C000060536 Performance — Putnam Tax Free High Yield Fund

Data updated: 2025-10-10

C000060536 returned −1.85% over one year to Jul 2025. Over one year the fund trailed its High Yield Bond category average: $100 grew to $98, against $106 for the category. Volatility over the past 12 months was 4.81% a year. In the 12 months to Jul 2025 the fund lost a net $22.9M, and assets reached $624.43M.

C000060536 Growth of $100

What $100 invested in Putnam Tax Free High Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.

PeriodC000060536Category average
1 year (Aug 2024 – Jul 2025)$98$106
3 years (Aug 2022 – Jul 2025)$107$121
5 years (Aug 2020 – Jul 2025)$107$123
Since data start (Aug 2019 – Jul 2025)$110$126

C000060536 Trailing Returns

Total returns to Jul 2025, from SEC N-PORT.

PeriodTotal return
1 year−1.85%

3- and 5-year figures withheld: disagrees with sibling classes.

C000060536 Annual Returns

Calendar-year total returns of Putnam Tax Free High Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.

YearTotal return
2025 (Jan–Jul)−1.09%
2024+11.97%
2023+2.80%
2022−10.83%
2021+1.60%
2020+2.48%
2019 (Aug–Dec)+4.32%

C000060536 Monthly Returns

Monthly total returns as reported on SEC Form N-PORT.

YearJanFebMarAprMayJunJulAugSepOctNovDec
2025+1.8%+1.5%−2.1%−1.5%−0.4%+0.6%−0.9%—————
2024+7.8%−1.4%+0.9%+0.7%+1.1%+2.7%+0.6%−1.5%+1.4%+0.6%+0.5%−1.8%
2023+6.5%+0.4%+1.5%−2.8%+0.3%+1.6%−0.8%−2.5%−3.5%−1.4%+0.5%+3.5%
2022+1.2%−4.0%−3.3%−0.8%+4.2%−3.7%+1.8%−2.1%−5.6%−2.6%+4.5%−0.4%
2021+2.1%+1.4%+0.9%−1.2%+0.9%+1.0%+1.0%−0.5%−1.0%−0.4%−2.6%+0.1%
2020+0.2%−3.4%−9.5%+2.0%+2.7%+4.0%+3.7%+0.1%−0.4%+0.2%+1.8%+1.8%
2019———————+0.1%−0.5%+2.1%+1.9%+0.6%

C000060536 Risk

Risk measures from monthly returns over Aug 2024 – Jul 2025.

  • 1-year volatility (annualised): 4.81%
  • Best month: +1.80% (Jan 2025)
  • Worst month: −2.14% (Mar 2025)

C000060536 Fund Flows

Monthly money in and out of Putnam Tax Free High Yield Fund, from SEC Form N-PORT.

  • 12-month net flow: −$22.9M
  • 12-month gross sales (incl. reinvestments): $135.6M
  • Sales ÷ redemptions: 0.86×
MonthSalesRedemptionsNet flow
Jul 2025$7.9M$13.3M−$5.5M
Jun 2025$8.0M$12.2M−$4.2M
May 2025$8.3M$21.2M−$12.9M
Apr 2025$22.5M$15.0M$7.5M
Mar 2025$8.0M$10.5M−$2.6M
Feb 2025$9.6M$10.0M−$380K
Jan 2025$8.1M$10.0M−$1.9M
Dec 2024$17.6M$19.2M−$1.6M
Nov 2024$9.8M$12.6M−$2.8M
Oct 2024$9.8M$14.1M−$4.4M
Sep 2024$17.5M$8.4M$9.1M
Aug 2024$8.5M$11.8M−$3.3M

C000060536 Assets Under Management

Net assets of Putnam Tax Free High Yield Fund by report date, from SEC N-PORT filings.

Report dateNet assets
2025-07-31$624.43M
2025-04-30$659.41M
2025-01-31$675.99M
2024-10-31$685.80M
2024-07-31$688.07M
2024-04-30$669.71M
2024-01-31$676.09M
2023-10-31$608.97M
2023-07-31$685.49M
2023-04-30$687.25M
2023-01-31$703.75M
2022-10-31$652.96M

For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.