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Mutual Fund Insights: Putnam Floating Rate Income C Fund (PFICX)

In-depth Analysis of Putnam Floating Rate Income C Fund (PFICX)

Mutual fund chart: Putnam Floating Rate Income C Fund (PFICX)

3 months
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See Putnam Floating Rate Income C Fund (PFICX) performance details as of February 28, 2010

  

    Last Trade: $8.72 on 3/19/2010, Change: +0.01 (0.11%)

  

Fund Manager - Paul D. Scanlon

Fund Manager Tenure: 5.0 years
Fundmojo Fund Grade: C (Score: 0.55)     (What does this score mean?)
Paul D. Scanlon is a managing director and portfolio manager with Putnam Investments, his employer since 1999. Paul D. Scanlon specializes in dealing with high-yield corporate bonds. Previously, Paul D. Scanlon was a senior vice president for Olympus Health Care Group from 1997 to 1999. Prior to that, Scanlon worked as a senior analyst at Fidelity Investments.  Get more insights on Paul D. Scanlon

  

What we like about Putnam Floating Rate Income C Fund (PFICX) What we like about Putnam Floating Rate Income C Fund (PFICX)

Data for Putnam Floating Rate Income C Fund (PFICX) as of February 28, 2010

  • Putnam Floating Rate Income C Fund (PFICX) management has been with Putnam Floating Rate Income C Fund for 5.0 years
  • Putnam Floating Rate Income C Fund (PFICX) has good Long-term performance (5-year return 1.64% vs 1.61 % Bank Loan category average)
  • Putnam Floating Rate Income C Fund (PFICX) ratio of up-years vs down years is greater than 2
  • Putnam Floating Rate Income C Fund (PFICX) has an annual stock turnover rate of 46.35% vs Bank Loan average of 48.40%. It is good that Putnam Floating Rate Income C management does not trade extensively for its return.

  

What we are cautious about Putnam Floating Rate Income C Fund (PFICX) What we are cautious about Putnam Floating Rate Income C Fund (PFICX)

Data for Putnam Floating Rate Income C Fund (PFICX) as of February 28, 2010

  • Putnam Floating Rate Income C Fund (PFICX) has a less-than-ideal short-term performance (1-year return 30.98% vs 34.22 % Bank Loan category average)
  • Putnam Floating Rate Income C Fund (PFICX) has a less-than-ideal mid-term performance (3-year return -0.30% vs -0.60 % Bank Loan category average)
  • Putnam Floating Rate Income C Fund (PFICX) has a Morningstar rating of 3 and below
  • Putnam Floating Rate Income C Fund (PFICX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.1 that is higher than category average of 13.92
  • Putnam Floating Rate Income C Fund (PFICX) has a higher management fee of 1.81% than its Bank Loan average of 1.35%
  • Putnam Floating Rate Income C Fund (PFICX) carries a 1% load
See Putnam Floating Rate Income C Fund (PFICX) performance details as of February 28, 2010

  

  

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Putnam Floating Rate Income C Fund (PFICX) Net Asset

Track net asset change of Putnam Floating Rate Income C fund (PFICX)

DateNet Asset
02/2010$335.42M
01/2010$61.73M
11/2009$57.11M
More historic net asset information on Putnam Floating Rate Income C Fund (PFICX)

  

Putnam Floating Rate Income C Fund (PFICX) Portfolio Allocation

Track portfolio allocation change of Putnam Floating Rate Income C fund (PFICX)

DateCashStockBondOther
09/20098.45%0.98%84.62%5.94%
06/200912.06%1.01%81.79%5.14%
03/200912%0.76%83.75%3.5%
Click here to see more historic asset allocation information on Putnam Floating Rate Income C Fund (PFICX)

  

Most Recent Top 10 Holdings in Putnam Floating Rate Income C Fund (PFICX)

Discover what Putnam Floating Rate Income C Fund (PFICX) manager is buying

30-Sep-09
Sungard T/L B L+362.5 [1.03%]
Community Health T/L B L+225 [1.02%]
Jardinerie Interiors [0.98%]
Allison Trans Inc T/L B L+275 [0.98%]
Manitowoc Co Inc T/L A L+450 [0.94%]
Michaels Stores T/L B L+225 [0.93%]
Univision Comm T/L B L+225 [0.91%]
Calpine T/L B L+287.5 [0.9%]
Trw Automotive T/L B L+150 [0.9%]
Hca Inc T/L B L+225 [0.89%]

30-Jun-09
Sungard T/L L+175 [1.08%]
Huntsman Intl T/L B L+175 [1.04%]
Jardinerie Interiors [1.01%]
Hca Inc T/L B L+225 [1.01%]
Allison Trans Inc T/L B L+275 [0.93%]
Calpine T/L B L+287.5 [0.92%]
Wrigley T/L B L+350 [0.91%]
Biomet Inc. T/L B L+300 [0.9%]
Trw Automotive T/L B L+150 [0.9%]
Dean Foods T/L B L+150 [0.87%]

31-Mar-09
Dollar General T/L B1 L+275 [1.14%]
Hca Inc T/L B L+225 [1.1%]
Cebridge (Cequel) T/L B L+200 [1.07%]
Metropcs Wirlss Inc T/L L+225 [1.07%]
Aramark T/L B L+187.5 [1.06%]
Community Health T/L B L+225 [1.04%]
Sungard T/L L+175 [1.03%]
Dynegy L/C L+150 [0.99%]
Graham Packaging T/L L+225 [0.94%]
West Corp Tl L+237.5 [0.94%]
Click here for Stock Holding Change Map in Putnam Floating Rate Income C Fund (PFICX)

  

Related books and products to Putnam Floating Rate Income C Fund (PFICX)

  

Latest News on Putnam Floating Rate Income C (PFICX)

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