PTHAX — Putnam Tax Free High Yield Fund
Data updated: 2025-10-10
PTHAX — Putnam Tax Free High Yield Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $624.43M AUM · 0.96% expense ratio · -2.1% 1-yr return. From SEC regulatory filings.
PTHAX Fund Overview
PTHAX — Putnam Tax Free High Yield Fund is a US mutual fund managed by Putnam Tax Free Income Trust, categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Putnam Tax Free Income Trust
- Category: Long Corporate Bond
- Assets under management: $624.43M
- 1-year return: -2.1%
- Ticker: PTHAX
- SEC CIK: 0000771951
- SEC series ID: S000003861
- Share class ID: C000010822
PTHAX Holdings
Top 10 holdings of Putnam Tax Free High Yield Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| New York City Transitional Finance Authority | 2.11% |
| Port of Portland OR Airport Revenue | 2.09% |
| Buckeye Tobacco Settlement Financing Authority | 1.26% |
| Alaska Industrial Development & Export Authority | 1.21% |
| New York State Thruway Authority | 1.17% |
| City of Chicago IL | 1.09% |
| Orange County Health Facilities Authority | 1.02% |
| Clifton Higher Education Finance Corp. | 0.96% |
| New York Transportation Development Corp. | 0.91% |
| St Louis County Industrial Development Authority | 0.88% |
PTHAX Portfolio Allocation
Asset-class allocation of Putnam Tax Free High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 104.1% |
| Cash & Equivalents | 0.2% |
PTHAX Performance
Total returns for PTHAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -2.1% |
| 3 years (annualised) | 1.9% |
| 5 years (annualised) | 1.1% |
PTHAX Risk Information
Risk metrics for PTHAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.8%
PTHAX Costs and Fees
PTHAX costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.96%
- Portfolio turnover: 25%
- Brokerage commissions: 0.04 bps of average net assets (SEC N-CEN)
PTHAX Cashflows
Over the 12 months to 2025-07, Putnam Tax Free High Yield Fund had net outflows of $22.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-07 | −$5.46M |
| 2025-06 | −$4.17M |
| 2025-05 | −$12.90M |
| 2025-04 | $7.51M |
| 2025-03 | −$2.56M |
| 2025-02 | −$380.09K |
PTHAX Debt Constituents
Largest debt holdings of Putnam Tax Free High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| New York City Transitional Finance Authority | 2.11% |
| Port of Portland OR Airport Revenue | 2.09% |
| Buckeye Tobacco Settlement Financing Authority | 1.26% |
| Alaska Industrial Development & Export Authority | 1.21% |
| New York State Thruway Authority | 1.17% |
| City of Chicago IL | 1.09% |
| Orange County Health Facilities Authority | 1.02% |
| Clifton Higher Education Finance Corp. | 0.96% |
| New York Transportation Development Corp. | 0.91% |
| St Louis County Industrial Development Authority | 0.88% |
PTHAX Prospectus and SEC Filings
Official Putnam Tax Free High Yield Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate Bond 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.