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Putnam Short Duration Income A (PSDTX)

10.06 0.00(0.00%) Jul 25

Profile as of Jun 29, 2014Get Profile for:
Putnam Short Duration Income A
One PostOne Post Office SquareBoston MA 02109
Map
Phone: 800-225-1581
Fund Overview 
Category:Ultrashort Bond
Fund Family:Putnam
Net Assets:2.04B
Year-to-Date Return:0.43%
Yield:0.48%
Morningstar Rating:N/A
Fund Inception Date:Oct 17, 2011
Morningstar Style Box 
Ultrashort Bond
[View Category Definition]
View Top Ultrashort Bond Funds
About the Morningstar Style Box

Style box information not available for PSDTX.

Management Information 
Michael V. Salm
Lead Manager since Oct 17, 2011
Mr. Salm is Co-Head of Fixed Income at Putnam. He is also a Portfolio Manager of Putnam Absolute Return 100 Fund, Putnam Absolute Return 300 Fund, Putnam American Government Income Fund, Putnam Diversified Income Trust, Putnam Global Income Trust, Putnam Income Fund, Putnam Master Intermediate Income Trust, Putnam Premier Income Trust, Putnam Short Duration Income Fund, and Putnam U.S. Government Income Trust. Mr. Salm specializes in mortgage derivatives, interest-rate derivatives, and government securities. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989
Investment Information 
Min Initial Investment:0
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
PSDTX can be purchased from 35 brokerages.

Fund Summary 
The investment seeks as high a rate of current income as the advisor believes is consistent with preservation of capital and maintenance of liquidity. The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment grade money market and other fixed income securities. Its investments may include obligations of the U.S. government, its agencies and instrumentalities. Under normal circumstances, the effective duration of the fund's portfolio will generally not be greater than one year.

Fund Operations 
Last Dividend (Jun 29, 2014) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (Jul 23, 2014) : 24.00%
Average for Category:98.91%
Fees & Expenses 
ExpensePSDTXCategory Avg
Annual Report Expense Ratio (net):0.40%0.58%
Prospectus Net Expense Ratio:0.40%N/A
Prospectus Gross Expense Ratio:0.54%N/A
Max 12b1 Fee:0.10%N/A
Max Front End Sales Load:N/A1.96%
Max Deferred Sales Load: N/A2.19%
3 Yr Expense Projection*:159393
5 Yr Expense Projection*:288679
10 Yr Expense Projection*:6641,478
* Per $10,000 invested