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Putnam High Yield M

PHIMX
=
7.64
0.00
0.00%
8/29/2016
5 Years
  • Previous Close

    7.64

  • Net Assets

    13.64M

  • Yield

    5.19%

  • Front load

    3.25

  • Expenses

    1.25%

  • Category

    High-Yield Bond

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

Putnam

Fund Style

Open

Fund Manager

Paul Scanlon

Investment Style

Medium Blend

The investment seeks high current income; capital growth is a secondary goal when consistent with achieving high current income. The fund invests mainly in bonds that are obligations of U.S. companies, are below-investment-grade in quality (sometimes referred to as "junk bonds"), and have intermediate- to long-term maturities (three years or longer). The manager may also invest in other debt instruments, including loans. The manager 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.

Purchase Information

Initial Purchase 0
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

7/3/1995

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