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Morningstar

Putnam High Yield Y PHAYX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 5.75  /  +0.17 %
  • Total Assets 913.0 Mil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 5.69%
  • Effective Duration 3.21 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PHAYX

Will PHAYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHAYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHAYX 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 PHAYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An incline in its Process Pillar rating is the primary driver of Putnam High Yield Y's upgrade to a Morningstar Medalist Rating of Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PHAYX

More PHAYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

7.12 64.4 Mil
Cash and Equivalents

Occidental Petroleum Corporation 6.2%

0.76 6.9 Mil
Corporate

Endeavor Energy Resources LP and EER Finance Inc. 5.75%

0.68 6.2 Mil
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.67 6.1 Mil
Corporate

Jefferson Capital Holdings LLC 9.5%

0.57 5.1 Mil
Corporate

Imola Merger Corp. 4.75%

0.54 4.9 Mil
Corporate

Tibco Software Inc 6.5%

0.54 4.9 Mil
Corporate

Tenet Healthcare Corporation 6.125%

0.52 4.7 Mil
Corporate

Kedrion S.p.A. 6.5%

0.52 4.7 Mil
Corporate

Watco Companies, L.L.C. / Watco Finance Corp. 6.5%

0.50 4.5 Mil
Corporate