Investment Test Drive

PTRGX Putnam Absolute Return 300 C

6 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund PTRGX Putnam Absolute Return 300 C FPNIX FPA New Income GSZUX Goldman Sachs Strategic Income R6  
100% 88% 86%
Annual Fees
(1.59% Exp. Ratio)
(0.49% Exp. Ratio)
(0.55% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.83% annual return
$10,655.27 $14,872.68 $14,605.99
Est. savings over 30 yrs +$4,217.41 +$3,950.72
As of 9/30/16
1 YR RETURN -0.42%
3 YR -0.08%
5 YR 1.00%
10 YR --
1 YR RETURN 1.52%
3 YR 1.28%
5 YR 1.33%
10 YR 2.61%
1 YR RETURN 0.90%
3 YR 0.20%
5 YR 3.44%
10 YR --
The investment seeks to earn a positive total return that exceeds the return on U.S. Treasury bills by 300 basis points (or 3.00%) on an annualized basis over a reasonable period of time (generally at least three years or more) regardless of market conditions. The fund is designed to pursue a consistent absolute return through a broadly diversified portfolio reflecting uncorrelated fixed-income strategies designed to exploit market inefficiencies across global markets and fixed-income sectors.
The investment seeks current income and long-term total return. The fund's investment adviser, First Pacific Advisors, LLC, primarily invests in a diversified portfolio of debt securities, cash and cash equivalents. It generally invests in highly rated debt securities and will invest at least 75% of its total assets, calculated at market value at time of purchase, in debt securities rated at least A- or its equivalent by a NRSRO. The fund may invest up to 25% of its total assets, calculated at market value at time of purchase, in debt securities that are rated below A- or its equivalent by a NRSRO or that are unrated.
The investment seeks total return comprised of income and capital appreciation. The fund invests in a broadly diversified portfolio of U.S. and foreign investment grade and non-investment grade fixed income investments including, but not limited to: U.S. government securities, non-U.S. sovereign debt, agency securities, corporate debt securities, agency and non-agency mortgage-backed securities, asset-backed securities, custodial receipts, municipal securities, loan participations and loan assignments and convertible securities. It may implement short positions and may do so by using swaps or futures, or through short sales of any instrument.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


Your Feedback has been sent successfully!