Putnam Floating Rate Income’s expanded resources improve the team’s depth, but its conventional approach and mixed execution limit the strategy’s appeal among bank-loan peers.
Putnam Floating Rate Income Fund Class Y PFRYX
- NAV / 1-Day Return 7.66 / 0.00
- Total Assets 276.1M
-
Adj. Expense Ratio
0.750%
- Expense Ratio 0.730%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 500
- Status Open
- TTM Yield 7.07%
- Effective Duration 0.12 years
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PFRYX
Will PFRYX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PFRYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PFRYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Cash And Equivalents | 3.11 | 9M | Cash and Equivalents |
Bausch & Lomb Tl S+375 07.5001 01/15/2031 | 1.12 | 3M | Corporate |
Kenan Advantage Tlb4 S+325 08.5937 01/25/2029 | 1.06 | 3M | Corporate |
Ifs Tlb5 S+300 07.1585 08/04/2031 | 1.04 | 3M | Corporate |
Venture Global Calcasieu S+325 06.9107 04/04/2033 | 1.03 | 3M | Corporate |
GREAT OUTDOORS TLB S+325 07.5521 01/16/2032 | 1.03 | 3M | Corporate |
Chamberlain Group S+275 06.6657 07/22/2032 | 1.03 | 3M | Corporate |
AMERICAN AIRLINES S+225 06.58249 05/29/2029 | 1.01 | 3M | Corporate |
Ufc Holdings Tlb S+200 06.0699 11/21/2031 | 0.98 | 3M | Corporate |
BROOKS AUTO 2L S+C+560 6.1000 11/17/2029 | 0.97 | 3M | Corporate |
United States