C000203062 Fees and Costs — Putnam Floating Rate Income Fund
Data updated: 2026-07-27
The net expense ratio is 0.67%: a 0.54% management fee plus 0.13% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 34%.
C000203062 Fees and Expenses
Annual operating expenses and sales charges of C000203062. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| 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 | No |
| Waived fees subject to recoupment | No |
C000203062 Costs Over Time
On $10,000 invested in C000203062, assuming 5% a year before costs, total costs come to $422 over 5 years, cutting the return by 0.70% 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 0.67%) | $70 | $220 | $383 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $70 | $231 | $422 |
| Value after costs | $10,430 | $11,345 | $12,341 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000203062 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $385.4M
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
C000203062 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $59.0M | 18.01% |
| Goldman Sachs & Co. LLC | $47.2M | 14.42% |
| Morgan Stanley & Co. LLC | $37.4M | 11.42% |
| Citigroup Global Markets Inc. | $35.1M | 10.72% |
| Barclays Capital, Inc. | $28.8M | 8.80% |
| BofA Securities, Inc. | $27.5M | 8.39% |
| Wells Fargo Securities, LLC | $26.3M | 8.03% |
| RBC Capital Markets, LLC | $24.6M | 7.52% |
| Deutsche Bank Securities Inc. | $22.5M | 6.85% |
| Jefferies LLC | $19.2M | 5.85% |
Putnam Floating Rate Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000203062 | Floating Rate Income Fund CL R6 | 0.67% | none |
| C000002282 | Floating Rate CL Y | 0.73% | none |
| PFLRX | Floating Rate Income Fund CL A | 0.98% | 2.25% |
| C000002281 | Floating Rate Income Fund CL R | 1.23% | none |
| C000002279 | Floating Rate Income Fund CL C | 1.73% | 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.