Morningstar

Putnam Ultra Short Duration Income Fund Class R PSDRX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $10.06  /  0.00
  • Fund Size $12.5B
  • Adjusted Expense Ratio 0.820%
  • Net Expense Ratio 0.810%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Medium
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 3.75%
  • Average Effective Duration 0.57 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PSDRX

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

  • People Pillar

    The People Pillar is our evaluation of the PSDRX 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 PSDRX’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 R 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 PSDRX

More PSDRX 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%

1.15 164M
Government

United States Treasury Notes 3.375%

1.07 153M
Government

AutoNation, Inc. 0%

0.75 107M
Cash and Equivalents

Huntington Ingalls Industries, Inc. 0%

0.71 102M
Cash and Equivalents

Boeing Co. 5.04%

0.51 73M
Corporate

Citigroup Inc. 4.50801%

0.48 68M
Corporate

Caixabank S.A. 6.684%

0.47 67M
Corporate

BNP Paribas SA 3.5%

0.46 66M
Corporate

Caixabank S.A. 4.634%

0.46 65M
Corporate

The Bank of New York Mellon Corp. 4.2785%

0.44 63M
Corporate

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