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Morningstar

Putnam High Yield C PHYLX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 4.96  /  0.20 %
  • Total Assets 891.6 Mil
  • Adj. Expense Ratio
    1.790%
  • Expense Ratio 1.790%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.63%
  • Effective Duration 3.72 years

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:24 PM GMT+0

Morningstar’s Analysis PHYLX

Will PHYLX 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 PHYLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Putnam High Yield C's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PHYLX

More PHYLX Holdings
  • Current Portfolio Date
  • Equity Holdings 9
  • Bond Holdings 512
  • Other Holdings 112
  • % Assets in Top 10 Holdings 5.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

5.45
45,585,777
Cash and Equivalents

Occidental Petroleum Corporation 6.2%

0.76
6,345,757
Corporate

Endeavor Energy Resources LP and EER Finance Inc. 5.75%

0.70
5,851,669
Corporate

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

0.69
5,774,460
Corporate

Energy Transfer LP 6.625%

0.63
5,268,450
Corporate

Imola Merger Corp. 4.75%

0.54
4,556,863
Corporate

Tibco Software Inc 6.5%

0.53
4,435,392
Corporate

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

0.51
4,239,346
Corporate

Mozart Debt Merger Subordinated Inc. 3.875%

0.50
4,154,279
Corporate

Great Lakes Dredge & Dock Corporation 5.25%

0.48
3,992,670
Corporate