PFICX – Putnam Floating Rate Income C Investment Strategy | Morningstar

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Strategy

The investment seeks high current income, while preservation of capital is a secondary goal. The fund invests mainly in corporate loans and debt securities that have floating rates of interest and other corporate debt securities. It will invest at least 80% of its net assets in income-producing floating rate loans and other floating rate debt securities. The fund invests mainly in obligations of U.S. issuers that are below-investment-grade in quality. The adviser 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PFRYX	Putnam Floating Rate Income Fund Class Y	Institutional	Open			Oct 4, 2005	$75.21M	0.730%	Average	$0	−$27.42M
PFLRX	Putnam Floating Rate Income Fund Class A	Front Load	Open			Aug 4, 2004	$173.46M	0.980%	Below Average	$0	−$40.66M
PFICX	Putnam Floating Rate Income Fund Class C	Level Load	Open			Sep 7, 2004	$13.18M	1.730%	Below Average	$0	−$2.93M
PFRZX	Putnam Floating Rate Income Fund Class R6 Shares	Retirement, Large	Open			May 22, 2018	$4.45M	0.670%	Average	$0	$831,775.70
PFLLX	Putnam Floating Rate Income Fund Class R	Retirement, Medium	Open			Sep 7, 2004	$211,853.00	1.230%	Average	$0	−$80,579.67

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