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Putnam High Yield Fund Class Y: (MF: PHAYX)
(NASDAQ Mutual Funds) As of May 3, 2024 08:00 PM ET
$5.66 USD
+0.03 (0.53%)
Zacks MF Rank
4-Sell of 5 4
Fund Description
The fund was incepted in March 1986 and is managed by Putnam Management. The fund seeks high current income. Capital growth is a secondary goal when consistent with achieving high current income. The fund mainly invests in bonds that are obligations of U.S. companies, are below investment-grade in quality (junk bonds) and have intermediate to long-term maturities (three years or longer). Under normal circumstances, the fund invests at least 80% of its net assets in securities rated below investment grade. The fund distributes dividends monthly. Capital gains are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Putnam High Yield Y | PHAYX | NA | NA | 0.00 | 0.00 | 0.56 | 0.80 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Putnam High Yield Advantage A | PHYIX | 5.29 | 3/25/1986 | 1.35 | 10.36 | 1.50 | 3.43 |
| Putnam High Yield Advantage B | PHYBX | 5.11 | 3/25/1986 | 1.19 | 9.47 | 0.72 | 2.64 |
| Putnam High Yield Advantage M | PHYMX | 5.26 | 6/13/1995 | 1.32 | 9.96 | 1.23 | 3.15 |
| Putnam High Yield Advantage Y | PHAYX | 5.66 | 4/19/2007 | 1.31 | 10.48 | 1.74 | 3.68 |
| Putnam High Yield Advantage R | PFJAX | 5.25 | 1/20/2009 | 1.28 | 9.95 | 1.28 | 3.18 |
| Putnam High Yield Advantage C | PHYLX | 5.07 | 1/25/2011 | 1.24 | 9.58 | 0.77 | 2.68 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Putnam High Yield Y | PHAYX | 0 | 0 | 0 | M |
Contact Information
| Family | Putnam Funds |
| Address | One Post Office Square Canton, MA 02109 |
| Phone | 800 225-1581 |