Putnam High Income Fund Quote
| PCF Fund | USD 6.20 0.05 0.80% |
Performance0 of 100
| Odds Of DistressLess than 19
|
Putnam High is trading at 6.20 as of the 19th of April 2024. This is a -0.8% down since the beginning of the trading day. The fund's lowest day price was 6.2. Putnam High has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Putnam High Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund was formerly known as Putnam High Income Securities Fund High Income Securities Fund was formed on July 9, 1987 and is domiciled in the United States. The company has 9.49 M outstanding shares of which 28.75 K shares are at this time shorted by investors with about 0.43 days to cover. More on Putnam High Income
Moving together with Putnam Fund
| 0.83 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.83 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.83 | VITSX | Vanguard Total Stock | PairCorr |
| 0.82 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.82 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.82 | VTISX | Vanguard Total Inter | PairCorr |
| 0.82 | VTSNX | Vanguard Total Inter | PairCorr |
Putnam Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Jameson Baxter |
| Old Names | [PCF Group plc, Petec Coffee JSC] |
| Fund Concentration | Convertibles Funds, WSE WIG INDEX Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Putnam High Income [PCF] is traded in USA and was established 19th of April 2024. The fund is not categorized under any group at the present time. Putnam High Me at this time has in assets with no minimum investment requirementsThe fund is currently generating return of 2.8% with the current yeild of 0.01%, while the total return for the last 3 years was 3.41%.
Check Putnam High Probability Of Bankruptcy
Putnam High Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Putnam High jumping above the current price in 90 days from now is over 95.22%. The Putnam High Income probability density function shows the probability of Putnam High fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Putnam High has a beta of 0.496 indicating as returns on the market go up, Putnam High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putnam High Income will be expected to be much smaller as well. Additionally, putnam High Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Putnam High to move above the current price in 90 days from now is over 95.22 (This Putnam High Income probability density function shows the probability of Putnam Fund to fall within a particular range of prices over 90 days) .
Putnam High Me Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam High market risk premium is the additional return an investor will receive from holding Putnam High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Putnam High's alpha and beta are two of the key measurements used to evaluate Putnam High's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0075 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) |
Putnam High Against Markets
Picking the right benchmark for Putnam High fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam High fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam High is critical whether you are bullish or bearish towards Putnam High Income at a given time. Please also check how Putnam High's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Putnam High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Putnam Fund?
Before investing in Putnam High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam High. To buy Putnam High fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam High fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Putnam High Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Putnam High Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Putnam High Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Putnam High Income?
The danger of trading Putnam High Income is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam High Me is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam High Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Putnam High Me information on this page should be used as a complementary analysis to other Putnam High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.