A conservative style focused on liquidity management
The fund seeks to maintain the stability of a money market fund while offering returns similar to those of intermediate-term bonds.
The strategy can pursue income with improved interest-rate tracking over time by consistently reinvesting without having to realize gains and losses.
The portfolio's flexibility offers workplace retirement plans increased potential to meet participant and sponsor needs.
Diversified portfolio structure reduces liquidity risk
Putnam Stable Value Fund combines four key components in a withdrawal hierarchy for managing liquidity.
Cash buffer: Minimum cash requirement of 5%
Traditional GICs: Laddered across maturities and diversified among several issuers
Synthetic structured cash flow portfolio: Part of the fund's liquidity structure, managed to the Bloomberg 1-5 year Government/Credit Index
Synthetic actively managed portfolio: Managed exclusively for total return against the Bloomberg Intermediate U.S. Aggregate IndexGo to Putnam Stable Value Fund product information