C000118004 Fees and Costs — Putnam Short Duration Bond Fund, CL R6
Data updated: 2026-09-25
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 33%.
C000118004 Fees and Expenses
Annual operating expenses and sales charges of C000118004. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000118004 Costs Over Time
On $10,000 invested in C000118004, assuming 5% a year before costs, total costs come to $241 over 5 years, cutting the return by 0.40% 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 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $132 | $241 |
| Value after costs | $10,460 | $11,445 | $12,522 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
C000118004 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): 0.0003%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $25.3B
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
C000118004 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $3K | 65.02% |
| J.P. Morgan Securities LLC | $1K | 34.98% |
C000118004 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $9.2B | 37.80% |
| Citigroup Global Markets Inc. | $7.7B | 31.59% |
| BofA Securities, Inc. | $2.9B | 12.09% |
| Wells Fargo Securities, LLC | $1.1B | 4.56% |
| Mizuho Securities USA LLC | $939.0M | 3.87% |
| Barclays Capital, Inc. | $705.6M | 2.91% |
| HSBC Securities (USA) Inc. | $649.3M | 2.67% |
| Truist Securities, Inc. | $419.8M | 1.73% |
| RBC Capital Markets, LLC | $357.6M | 1.47% |
| Goldman Sachs & Co. LLC | $320.1M | 1.32% |
Putnam Short Duration 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 |
|---|---|---|---|
| C000071710 | CL Y | 0.38% | none |
| C000118004 | CL R6 | 0.38% | none |
| C000071705 | CL A | 0.63% | 2.25% |
| C000071709 | CL R | 0.88% | none |
| C000071707 | CL C | 1.38% | 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.