Putnam Ultra Short MAC Series
Data updated: 2026-09-25
C000241800 — Putnam Ultra Short MAC Series. Leveraged · $59.52M AUM · 0.00% expense ratio · 4.8% 1-yr return. Holdings, fees, performance and SEC filings.
C000241800 Fund Overview
Putnam Ultra Short MAC Series is a US mutual fund managed by Putnam Funds Trust, categorised as Leveraged. 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: Leveraged
- Assets under management: $59.52M
- 1-year return: 4.8%
- SEC CIK: 0001005942
- SEC series ID: S000080127
- Share class ID: C000241800
C000241800 Investment Objective and Strategy
Putnam Ultra Short MAC Series describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam Funds Trust.
Investment objective
The fund seeks as high a rate of current income as the Investment Manager (as defined below) believes is consistent with preservation of capital and maintenance of liquidity.
Principal investment strategy
The fund was established exclusively for use within separately managed accounts (SMAs). The fund is used in combination with selected individual securities to implement the SMAs investment program. The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment-grade money market and other fixed income securities. The funds investments may include obligations of the U.S. government, its agencies and instrumentalities, which are backed by the full faith and credit of the United States (e.g., U.S. Treasury bonds and Ginnie Mae mortgage-backed bonds) or by only the credit of a federal agency or government-sponsored entity (e.g., Fannie Mae or Freddie Mac mortgage-backed bonds), domestic corporate debt obligations, taxable municipal debt securities, securitized debt instruments (such as mortgage- and asset-backed securities), repurchase agreements, certificates of deposit, bankers acceptances, commercial paper (including asset-backed commercial paper), time deposits, Yankee Eurodollar securities and other money market instruments.
The fund may also invest in U.S. dollar-denominated foreign securities of these types. Under normal circumstances, the effective duration of the funds portfolio will generally not be greater than one year. 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. Under normal circumstances, the dollar-weighted average portfolio maturity of the fund is not expected to exceed four years. The Investment Manager 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.
C000241800 Holdings
Top 10 holdings of Putnam Ultra Short MAC Series by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States of America | 1.07% |
| US Bank NA | 1.01% |
| United States of America | 1.00% |
| AutoNation, Inc. | 0.94% |
| Boston Properties LP | 0.84% |
| AvalonBay Communities, Inc. | 0.84% |
| Bank of America Corp. | 0.70% |
| Morgan Stanley | 0.70% |
| Glencore Funding LLC | 0.69% |
| Banco Bilbao Vizcaya Argentaria SA | 0.68% |
C000241800 Portfolio Allocation
Asset-class allocation of Putnam Ultra Short MAC Series by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 82.1% |
| Cash & Equivalents | 15.6% |
| Securitized | 1.9% |
C000241800 Performance
Total returns for C000241800 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 4.8% |
| 3 years (annualised) | 5.6% |
C000241800 Risk Information
Risk metrics for C000241800, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.4%
C000241800 Costs and Fees
C000241800 costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.49%
- Portfolio turnover: 37%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000241800 Cashflows
Over the 12 months to 2026-04, Putnam Ultra Short MAC Series had net inflows of $11.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $362.53K |
| 2026-03 | $289.69K |
| 2026-02 | $512.37K |
| 2026-01 | −$391.93K |
| 2025-12 | $178.00K |
| 2025-11 | $87.90K |
C000241800 Debt Constituents
Largest debt holdings of Putnam Ultra Short MAC Series by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 1.07% |
| US Bank NA | 1.01% |
| United States of America | 1.00% |
| Bank of America Corp. | 0.70% |
| Morgan Stanley | 0.70% |
| Banco Bilbao Vizcaya Argentaria SA | 0.68% |
| ONEOK, Inc. | 0.67% |
| Volkswagen Group of America Finance LLC | 0.67% |
| American Express Co. | 0.63% |
| Philip Morris International, Inc. | 0.62% |
C000241800 Prospectus and SEC Filings
Official Putnam Ultra Short MAC Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-24
- Prospectus (485BPOS) — filed 2024-11-26
- Prospectus (485BPOS) — filed 2023-11-27
- 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 2025-10-10
- Annual census (N-CEN) — filed 2024-10-11
Related Funds
Other Leveraged 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.