Putnam Short Duration Bond Fund
Data updated: 2026-09-25
C000071709 — Putnam Short Duration Bond Fund. Intermediate Corporate Bond · $1.41B AUM · 0.88% expense ratio. Holdings, fees, performance and SEC filings.
C000071709 Fund Overview
Putnam Short Duration Bond Fund is a US mutual fund managed by Putnam Funds Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Putnam Funds Trust
- Category: Intermediate Corporate Bond
- Assets under management: $1.41B
- 1-year return: 3.6%
- SEC CIK: 0001005942
- SEC series ID: S000024274
- Share class ID: C000071709
C000071709 Investment Objective and Strategy
Putnam Short Duration Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam Funds Trust.
Investment objective
Putnam Short Duration Bond Fund seeks as high a rate of current income as Putnam Investment Management, LLC (Putnam Management) believes is consistent with preservation of capital.
Principal investment strategy
We invest in a diversified portfolio of fixed income securities. The funds investments may include corporate credit, including investment-grade debt, below-investment-grade debt (sometimes referred to as junk bonds), bank loans and structured credit; sovereign debt, including obligations of governments in developed and emerging markets; and securitized assets, including asset-backed securities, residential mortgage-backed securities (which may be backed by non-qualified or sub-prime mortgages), commercial mortgage-backed securities and collateralized mortgage obligations. Under normal circumstances, the fund will invest at least 80% of its net assets in bonds (bonds include any debt instrument, and may be represented by other investment instruments, including derivatives). This policy may be changed only after 60 days notice to shareholders.
We normally maintain an effective duration of three years or less. Effective duration provides a measure of a funds interest-rate sensitivity. The longer a funds duration, the more sensitive the fund is to shifts in interest rates. We 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. We may also use derivatives, such as futures, options, certain foreign currency transactions and swap contracts, for both hedging and non-hedging purposes. We may invest in securities that are purchased in private placements, which are illiquid because they are subject to restrictions on resale.
C000071709 Holdings
Top 10 holdings of Putnam Short Duration Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States of America | 5.01% |
| Putnam Short Term Investment Fund | 2.45% |
| Franklin Ultra Short Bond ETF | 2.44% |
| Banco Santander SA | 1.39% |
| Goldman Sachs Group, Inc. (The) | 1.06% |
| AutoNation, Inc. | 0.94% |
| Citigroup, Inc. | 0.78% |
| Celanese US Holdings LLC | 0.76% |
| Medline Borrower LP | 0.73% |
| Berry Global, Inc. | 0.73% |
C000071709 Portfolio Allocation
Asset-class allocation of Putnam Short Duration Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 60.3% |
| Securitized | 24.8% |
| Cash & Equivalents | 9.3% |
| Other | 4.9% |
C000071709 Performance
Total returns for C000071709 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.5% |
| 1 year | 3.6% |
| 3 years (annualised) | 4.9% |
| 5 years (annualised) | 2.3% |
C000071709 Risk Information
Risk metrics for C000071709, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.3%
C000071709 Costs and Fees
C000071709 costs about $88 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.88%
- Gross expense ratio: 0.88%
- Portfolio turnover: 33%
- Brokerage commissions: 0.03 bps of average net assets (SEC N-CEN)
C000071709 Cashflows
Over the 12 months to 2026-04, Putnam Short Duration Bond Fund had net inflows of $31.40M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $997.93K |
| 2026-03 | $25.89M |
| 2026-02 | $11.37M |
| 2026-01 | $11.22M |
| 2025-12 | $13.19M |
| 2025-11 | −$10.41M |
C000071709 Debt Constituents
Largest debt holdings of Putnam Short Duration Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 5.01% |
| Banco Santander SA | 1.39% |
| Goldman Sachs Group, Inc. (The) | 1.06% |
| Citigroup, Inc. | 0.78% |
| Celanese US Holdings LLC | 0.76% |
| Medline Borrower LP | 0.73% |
| Berry Global, Inc. | 0.73% |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 0.72% |
| Morgan Stanley Private Bank NA | 0.71% |
| Mondelez International Holdings Netherlands BV | 0.71% |
C000071709 Prospectus and SEC Filings
Official Putnam Short Duration Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-24
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.