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Trending ETFs

Putnam High Yield Fund

mutual fund
PHYIX
Dividend policy
No Change
Price as of:
$5.95 +0.01 +0%
primary theme
High Yield Bond
PHYIX (Mutual Fund)

Putnam High Yield Fund

Dividend policy
No Change
Price as of:
$5.95 +0.01 +0%
primary theme
High Yield Bond
PHYIX (Mutual Fund)
Putnam High Yield Fund
Dividend policy
No Change
Price as of:
$5.95 +0.01 +0%
primary theme
High Yield Bond

PHYIX - Snapshot

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return 5.6%
  • 5 Yr Annualized Return 6.8%
  • Net Assets $1.21 B
  • Holdings in Top 10 5.7%

52 WEEK LOW AND HIGH

$5.94
$5.21
$5.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.03%

SALES FEES

  • Front Load 4.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 46.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme High Yield Bond
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Compare PHYIX to Popular High Yield Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$5.94

0.00%

$28.44 B

4.49%

$0.27

blocked
blocked
blocked

-0.67%

0.23%

$7.83

+0.26%

$25.86 B

4.96%

$0.39

blocked
blocked
blocked

0.51%

0.59%

$5.55

+0.18%

$22.89 B

5.49%

$0.30

blocked
blocked
blocked

0.73%

0.79%

$10.38

+0.19%

$18.59 B

5.47%

$0.57

blocked
blocked
blocked

2.37%

0.73%

$11.25

+0.45%

$14.05 B

3.25%

$0.36

blocked
blocked
blocked

4.94%

0.67%

Compare PHYIX to Popular High Yield Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$87.48

+0.40%

$21.08 B

4.65%

$4.05

blocked
blocked
blocked

0.00%

0.49%

$109.22

+0.41%

$10.37 B

4.91%

$5.34

blocked
blocked
blocked

0.06%

0.40%

$40.14

+0.33%

$6.76 B

3.96%

$1.98

blocked
blocked
blocked

-20.02%

0.20%

$45.77

0.00%

$4.56 B

5.04%

$2.31

blocked
blocked
blocked

0.97%

0.30%

$32.17

+0.53%

$4.45 B

4.61%

$1.48

blocked
blocked
blocked

0.16%

0.43%

PHYIX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam High Yield Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Mar 25, 1986
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Scanlon

Fund Description

The fund invests mainly in bonds that are obligations of U.S. companies, are below investment-grade in quality, and have intermediate- to long-term maturities. Under normal circumstances, it invests at least 80% of its net assets in securities rated below-investment-grade. 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. The fund may also invest in other debt instruments, including loans.


PHYIX - Performance

Return Ranking - Trailing

Period PHYIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -20.1% 9.6% 52.58%
1 Yr 21.8% 0.0% 64.1% 55.59%
3 Yr 5.6%* -12.7% 10.4% 51.43%
5 Yr 6.8%* -6.1% 11.8% 48.87%
10 Yr 5.4%* 1.3% 9.3% 52.19%

* Annualized

Return Ranking - Calendar

Period PHYIX Return Category Return Low Category Return High Rank in Category (%)
2020 0.5% -46.8% 399.1% 39.13%
2019 8.5% -10.3% 226.1% 37.34%
2018 -8.4% -18.4% -0.4% 63.46%
2017 1.4% -9.5% 18.8% 41.81%
2016 8.9% -9.1% 28.6% 19.14%

Total Return Ranking - Trailing

Period PHYIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -20.1% 9.6% 52.04%
1 Yr 17.0% 0.0% 64.1% 82.02%
3 Yr 4.2%* -12.7% 10.4% 80.37%
5 Yr 6.0%* -6.1% 11.8% 73.22%
10 Yr 5.0%* 1.3% 9.3% 68.53%

* Annualized

Total Return Ranking - Calendar

Period PHYIX Return Category Return Low Category Return High Rank in Category (%)
2020 0.5% -46.8% 399.1% 39.13%
2019 8.5% -3.8% 23.9% 40.81%
2018 -8.4% -18.4% 1.3% 70.34%
2017 1.4% -8.5% 18.8% 56.52%
2016 8.9% -9.1% 39.0% 35.60%

NAV & Total Return History


PHYIX - Holdings

Concentration Analysis

PHYIX Category Low Category High PHYIX % Rank
Net Assets 1.21 B 3.64 M 28.4 B 30.85%
Number of Holdings 619 3 2297 21.27%
Net Assets in Top 10 68.8 M -564 M 3.47 B 45.09%
Weighting of Top 10 5.68% 2.7% 100.0% 96.32%

Top 10 Holdings

  1. CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.38% 1.01%
  2. Community Health Systems Incorporated 6.25% 0.65%
  3. Dell International L.L.C. and EMC Corporation 6.02% 0.59%
  4. Tempo Acquisition LLC / Tempo Acquisition Fin Corp 6.75% 0.58%
  5. Ally Finl 8% 0.57%
  6. Pulte Group Inc 7.88% 0.55%
  7. Watco Companies, L.L.C. / Watco Finance Corp. 6.5% 0.54%
  8. Sprint Capital Corporation 6.88% 0.53%
  9. T-Mobile US, Inc. 7.88% 0.52%
  10. Tenet Healthcare Corporation 4.88% 0.51%

Asset Allocation

Weighting Return Low Return High PHYIX % Rank
Bonds
92.43% 18.91% 146.82% 62.45%
Convertible Bonds
2.90% 0.00% 21.16% 28.40%
Stocks
1.82% -8.82% 43.20% 19.38%
Cash
1.82% -40.59% 71.60% 67.97%
Preferred Stocks
1.03% 0.00% 22.05% 17.63%
Other
0.00% -49.68% 30.15% 96.10%

Stock Sector Breakdown

Weighting Return Low Return High PHYIX % Rank
Utilities
24.68% 0.00% 99.28% 10.19%
Communication Services
22.92% 0.00% 100.00% 7.07%
Consumer Cyclical
19.35% 0.00% 100.00% 16.63%
Real Estate
12.38% 0.00% 100.00% 7.07%
Energy
11.25% 0.00% 100.00% 59.88%
Healthcare
9.41% 0.00% 69.02% 8.73%
Industrials
0.01% 0.00% 100.00% 30.56%
Technology
0.00% 0.00% 99.99% 98.54%
Financial Services
0.00% 0.00% 100.00% 98.54%
Consumer Defense
0.00% 0.00% 100.00% 99.38%
Basic Materials
0.00% 0.00% 100.00% 99.17%

Stock Geographic Breakdown

Weighting Return Low Return High PHYIX % Rank
US
1.80% -8.82% 37.04% 18.03%
Non US
0.02% 0.00% 15.55% 29.48%

Bond Sector Breakdown

Weighting Return Low Return High PHYIX % Rank
Corporate
98.14% 0.00% 100.00% 13.75%
Cash & Equivalents
1.86% 0.00% 72.32% 74.80%
Derivative
0.00% 0.00% 41.67% 98.52%
Securitized
0.00% 0.00% 91.68% 99.33%
Municipal
0.00% 0.00% 14.61% 98.38%
Government
0.00% 0.00% 60.89% 99.06%

Bond Geographic Breakdown

Weighting Return Low Return High PHYIX % Rank
US
82.51% 0.18% 121.45% 37.01%
Non US
9.92% -25.76% 97.17% 77.66%

PHYIX - Expenses

Operational Fees

PHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.03% 20.43% 48.14%
Management Fee 0.56% 0.00% 1.84% 54.74%
12b-1 Fee 0.25% 0.00% 1.00% 56.42%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.00% 2.00% 5.75% 61.02%
Deferred Load N/A 1.00% 5.50% 86.30%

Trading Fees

PHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 96.94%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.00% 0.00% 349.00% 26.68%

PHYIX - Distributions

Dividend Yield Analysis

PHYIX Category Low Category High PHYIX % Rank
Dividend Yield 0.00% 0.00% 3.12% 98.12%

Dividend Distribution Analysis

PHYIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PHYIX Category Low Category High PHYIX % Rank
Net Income Ratio 4.66% -2.17% 10.53% 68.22%

Capital Gain Distribution Analysis

PHYIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

PHYIX - Fund Manager Analysis

Managers

Paul Scanlon


Start Date

Tenure

Tenure Rank

Dec 31, 2002

18.26

18.3%

Mr. Scanlon is a Co-Head of Fixed Income, specializing in global credit and tax-exempt strategies. He is responsible for managing all facets of the corporate credit investment process and overseeing Putnam's taxexempt team. In addition, he is accountable for the research, trading, and creation of stand-alone corporate credit portfolios as well as a number of multi-sector strategies. Mr. Scanlon joined Putnam in 1999 and has been in the investment industry since 1986. Paul is a CFA charterholder.

Norman Boucher


Start Date

Tenure

Tenure Rank

Nov 30, 2005

15.34

15.3%

Norman is responsible for managing the cyclical part of Putnam’s high-yield portfolios. He joined Putnam as an Analyst covering the automotive, aerospace, and technology sectors. He served as a Portfolio Manager on the U.S. High Yield group before moving to Putnam’s London office to manage European high-yield portfolios. He rejoined the U.S. High Yield team in 2005. Norman joined Putnam in 1998 and has been in the investment industry since 1985.

Robert Salvin


Start Date

Tenure

Tenure Rank

Nov 30, 2005

15.34

15.3%

Mr. Salvin is a Portfolio Manager of Putnam's global credit strategies. He is responsible for managing convertible securities, U.S. high-yield, global high-yield, and floating rate loan strategies. Mr. Salvin joined Putnam in 2000 and has been in the investment industry since 1986. Prior to joining Putnam, Mr. Salvin was a Managing Director at BancBoston Robertson Stephens from 1997 to 1999, a Director at SBC Warburg Inc. from 1996 to 1997, an Associate at Chase Securities from 1993 to 1996, and an Analyst at Broadview Associates from 1986 to 1991.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.63 6.63 1.75