Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early. Unlock Stocks
8.00
0.00
0%
- Morningstar Rating:
- Total Assets: 237.14M
Putnam Floating Rate Income A
8.00
0.00
0%
- Overview
- Profile
- Historical Data
- Holdings
Putnam Floating Rate Income Fund Class A Overview
On this page you'll find an in-depth profile of Putnam Floating Rate Income Fund Class A. Learn about the key management, total assets, investment strategy and contact information of PFLRX among other information.
Investment 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.
Contact Information
Address
One Franklin Parkway, Building 970, 1st Floor
San Mateo,CA 94403
United States
San Mateo,CA 94403
United States
Phone
+1 650 3122000
Top Executives
| Name | Title | Since | Until |
|---|---|---|---|
| Scott D’Orsi | Portfolio Manager | 2022 | Now |
| Biography | Scott D’Orsi is the Portfolio Manager at The Putnam Advisory Company, LLC since 2021. He was Director of CLO Portfolio and Manager and Head of Liquid Loans at First Eagle Investment Management from 2004 to 2020. | ||
| Norman P. Boucher | Portfolio Manager | 2008 | Now |
| Biography | Norman is responsible for managing the cyclical part of Putnam’s high-yield portfolios. He joined Putnam as an Analyst covering the automotive, aerospace, and technology sectors. He served as a Portfolio Manager on the U.S. High Yield group before moving to Putnam’s London office to manage European high-yield portfolios. He rejoined the U.S. High Yield team in 2005. Norman joined Putnam in 1998 and has been in the investment industry since 1985. | ||
| Robert L. Salvin | Managing Director | 2008 | Now |
| Biography | Mr. Salvin is a Portfolio Manager of Putnam's global credit strategies. He is responsible for managing convertible securities, U.S. high-yield, global high-yield, and floating rate loan strategies. Mr. Salvin joined Putnam in 2000 and has been in the investment industry since 1986. Prior to joining Putnam, Mr. Salvin was a Managing Director at BancBoston Robertson Stephens from 1997 to 1999, a Director at SBC Warburg Inc. from 1996 to 1997, an Associate at Chase Securities from 1993 to 1996, and an Analyst at Broadview Associates from 1986 to 1991. | ||
| Paul D. Scanlon | Senior Analyst | 2005 | 2022 |
| Biography | Mr. Scanlon is a Co-Head of Fixed Income, specializing in global credit and tax-exempt strategies. He is responsible for managing all facets of the corporate credit investment process and overseeing Putnam's taxexempt team. In addition, he is accountable for the research, trading, and creation of stand-alone corporate credit portfolios as well as a number of multi-sector strategies. Mr. Scanlon joined Putnam in 1999 and has been in the investment industry since 1986. Paul is a CFA charterholder. | ||
| William J. Wright | porfolio manager | 2007 | 2009 |
| Biography | Mr.right is a porfolio manager. Wright has been with Putnam since 1997. | ||
| Joseph H. Towell | Senior Vice President, Portfolio Manager | 2004 | 2008 |
| Biography | Towell has been with Putnam since 2001 and he is senior vice president and portfolio manager in the core fixed income high yield team. Prior to joining Putnam, he worked for First Union Corporation. | ||
| Neal J. Reiner | Senior Vice President, Portfolio Manager | 2004 | 2006 |
| Biography | Reiner has been with Putnam since 2001 and he is senior vice president and portfolio manager in the core fixed income high yield team. Prior to joining Putnam he worked for Bain Capital/Sankaty Advisors. Reiner holds the Certified Public Accountant designation. | ||
| Stephen C. Peacher | Managing Director | 2004 | 2005 |
| Biography | Stephen Peacher, a managing director of Columbia Management, is a co-manager for the Fund and has co-managed the Fund since September, 2005. Mr. Peacher has been associated with Columbia Management since April, 2005. Prior to April, 2005, Mr. Peacher was employed by Putnam Investments, where he served as the Chief Investment Officer of the Credit Team for the previous five years. | ||
Write your thoughts about Putnam Floating Rate Income Fund Class A
Are you sure you want to delete this chart?
Delete Cancel
Replace the attached chart with a new chart ?
Replace Cancel
Comment Guidelines
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review