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Morningstar

Putnam Fixed Income Absolute Return R PTRKX

Morningstar Analyst Rating
Quantitative rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 8.33  /  0.00
  • Total Assets 358.3 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 1.020%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.72%
  • Effective Duration 1.13 years

USD | NAV as of Feb 08, 2023 | 1-Day Return as of Feb 08, 2023, 11:14 PM GMT+00:00

Morningstar’s Analysis PTRKX

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

People Pillar

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

Summary

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Putnam Fixed Income Absolute Return R's Average People Pillar and Process Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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