Morningstar

Putnam Ultra Short Duration Income Fund Class A PSDTX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.10  /  −0.10 %
  • Total Assets 12.8B
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.410%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.27%
  • Effective Duration 0.51 years

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PSDTX

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

  • People Pillar

    The People Pillar is our evaluation of the PSDTX 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 PSDTX’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 A 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.

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Portfolio Holdings PSDTX

More PSDTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash And Equivalents

4.08 73M
Cash and Equivalents

United States Treasury Notes 3.375%

0.97 17M
Government

WEC Energy Group Inc. 0%

0.62 11M
Cash and Equivalents

Bunge Ltd Finance Corp. 0%

0.53 10M
Cash and Equivalents

Boeing Co. 5.04%

0.52 9M
Corporate

Wells Fargo & Co. 5.0038%

0.47 9M
Corporate

GS MORTGAGE-BACKED SECURITIES 2025-NQM2 5.648%

0.47 8M
Securitized

O'Reilly Automotive Inc. 0%

0.47 8M
Cash and Equivalents

Volkswagen Group of America Finance LLC 4.9%

0.47 8M
Cash and Equivalents

Alimentation Couche-Tard Inc. 0%

0.44 8M
Cash and Equivalents

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