Putnam New York Fund Fundamentals
| PTEIX Fund | USD 7.87 0.03 0.38% |
Putnam New York fundamentals help investors to digest information that contributes to Putnam New's financial success or failures. It also enables traders to predict the movement of Putnam Mutual Fund. The fundamental analysis module provides a way to measure Putnam New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Putnam New mutual fund.
Putnam |
Putnam New York Mutual Fund Annual Yield Analysis
Putnam New's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Putnam New Annual Yield | 0.01 % |
Most of Putnam New's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Putnam New York is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Putnam New York has an Annual Yield of 0.0066%. This is 89.0% lower than that of the Putnam family and significantly higher than that of the Muni New York Long category. The annual yield for all United States funds is notably lower than that of the firm.
Putnam New York Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putnam New's current stock value. Our valuation model uses many indicators to compare Putnam New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putnam New competition to find correlations between indicators driving Putnam New's intrinsic value. More Info.Putnam New York is rated top fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 14.32 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Putnam New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Putnam New's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putnam New's earnings, one of the primary drivers of an investment's value.Putnam Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Putnam New's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Putnam New could also be used in its relative valuation, which is a method of valuing Putnam New by comparing valuation metrics of similar companies.Putnam New is currently under evaluation in annual yield among similar funds.
Fund Asset Allocation for Putnam New
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Putnam New's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Putnam Fundamentals
| Total Asset | 593.51 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 0.09 % | ||||
| One Year Return | 3.30 % | ||||
| Three Year Return | (1.39) % | ||||
| Five Year Return | 1.07 % | ||||
| Ten Year Return | 3.44 % | ||||
| Net Asset | 810.13 M | ||||
| Cash Position Weight | 3.60 % | ||||
| Bond Positions Weight | 0.34 % |
About Putnam New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Putnam New York's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam New York based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal circumstances, the fund invests so that at least 90 percent of the funds income distributions are exempt from federal income tax and New York State and City personal income taxes, except during times of adverse market conditions, when more than 10 percent of the funds income distributions could be subject to these taxes.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Putnam New York using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam New York. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.