PTHYX — Putnam Tax Free High Yield Fund

Data updated: 2025-10-10

PTHYX — Putnam Tax Free High Yield Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $624.43M AUM · 1.62% expense ratio · 11.3% 1-yr return. From SEC regulatory filings.

PTHYX Fund Overview

PTHYX — 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: 11.3%
  • Ticker: PTHYX
  • SEC CIK: 0000771951
  • SEC series ID: S000003861
  • Share class ID: C000010823

PTHYX 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 Authority2.11%
Port of Portland OR Airport Revenue2.09%
Buckeye Tobacco Settlement Financing Authority1.26%
Alaska Industrial Development & Export Authority1.21%
New York State Thruway Authority1.17%
City of Chicago IL1.09%
Orange County Health Facilities Authority1.02%
Clifton Higher Education Finance Corp.0.96%
New York Transportation Development Corp.0.91%
St Louis County Industrial Development Authority0.88%

View all PTHYX holdings

PTHYX 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 classAllocation
Fixed Income104.1%
Cash & Equivalents0.2%

PTHYX Performance

Total returns for PTHYX (as of 2026-08-01), from SEC filings.

PeriodTotal return
1 year11.3%
3 years (annualised)-0.8%
5 years (annualised)1.6%

PTHYX Risk Information

Risk metrics for PTHYX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 9.8%

PTHYX Costs and Fees

PTHYX costs about $162 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.62%
  • Gross expense ratio: 1.62%
  • Portfolio turnover: 25%
  • Brokerage commissions: 0.04 bps of average net assets (SEC N-CEN)

PTHYX 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.

MonthNet 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

PTHYX 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 Authority2.11%
Port of Portland OR Airport Revenue2.09%
Buckeye Tobacco Settlement Financing Authority1.26%
Alaska Industrial Development & Export Authority1.21%
New York State Thruway Authority1.17%
City of Chicago IL1.09%
Orange County Health Facilities Authority1.02%
Clifton Higher Education Finance Corp.0.96%
New York Transportation Development Corp.0.91%
St Louis County Industrial Development Authority0.88%

PTHYX 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.