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 R6 Shares PFRZX
- NAV / 1-Day Return 7.67 / 0.00
- Total Assets 276.0M
-
Adj. Expense Ratio
0.690%
- Expense Ratio 0.670%
- Distribution Fee Level Average
- Share Class Type Retirement, Large
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 500
- Status Open
- TTM Yield 7.14%
- Effective Duration 0.12 years
USD | NAV as of Jun 16, 2026 | 1-Day Return as of Jun 16, 2026, 9:53 PM GMT+0
Morningstar’s Analysis PFRZX
Will PFRZX 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 PFRZX 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 PFRZX’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 |
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GREAT OUTDOORS TLB S+325 07.5521 01/16/2032 | 1.03 | 3M | Corporate |
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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