Putnam Short Duration Bond R's Average People Pillar and Process Pillar ratings aren't enough to prevent other weaknesses from sending this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
- NAV / 1-Day Return 9.66 / 0.29 %
- Total Assets 1.5 Bil
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Adj. Expense Ratio
- 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 0
- Status Open
- TTM Yield 1.80%
- Effective Duration 1.76 years
Morningstar’s Analysis PRARX
Will PRARX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.