Skip to Content

Putnam Short Duration Bond R PRARX

Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 9.73  /  0.32 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.870%
  • Expense Ratio 0.870%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment
  • Status Open
  • TTM Yield 2.94%
  • Effective Duration 1.78 years

Morningstar’s Analysis PRARX

Will PRARX outperform in future?

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

Putnam Short Duration Bond R'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 second-highest quintile among peers.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PRARX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 390
  • Other Holdings 62
  • % Assets in Top 10 Holdings 10.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Cash

2.74
33,567,706
Cash and Equivalents

Bank of America Corporation 4.45%

2.50
30,653,093
Corporate

Banco Santander, S.A. 1.722%

1.39
16,988,938
Corporate

Bank of America Corporation 4.2%

1.17
14,329,731
Corporate

General Motors Financial Company Inc 1.5%

1.08
13,241,476
Corporate

Goldman Sachs Group, Inc. 1.948%

1.07
13,155,233
Corporate

Credit Suisse AG New York Branch 1.25%

1.01
12,377,154
Corporate

VMware Inc 1.4%

1.01
12,322,494
Corporate

Athene Global Funding 1.73%

0.85
10,465,558
Corporate

Morgan Stanley 3.875%

0.85
10,396,762
Corporate