C000071711 Fees and Costs — Putnam Core Bond Fund
Data updated: 2026-09-25
The net expense ratio is 0.85%: a 0.54% management fee, a 0.30% 12b-1 fee plus 0.01% other expenses. This share class carries a maximum front-end sales load of 0.75%. Portfolio turnover was 389%.
C000071711 Fees and Expenses
Annual operating expenses and sales charges of C000071711. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 0.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000071711 Costs Over Time
On $10,000 invested in C000071711, assuming 5% a year before costs, total costs come to $625 over 5 years, cutting the return by 1.05% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $75 | $75 | $75 |
| Fund expenses (net expense ratio 0.85%) | $89 | $277 | $481 |
| Lost growth on money paid in costs | $4 | $26 | $69 |
| Total costs | $167 | $377 | $625 |
| Value after costs | $10,333 | $11,199 | $12,138 |
| Impact on return, per year | 1.67% | 1.15% | 1.05% |
C000071711 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $29.9B
- Portfolio turnover (prospectus): 389%
- Securities lending: none during the year
C000071711 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10.6B | 36.78% |
| Citigroup Global Markets Inc. | $4.3B | 14.88% |
| Morgan Stanley & Co. LLC | $3.2B | 11.11% |
| Goldman Sachs & Co. LLC | $3.2B | 10.90% |
| Wells Fargo Securities, LLC | $3.0B | 10.38% |
| Mizuho Securities USA LLC | $1.9B | 6.60% |
| BofA Securities, Inc. | $1.6B | 5.44% |
| Barclays Capital, Inc. | $635.5M | 2.20% |
| Citadel Securities LLC | $285.1M | 0.99% |
| Bank of Montreal | $207.8M | 0.72% |
Putnam Core Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000071713 | CL Y | 0.39% | none |
| C000118006 | CL R6 | 0.39% | none |
| C000071714 | CL A | 0.64% | 4.00% |
| C000071711 | Putnam Fixed Income Absolute Return Fund CL M | 0.85% | 0.75% |
| C000071712 | CL R | 0.89% | none |
| C000071716 | CL C | 1.39% | none |
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.