- What does PRREX invest in?
- The fund maintains a broad and varied allocation across the fixed income market. Its holdings are permitted to include corporate debt, encompassing both highly-rated (investment-grade) and speculative-grade (below-investment-grade) issues, as well as bank loans and structured credit arrangements. The portfolio also seeks exposure to government bonds, originating from both established and growing global economies. Additionally, it may feature securitized products such as asset-backed securities, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized mortgage obligations.
- What is the expense ratio of PRREX?
- An expense ratio for Putnam Short Duration Bond R6 (PRREX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is PRREX's dividend yield?
- PRREX's trailing-twelve-month yield is 4.11%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PRREX?
- Effective duration measures PRREX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PRREX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PRREX?
- PRREX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of PRREX?
- Yield to maturity (YTM) is the total return you'd earn from PRREX if every bond in the portfolio is held to maturity at the current price. PRREX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
