Putnam Floating Rate Income A (PFLRX)
* As of 31-Oct-13
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for PFLRX at this time.
|Symbol||% Assets||YTD Return %|
|Clear Channel Tld L+675 06.9290 01/31/2019||1.08||N/A|
|Univision Comm Tlc1 L+350 04.7500 02/06/2020||1.02||N/A|
|First Data Corp Ext L+400 04.1795 03/24/2018||1.02||N/A|
|Hilton Worldwide Tlb L+300 04.0000 09/23/2020||1.00||N/A|
|Hj Heinz Tlb2 L+250 03.5000 03/27/2020||0.98||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.03%|
Performance & Risk
|5y Avg Return:||9.77%|
|Rank in Category (ytd):||44|
|% Rank in Category (ytd):||20.47%|
|Morningstar Risk Rating:||3|
The investment seeks high current income, while preservation of capital is a secondary goal.
The fund invests mainly in corporate loans and debt securities that have floating rates of interest and other corporate debt securities. It invests mainly in obligations of U.S. issuers that are below-investment-grade in quality (having credit characteristics similar to "junk bonds"). The adviser may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments. View More