Putnam Floating Rate Income C
One Post Office Square Boston, MA 02109
Map
Phone: 800-225-1581
| Category: | Bank Loan | | Fund Family: | Putnam | | Net Assets: | 57.12M | | Year-to-Date Return: | 37.32% | | Yield: | 3.38% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Sep-04 |
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Paul D. Scanlon
Lead Manager since
23-Mar-05 | | | Scanlon is a managing director and portfolio manager with Putnam Investments, his employer since 1999. He specializes in dealing with high-yield corporate bonds. Previously, he was a senior vice president for Olympus Health Care Group from 1997 to 1999. Prior to that, Scanlon worked as a senior analyst at Fidelity Investments. |
| 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 investment seeks high current income. Preservation of capital is a secondary goal. The fund invests mainly in corporate loans and other corporate debt securities which have floating rates of interest, are obligations of U.S. issuers and are below investment-grade in quality. It normally invests at least 80% of the net assets in income-producing floating rate loans and other floating rate debt securities. |
| Last Dividend
(30-Sep-09):
| 0.02 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| 46.35% | | Average for Category:
| 43.55% |
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| Expense | PFICX | Category
Avg | | Total Expense Ratio: | 1.83%
| 1.38% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | %
| 3.13% | | Max Deferred Sales Load: | 1.00%
| 2.14% | | 3 Yr Expense Projection*: |
$ 592 | $612 | | 5 Yr Expense Projection*: |
$ 1,024 | $974 | | 10 Yr Expense Projection*: |
$ 2,226 | $1,979 |
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0.17% Nasdaq 0.00%
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