Morningstar

Putnam Ultra Short Duration Income Fund Class C PSDLX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.09  /  −0.10 %
  • Total Assets 12.8B
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.820%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.87%
  • Effective Duration 0.51 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PSDLX

Will PSDLX outperform in the 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 PSDLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Putnam Ultra Short Duration Income C holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PSDLX

More PSDLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.75%

1.07 19M
Government

United States Treasury Notes 3.375%

1.01 18M
Government

AutoNation, Inc.

0.80 14M
Cash and Equivalents

HCA Inc. 0%

0.79 14M
Cash and Equivalents

Boeing Co. 5.04%

0.52 9M
Corporate

Wells Fargo & Co. 4.99681%

0.48 9M
Corporate

GS MORTGAGE-BACKED SECURITIES 2025-NQM2 5.648%

0.47 8M
Securitized

Volkswagen Group of America Finance LLC 4.9%

0.47 8M
Cash and Equivalents

Citigroup Inc. 4.76253%

0.44 8M
Corporate

Citigroup Inc. 4.49492%

0.44 8M
Corporate

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