PSDYX vs. MINT
Compare and contrast key facts about Putnam Ultra Short Duration Income Fund (PSDYX) and PIMCO Enhanced Short Maturity Strategy Fund (MINT).
PSDYX is managed by Putnam. It was launched on Oct 17, 2011. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSDYX or MINT.
Correlation
The correlation between PSDYX and MINT is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PSDYX vs. MINT - Performance Comparison
Key characteristics
PSDYX:
3.56
MINT:
13.32
PSDYX:
14.03
MINT:
31.14
PSDYX:
4.51
MINT:
9.19
PSDYX:
28.68
MINT:
44.47
PSDYX:
80.96
MINT:
486.46
PSDYX:
0.07%
MINT:
0.01%
PSDYX:
1.51%
MINT:
0.43%
PSDYX:
-2.58%
MINT:
-4.62%
PSDYX:
-0.00%
MINT:
0.00%
Returns By Period
In the year-to-date period, PSDYX achieves a -0.00% return, which is significantly lower than MINT's 0.42% return. Both investments have delivered pretty close results over the past 10 years, with PSDYX having a 2.19% annualized return and MINT not far ahead at 2.24%.
PSDYX
-0.00%
-0.00%
2.05%
5.11%
2.80%
2.19%
MINT
0.42%
0.42%
2.68%
5.69%
2.53%
2.24%
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PSDYX vs. MINT - Expense Ratio Comparison
PSDYX has a 0.30% expense ratio, which is lower than MINT's 0.36% expense ratio.
Risk-Adjusted Performance
PSDYX vs. MINT — Risk-Adjusted Performance Rank
PSDYX
MINT
PSDYX vs. MINT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Ultra Short Duration Income Fund (PSDYX) and PIMCO Enhanced Short Maturity Strategy Fund (MINT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PSDYX vs. MINT - Dividend Comparison
PSDYX's dividend yield for the trailing twelve months is around 4.77%, which matches MINT's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSDYX Putnam Ultra Short Duration Income Fund | 4.77% | 5.21% | 4.85% | 1.77% | 0.38% | 1.09% | 2.52% | 2.21% | 1.27% | 0.89% | 0.57% | 0.63% |
MINT PIMCO Enhanced Short Maturity Strategy Fund | 4.77% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% |
Drawdowns
PSDYX vs. MINT - Drawdown Comparison
The maximum PSDYX drawdown since its inception was -2.58%, smaller than the maximum MINT drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for PSDYX and MINT. For additional features, visit the drawdowns tool.
Volatility
PSDYX vs. MINT - Volatility Comparison
Putnam Ultra Short Duration Income Fund (PSDYX) has a higher volatility of 0.42% compared to PIMCO Enhanced Short Maturity Strategy Fund (MINT) at 0.10%. This indicates that PSDYX's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.