C000241800 Fees and Costs — Putnam Ultra Short MAC Series, Class A
Data updated: 2026-10-13
The net expense ratio is 0.00% (0.49% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 37%.
C000241800 Fees and Expenses
Annual operating expenses and sales charges of C000241800. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.49% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.49% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
C000241800 Costs Over Time
On $10,000 invested in C000241800, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
C000241800 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $413.9M
- Portfolio turnover (prospectus): 37%
C000241800 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $126.8M | 32.64% |
| BofA Securities, Inc. | $73.2M | 18.84% |
| Wells Fargo Securities, LLC | $60.4M | 15.55% |
| Citigroup Global Markets Inc. | $33.3M | 8.57% |
| RBC Capital Markets, LLC | $27.4M | 7.04% |
| Mizuho Securities USA LLC | $26.7M | 6.87% |
| Truist Securities, Inc. | $18.5M | 4.76% |
| Barclays Capital, Inc. | $9.9M | 2.56% |
| Goldman Sachs & Co. LLC | $7.0M | 1.79% |
| Fifth Third Securities, Inc. | $5.3M | 1.38% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.