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8.01
0.00
0%
00:00:00 - Delayed Data. Currency in USD
- Morningstar Rating:
- Total Assets: 112.96M
Putnam Floating Rate Income Y
8.01
0.00
0%
- Overview
- Profile
- Historical Data
- Holdings
Putnam Floating Rate Income Fund Class Y Overview
On this page you'll find an in-depth profile of Putnam Floating Rate Income Fund Class Y. Learn about the key management, total assets, investment strategy and contact information of PFRYX among other information.
Investment Strategy
The investment seeks high current income, while preservation of capital is a secondary goal. The fund invests mainly in corporate loans and debt securities that have floating rates of interest and other corporate debt securities. It will invest at least 80% of its net assets in income-producing floating rate loans and other floating rate debt securities. The fund invests mainly in obligations of U.S. issuers that are below-investment-grade in quality. 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.
Contact Information
Address
One Franklin Parkway, Building 970, 1st Floor
San Mateo,CA 94403
United States
San Mateo,CA 94403
United States
Phone
+1 650 3122000
Top Executives
| Name | Title | Since | Until |
|---|---|---|---|
| Justin G. Ma | Portfolio Manager | 2024 | Now |
| Biography | Justin Ma is an assistant portfolio manager for Franklin Advisers' Floating Rate Debt Group. He is a portfolio manager on Franklin Floating Rate Daily Access Fund, Franklin Floating Rate PLC, and FTSIIF Franklin Floating Rate II Funds, as well as the floating rate investments of Franklin Templeton Limited Duration Income Trust Fund. Mr. Ma is also a member of the Investment Committee. Mr. Ma joined Franklin Templeton in 2006 as a member of the Futures Program and joined the Floating Rate Debt Group as a portfolio analyst in 2008. Mr. Ma holds a B.A. from Stanford University and is a Chartered Financial Analyst (CFA) Charterholder. He is also a member of the CFA Society of San Francisco (CFASF) and the CFA Institute. | ||
| Margaret Chiu | Portfolio Manager | 2024 | Now |
| Biography | Margaret Chiu is a portfolio manager for the Franklin Advisers' Floating Rate Debt Group. Ms. Chiu provides portfolio analytics for the floating rate open-end funds and institutional separate accounts. Ms. Chiu joined Franklin Templeton in 2012 and the Floating Rate Debt Group in 2013. Ms. Chiu holds a B.S. in business administration from the University of California, Berkeley. She is a Chartered Financial Analyst (CFA) charterholder and a Certified Financial Risk Manager (FRM). | ||
| Reema Agarwal | Senior Vice President | 2024 | Now |
| Biography | Reema Agarwal, SVP, Director of the Floating Rate Debt Group, manages a team of research analysts and portfolio managers across the full spectrum of the bank loan market. Prior to this role Reema was the Floating Rate Debt Group Director of Research (2014–2018). Prior to joining the firm in 2004, Ms. Agarwal was with FleetBoston Financial and ABN AMRO Bank N.V. Ms. Agarwal holds an M.B.A. from the Indian Institute of Management, Bangalore. She is a Chartered Financial Analyst (CFA) charter holder and a member of the CFA Society of San Francisco (CFASF). | ||
| Scott D’Orsi | Portfolio Manager | 2022 | Now |
| Biography | Scott D’Orsi is the Portfolio Manager at The Putnam Advisory Company, LLC since 2021. He was Director of CLO Portfolio and Manager and Head of Liquid Loans at First Eagle Investment Management from 2004 to 2020. | ||
| Norman P. Boucher | Portfolio Manager | 2008 | 2024 |
| Biography | 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 L. Salvin | Managing Director | 2008 | 2024 |
| Biography | 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. | ||
| Paul D. Scanlon | Senior Analyst | 2005 | 2022 |
| Biography | 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. | ||
| William J. Wright | porfolio manager | 2007 | 2009 |
| Biography | Mr.right is a porfolio manager. Wright has been with Putnam since 1997. | ||
| Joseph H. Towell | Senior Vice President, Portfolio Manager | 2004 | 2008 |
| Biography | Towell has been with Putnam since 2001 and he is senior vice president and portfolio manager in the core fixed income high yield team. Prior to joining Putnam, he worked for First Union Corporation. | ||
| Neal J. Reiner | Senior Vice President, Portfolio Manager | 2004 | 2006 |
| Biography | Reiner has been with Putnam since 2001 and he is senior vice president and portfolio manager in the core fixed income high yield team. Prior to joining Putnam he worked for Bain Capital/Sankaty Advisors. Reiner holds the Certified Public Accountant designation. | ||
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