C000118008 Fees and Costs — Putnam Multi-Asset Absolute Return Fund, CL R6
Data updated: 2026-01-12
The net expense ratio is 0.33%. There are no sales loads or redemption fees. Portfolio turnover was 1040%.
C000118008 Fees and Expenses
Annual operating expenses and sales charges of C000118008. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.33% |
| Fee waiver | — |
| Net expense ratio | 0.33% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000118008 Costs Over Time
On $10,000 invested in C000118008, assuming 5% a year before costs, total costs come to $209 over 5 years, cutting the return by 0.35% 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 0.33%) | $35 | $109 | $190 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $114 | $209 |
| Value after costs | $10,465 | $11,462 | $12,554 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
C000118008 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): —
- Portfolio turnover (prospectus): 1040%
- Securities lending: none during the year
C000118008 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CSFB - CREDIT SUISSE SECURITIES (USA), LLC | $67K | 40.25% |
| BCAP - BARCLAYS CAPITAL, INC. | $37K | 22.03% |
| CGML - CITIGROUP GLOBAL MARKETS INC | $22K | 13.31% |
| RAJA - RAYMOND JAMES & ASSOCIATES, INC. | $8K | 4.99% |
| JONE - JONESTRADING | $7K | 4.32% |
| JPMS - J.P. MORGAN SECURITIES, LLC. | $7K | 4.07% |
| CITI - CITIBANK, N.A. | $6K | 3.82% |
| MLCO - BofA Securities, Inc. | $6K | 3.35% |
| GSCO - GOLDMAN SACHS & CO LLC | $4K | 2.41% |
| MSUS - MACQUARIE CAPITAL (USA) INC | $2K | 1.45% |
C000118008 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MLCO - BofA Securities, Inc. | $6.3B | 26.15% |
| CGMI - CITIGROUP GLOBAL MARKETS INC. | $6.3B | 26.00% |
| RBCA - ROYAL BANK OF CANADA | $6.2B | 25.87% |
| BCAP - BARCLAYS CAPITAL, INC. | $4.1B | 17.10% |
| JPMS - J.P. MORGAN SECURITIES, LLC. | $410.5M | 1.70% |
| MSCO - MORGAN STANLEY & CO. LLC | $398.1M | 1.65% |
| NMRA - NOMURA SECURITIES INTERNATIONAL, INC. | $141.8M | 0.59% |
| BNPP - BNP PARIBAS SECURITIES CORPORATION | $100.0M | 0.41% |
| GSCO - GOLDMAN SACHS & CO LLC | $91.6M | 0.38% |
| CGML - CITIGROUP GLOBAL MARKETS INC | $32.0M | 0.13% |
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.