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PTRKX Putnam Absolute Return 300 R

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Fund PTRKX Putnam Absolute Return 300 R EXCPX Manning & Napier Unconstrained Bond S SEMPX Semper MBS Total Return Investor  
100% 86% 88%
Annual Fees
(1.09% Exp. Ratio)
(0.77% Exp. Ratio)
(1.01% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.83% annual return
$12,404.91 $13,667.13 $12,709.46
Est. savings over 30 yrs +$1,262.22 +$304.56
As of 9/30/16
1 YR RETURN 0.12%
3 YR 0.46%
5 YR 1.51%
10 YR --
1 YR RETURN 4.01%
3 YR 2.61%
5 YR 3.87%
10 YR 5.32%
1 YR RETURN 2.21%
3 YR 6.58%
5 YR --
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 to provide long-term total return, and its secondary objective is to provide preservation of capital. The fund will invest, under normal circumstances, at least 80% of its net assets in bonds and other financial instruments, principally derivative instruments and exchange-traded funds (ETFs), with economic characteristics similar to bonds. It may invest up to 50% of its assets in below investment grade securities (also referred to as "high yield bonds" or "junk bonds") and may invest up to 50% of its assets in non-U.S. dollar denominated securities, including securities issued by companies located in emerging markets.
The investment seeks to provide a high level of risk-adjusted current income and capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities ("MBS"). The weighted average maturity of the fund's MBS investments will generally range from between 1 and 10 years and the fund may invest without limit in MBS that are rated below investment grade (i.e., "high yield" or "junk" ratings).

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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.


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