Putnam Mutual Fund Quote

PSDTX Fund  USD 10.03  0.01  0.1%   
Market Performance
24 of 100
Odds Of Distress
Less than 1
Putnam Short is trading at 10.03 as of the 6th of February 2023; that is 0.1 percent increase since the beginning of the trading day. The fund's open price was 10.02. Putnam Short has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Putnam Short Duration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
CUSIP
74676P755
ISIN
US74676P7556
Fiscal Year End
July
The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment-grade money market and other fixed income securities. Putnam Ultra is traded on NASDAQ Exchange in the United States. More on Putnam Short Duration

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Putnam Short Mutual 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 Short's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Short or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Putnam Short's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate17th of October 2011
Putnam Short Duration [PSDTX] is traded in USA and was established 6th of February 2023. The fund is listed under Ultrashort Bond category and is part of Putnam family. Putnam Short Duration at this time has accumulated 12.37 B in assets with no minimum investment requirements, while the total return for the last 3 years was 1.97%.
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Instrument Allocation

Putnam Short Target Price Odds Analysis

Based on a normal probability distribution, the odds of Putnam Short jumping above the current price in 90 days from now is about 5.58%. The Putnam Short Duration probability density function shows the probability of Putnam Short mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Putnam Short has a beta of 0.0161 indicating as returns on the market go up, Putnam Short average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putnam Short Duration will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0063, implying that it can generate a 0.006331 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.03HorizonTargetOdds Above 10.03
93.75%90 days
 10.03 
5.58%
Based on a normal probability distribution, the odds of Putnam Short to move above the current price in 90 days from now is about 5.58 (This Putnam Short Duration probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) .

Putnam Short Duration Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Short market risk premium is the additional return an investor will receive from holding Putnam Short 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 Short. 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 Short's alpha and beta are two of the key measurements used to evaluate Putnam Short's performance over the market, the standard measures of volatility play an important role as well.

Putnam Short Against Markets

Picking the right benchmark for Putnam Short mutual 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 Short mutual 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 Short is critical whether you are bullish or bearish towards Putnam Short Duration at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Putnam Short 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.

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Invested in Putnam Short Duration?

The danger of trading Putnam Short Duration is mainly related to its market volatility and Mutual 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 Short 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 Short. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Short Duration 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.
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Complementary Tools for analysis

When running Putnam Short Duration price analysis, check to measure Putnam Short's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Short is operating at the current time. Most of Putnam Short's value examination focuses on studying past and present price action to predict the probability of Putnam Short's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Putnam Short's price. Additionally, you may evaluate how the addition of Putnam Short to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Putnam Short's value and its price as these two are different measures arrived at by different means. Investors typically determine Putnam Short value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.