expenses

ExpensePTREXCategory average
Annual report expense ratio (net)0.39%0.61%
Prospectus net expense ratio0.39%N/A
Prospectus gross expense ratio0.39%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.78%
Max deferred sales loadN/A1.18%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A