Putnam Absolute Return 100 M One Post One Post Office Square Boston MA 02109 Map
Phone: 800-225-1581
| Category: | Multisector Bond | | Fund Family: | Putnam | | Net Assets: | 310.00K | | Year-to-Date Return: | 2.60% | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 24-Dec-08 |
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Carl Bell
Lead Manager since
24-Dec-08 | | | Bell is a portfolio manager with Putnam Management, since 1998, he has been employed by Putnam Management, currently as the Team Leader of the Structured Credit Team. Previously, as a member of Putnam's Mortgage/Asset Backed Securities Team, Bell was responsible for commercial mortgage-backed securities and non real estate asset-backed securities. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $0 |
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| The fund seeks to earn a positive total return that exceeds the rate of inflation by a targeted amount over a reasonable period of time regardless of market conditions. This fund is designed to pursue consistent absolute returns with relatively low volatility and limited market risk through a broadly diversified portfolio reflecting uncorrelated fixed-income strategies designed to exploit market inefficiencies across global markets and fixed-income sectors, including Obligations of governments in developed and emerging markets, Credit product, and securities. |
| Last Dividend
(30-Dec-08):
| 0.00 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 135.37% |
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| Expense | PARZX | Category Avg | | Total Expense Ratio: | 1.40%
| 1.15% | | Max 12b1 Fee: | 0.40%
| N/A | | Max Front End Sales Load: | 2.00%
| 4.05% | | Max Deferred Sales Load: | %
| 2.54% | | 3 Yr Expense Projection*: |
$ 663 | $526 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $826 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,646 |
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