Putnam Fixed Income Absolute Return Fund (PYTRX) Alternatives
Putnam Fixed Income Absolute Return Fund (PYTRX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYTRX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PYTRX
PYTRX charges 0.46% annually. Among mutual funds in the Intermediate Core Bond category, these options have the lowest expense ratios among PYTRX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | Dec 20, 2007 | PYTRX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | Sep 19, 2014 | PYTRX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | Dec 13, 2019 | PYTRX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | Dec 13, 2019 | PYTRX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | Jul 2, 1993 | PYTRX vs WFBIX |
Best Risk-Adjusted Alternatives to PYTRX
Among mutual funds in the Intermediate Core Bond category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| T. Rowe Price New Income Fund | 89 | Aug 31, 1973 | PYTRX vs PRCIX | |
| Fidelity Education Income Fund | 88 | Mar 16, 2021 | PYTRX vs FEDUX | |
| Loomis Sayles Securitized Asset Fund | 87 | Mar 2, 2006 | PYTRX vs LSSAX | |
| Baird Intermediate Bond Fund | 84 | Sep 29, 2000 | PYTRX vs BIMSX | |
| DFA Diversified Fixed Income Portfolio | 84 | Aug 10, 2016 | PYTRX vs DFXIX |
Top Performing PYTRX Alternatives (YTD)
PYTRX alternatives from the Intermediate Core Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.45% | Aug 24, 1995 | PYTRX vs PCGTX | |
| Dupree Taxable Municipal Bond Fund | 0.30% | Nov 1, 2010 | PYTRX vs DUTMX | |
| DFA Diversified Fixed Income Portfolio | 0.29% | Aug 10, 2016 | PYTRX vs DFXIX | |
| Loomis Sayles Securitized Asset Fund | 0.29% | Mar 2, 2006 | PYTRX vs LSSAX | |
| Touchstone Impact Bond Fund | 0.09% | Nov 15, 1991 | PYTRX vs TCPYX |
Lowest Volatility Alternatives to PYTRX
PYTRX alternatives from the Intermediate Core Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Fidelity Education Income Fund | 2.69% | Mar 16, 2021 | PYTRX vs FEDUX | |
| Baird Intermediate Bond Fund Class Institutional | 2.79% | Sep 29, 2000 | PYTRX vs BIMIX | |
| Baird Intermediate Bond Fund | 2.80% | Sep 29, 2000 | PYTRX vs BIMSX | |
| DFA Diversified Fixed Income Portfolio | 2.85% | Aug 10, 2016 | PYTRX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 3.04% | Aug 31, 2000 | PYTRX vs JIBEX |
Lowest Drawdown Alternatives to PYTRX
PYTRX alternatives from the Intermediate Core Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | Aug 10, 2016 | PYTRX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | Mar 16, 2021 | PYTRX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | Sep 29, 2000 | PYTRX vs BIMSX | |
| CCM Community Impact Bond Fund | -1.98% | Aug 30, 1999 | PYTRX vs CRAIX | |
| Johnson Institutional Intermediate Bond Fund | -2.06% | Aug 31, 2000 | PYTRX vs JIBEX |
Other Mutual Funds from Putnam
Most popular Putnam mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 62 | -1.32% | Jun 15, 1977 | PYTRX vs PEYAX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 21 | -12.94% | Oct 2, 1995 | PYTRX vs POGAX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 63 | -1.25% | Jan 10, 1998 | PYTRX vs PEIYX | |
| Putnam Global Technology Fund | Technology Equities | 66 | -8.01% | Dec 17, 2008 | PYTRX vs PGTYX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 63 | -1.25% | Jul 2, 2012 | PYTRX vs PEQSX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 15 | -11.73% | Aug 31, 1990 | PYTRX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 39 | -7.83% | Sep 24, 2010 | PYTRX vs PMYYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 0.38% | Oct 17, 2011 | PYTRX vs PSDYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 21 | -12.89% | Aug 27, 1999 | PYTRX vs PGOYX | |
| Putnam Research Fund | Large Cap Blend Equities | 59 | -6.12% | Oct 2, 1995 | PYTRX vs PNRAX |
Often Compared With PYTRX
What investors most often compare with PYTRX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Investment Grade Bond Fund | Total Bond Market | 53 | -0.50% | Aug 6, 1971 | PYTRX vs FBNDX | |
| Fidelity New Markets Income Fund | Emerging Markets Bonds | 90 | -1.02% | — | PYTRX vs FNMIX | |
| Eaton Vance Tax Advantaged Global Dividend Income ... | Global Equities | 51 | -11.37% | Jan 30, 2004 | PYTRX vs ETG | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 98 | 1.35% | Sep 3, 2015 | PYTRX vs EADOX | |
| Fidelity SAI Investment Grade Securitized Fund | Intermediate Core Bond | 68 | -0.05% | May 17, 2023 | PYTRX vs FSMOX | |
| Manning & Napier Credit Series | Intermediate Core Bond | 81 | -0.35% | Apr 15, 2020 | PYTRX vs MCDWX | |
| Columbia Bond Fund | Intermediate Core Bond | 73 | 0.03% | Jan 9, 1986 | PYTRX vs UMMGX |
Compare PYTRX with Any Fund or Stock
Compare PYTRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.