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Morningstar

Putnam Core Bond Fund B PTRBX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 7.90  /  0.38 %
  • Total Assets 327.6 Mil
  • Adj. Expense Ratio
    0.910%
  • Expense Ratio 0.910%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 6.31%
  • Effective Duration 6.07 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PTRBX

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

People Pillar

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

Putnam Core Bond Fund B's Average Process and People 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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PTRBX

More PTRBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 480
  • Other Holdings 4
  • % Assets in Top 10 Holdings 36.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 5%

7.02
22,301,913
Securitized

United States Treasury Bonds 3%

4.75
15,081,992
Government

United States Treasury Notes 1.125%

4.01
12,733,770
Government

United States Treasury Bonds 2.75%

3.71
11,784,375
Government

United States Treasury Notes 1.625%

3.51
11,152,432
Government

United States Treasury Notes 1.625%

3.26
10,357,375
Government

United States Treasury Notes 1.625%

3.12
9,918,703
Government

United States Treasury Notes 4.125%

2.36
7,496,484
Government

United States Treasury Notes 2.75%

2.26
7,180,938
Government

United States Treasury Bonds 3%

2.25
7,152,319
Government