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Putnam Absolute Return 700 Fund

PDMMX:US
NASDAQ GM
10.88
USD
0.05
0.46%
As of 9:29 AM EDT 6/24/2016
Fund Type
Open-End Fund
52Wk Range
10.49 - 12.32
1 Yr Return
-3.67%
YTD Return
-0.46%
Previous Close
10.93
52Wk Range
10.49 - 12.32
1 Yr Return
-4.29%
YTD Return
-0.46%
Fund Type
Open-End Fund
Objective
Dynamic Allocation
Asset Class Focus
Mixed Allocation
Geographic Focus
U.S.
NAV (on 06/24/2016)
10.88
Total Assets (b USD) (on 05/31/2016)
1.318
Inception Date
12/23/2008
Last Dividend (on 12/21/2015)
0.121
Dividend Indicated Gross Yield
6.94%
Fund Managers
JAMES A FETCH / ROBERT J KEA
Front Load Fee
3.50%
Back Load Fee
0.00%
Redemption Fee
1.00%
12b-1 Fee
0.75%
Current Mgmt Fee
0.81%
Expense Ratio
1.76%

Top Fund Holdings

Name Position Value % of Fund
105.00 k 107.72 m 7.99
97.00 k 99.27 m 7.36
46.37 k 46.61 m 3.46
396.80 k 18.36 m 1.36
318.00 k 17.64 m 1.31
329.60 k 17.49 m 1.30
343.50 k 17.04 m 1.26
215.50 k 17.04 m 1.26
16.00 k 16.75 m 1.24
240.10 k 16.27 m 1.21
Profile
Putnam Absolute Return 700 Fund is an open-end fund incorporated in the USA. The Fund seeks to earn a positive total return that exceeds the rate of inflation by a targeted amount over a reasonable period of time regardless of market conditions. The Fund's portfolio combines two separate investment strategies: beta strategy and an alpha strategy.
Address
Putnam Investments
One Post Office Square
Boston, MA 02109
Phone
1-800-225-1581