PHYBX Performance — Putnam High Yield Fund, Class B
Data updated: 2026-07-27
PHYBX returned +10.70% over one year to Aug 2024. Annualised returns are +1.06% over 3 years and +2.85% over 5 years. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $103, against $106 for the category, and to $111 over one year, against $111. Volatility over the past three years was 8.46% a year. In the 12 months to May 2026 the fund lost a net $54.6M, and assets reached $831.18M.
PHYBX Growth of $100
What $100 invested in Putnam High Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | PHYBX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Aug 2024) | $111 | $111 |
| 3 years (Sep 2021 – Aug 2024) | $103 | $106 |
| 5 years (Sep 2019 – Aug 2024) | $115 | $119 |
PHYBX Trailing Returns
Total returns to Aug 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +10.70% |
| 3 years (annualised) | +1.06% |
| 5 years (annualised) | +2.85% |
PHYBX Annual Returns
Calendar-year total returns of Putnam High Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Aug) | +9.06% |
| 2023 | +8.28% |
| 2022 | −10.56% |
| 2021 | +2.59% |
| 2020 | +6.75% |
| 2019 (Sep–Dec) | −0.49% |
PHYBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | +3.5% | +1.0% | −1.0% | +1.2% | +1.4% | +1.8% | +0.8% | — | — | — | — |
| 2023 | +3.9% | −1.1% | −1.2% | +1.0% | +0.8% | +0.2% | +1.4% | +1.6% | +4.6% | −1.8% | −1.4% | +0.2% |
| 2022 | −2.5% | +1.7% | −0.2% | −3.7% | −0.9% | −2.2% | +5.5% | −6.8% | +2.0% | +2.3% | −4.3% | −1.4% |
| 2021 | +0.1% | +1.4% | +0.3% | +1.0% | +0.3% | +0.3% | +0.1% | +1.3% | −1.1% | −0.2% | −0.1% | −0.9% |
| 2020 | 0.0% | +1.6% | +4.5% | +4.1% | −11.6% | +0.9% | +4.3% | +0.6% | +3.6% | +0.5% | −0.9% | +0.1% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | +0.4% | +0.4% | −1.6% |
PHYBX Risk
Risk measures from monthly returns over Sep 2021 – Aug 2024.
- 3-year volatility (annualised): 8.46%
- 3-year Sharpe ratio: -0.41 (vs 4.5% risk-free rate)
- Best month: +5.54% (Jul 2022)
- Worst month: −6.78% (Aug 2022)
PHYBX Fund Flows
Monthly money in and out of Putnam High Yield Fund, from SEC Form N-PORT.
- 12-month net flow: −$54.6M
- 12-month gross sales (incl. reinvestments): $176.0M
- Sales ÷ redemptions: 0.76×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $9.3M | $11.8M | −$2.4M |
| Apr 2026 | $11.0M | $11.0M | $33K |
| Mar 2026 | $23.8M | $46.2M | −$22.4M |
| Feb 2026 | $10.3M | $14.3M | −$4.0M |
| Jan 2026 | $10.8M | $16.5M | −$5.7M |
| Dec 2025 | $13.0M | $15.6M | −$2.7M |
| Nov 2025 | $8.9M | $12.7M | −$3.8M |
| Oct 2025 | $19.8M | $20.0M | −$220K |
| Sep 2025 | $12.8M | $19.4M | −$6.5M |
| Aug 2025 | $11.2M | $13.3M | −$2.0M |
| Jul 2025 | $17.9M | $23.1M | −$5.2M |
| Jun 2025 | $27.1M | $26.8M | $323K |
PHYBX Assets Under Management
Net assets of Putnam High Yield Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $831.18M |
| 2026-02-28 | $858.57M |
| 2025-11-30 | $868.43M |
| 2025-08-31 | $878.24M |
| 2025-05-31 | $867.62M |
| 2025-02-28 | $925.18M |
| 2024-11-30 | $938.12M |
| 2024-08-31 | $934.95M |
| 2024-05-31 | $900.93M |
| 2024-02-29 | $905.63M |
| 2023-11-30 | $891.64M |
| 2023-08-31 | $907.57M |
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.