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Managed Fund Since 2022
Fixed Income
Putnam Stable Value Fund
- Stability. Seeks to maintain the stability of a money market fund while offering returns similar to those of intermediate-term bonds.
- Liquidity. Liquidity, stability, and consistency are essential to the portfolio construction process, which emphasizes diversifying the sources of returns, industries, and issuers within the portfolio.
- Diversification. Utilizes multiple stable value investment options, including cash alternatives, traditional GICs, and wrapped, actively managed strategies.
Popular Documents
NAV
$1.00
As of 03/09/2026
YTD Total Returns At NAV 1
0.72%
Collective Investment Trusts (CITs) are available only to qualified retirement plans, such as 401(k) defined contribution plans and governmental plans.
Overview
Fund Facts
Fund description
The fund seeks to preserve principal and achieve high current income through a diversified portfolio of high-quality investment contracts.
- Benchmark
- ICE BofA U.S. 3-Month Treasury Bill Index
- Fund Inception Date
- 02/28/1991
- Total Net Assets
As of 01/31/2026 (Updated Monthly) - $17.68 Billion
Identifiers
- Ticker
- N/A
- CUSIP Code
- 74686Q207
Average Annual Total Returns As of 01/31/2026
25bps
- 3.91%1 Year
- 3.71%3 Years
- 3.16%5 Years
- 2.66%10 Years
- 4.05%Since Inception
02/28/1991
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Additional Fund Info
- Share Class Inception Date
- 02/28/1991
- Morningstar Category
3 - Stable Value
- Investment Style
- Multi-Sector
Manager
About the Team
Franklin Templeton Fixed Income
A global leader in fixed income, the team strives to provide consistent and resilient returns by combining deep fundamental research with rigorous portfolio construction. This solutions-driven approach means maintaining portfolio and risk exposures that align with client expectations.
Franklin Templeton Fixed Income
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Managed Fund Since 2003
![[Michael V Salms avatar]](https://franklintempletonprod.widen.net/content/gdksujp88u/webp/Salm_Michael_500x500.png){kind=avatar}
Managed Fund Since 2024
![[Andrew C Bensons avatar]](https://franklintempletonprod.widen.net/content/dnwdsns656/webp/Benson_Andrew_500x500.png){kind=avatar}
Managed Fund Since 2021
Performance
Average Annual Total Returns
As of 01/31/2026
Selected Month January 2026
25bps (%)
Month End
As of 01/31/2026
ICE BofA U.S. 3-Month Treasury Bill Index (%)
Month End
As of 01/31/2026
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. The fund's investment return and principal value will change with market conditions, and you may have a gain or a loss when you sell your shares. Total returns assume the reinvestment of all distributions and the deduction of all fund expenses. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expense or sales charges. Returns for periods of less than one year are not annualized.
Portfolio
Holdings
As of 01/31/2026 (Updated Monthly)
MASS MUTUAL INSURANCE COMPANY 4.17% 02/02/2049
PACIFIC LIFE INS CO 3.95% 02/02/2049
AMERICAN GENERAL LIFE INSURANC 4.2% 02/02/2049
PRUDENTIALLIFE INSURANCE COMP 3.91% 02/02/2049
NEW YORK LIFE INSURANCE COMPAN 4.3% 02/02/2049
SHORT TERM INVESTMENT FUND STIF USD NPV GH5 - PUTNAM MONEY MARKET PORT CLASS P TIS A/C # 39071
CITIBANK N.A. 3.87% 02/02/2049
AMERICAN UNITED LIFE INSURANCE 3.76% 02/02/2049
METROPOLITAN TOWER LIFE INSURANCE CO. 3.76% 02/02/2049
Athene Annuity And Life Company 4.57%
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
- Distribution Frequency
- MonthlyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- December
Distributions Per Share
02/27/2026
01/30/2026
Pricing
Pricing History
As of 03/09/2026 (Updated Daily)
Daily Fund Prices
As of 03/09/2026
Share Prices
As of 03/09/2026
- NAV
(Net Asset Value) - $1.00
- NAV Change
- $0.00
- NAV Change (%)
- 0.00%
52-Week Range
- Highest NAV
As of 03/09/2026 - $1.00
- Lowest NAV
As of 03/10/2025 - $1.00
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Product Profile - Putnam Stable Value Fund | |||
| Quarterly Holdings - Putnam Stable Value Fund | |||
| Performance Flyer Putnam Stable Value Fund 100bps | |||
| Performance Flyer Putnam Stable Value Fund 15bps | |||
| Performance Flyer Putnam Stable Value Fund 20bps | |||
| Performance Flyer Putnam Stable Value Fund 25bps | |||
| Performance Flyer Putnam Stable Value Fund 35bps | |||
| Performance Flyer Putnam Stable Value Fund 45bps | |||
| Performance Flyer Putnam Stable Value Fund 50bps | |||
| Performance Flyer Putnam Stable Value Fund 75bps | |||
| Performance Flyer Putnam Stable Value Fund gross of fees | |||
| Product Profile - Quarterly Update Putnam Stable Value Fund | |||
| Flyer - Putnam Stable Value Fund - Frequently Asked Questions | |||
| Flyer - Putnam Stable Value Performance Flash Sheet | |||
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Putnam Stable Value Fund | |||
| Form - Putnam Collective Investment Trust (CIT) Participation Agreement Request | |||
| Form - Putnam Stable Value Fund Plan Withdrawal Notice | |||
| Disclosure - DCIO Funds Group Trust Schedule C | |||
| Disclosure for ERISA 408(b)(2) - Putnam Stable Value Fund (25bps Management Fee) | |||
| Certification Letter - Putnam Stable Value Fund | |||
| Offering Statement - Stable Value Fund | |||
Risks
All investments involve risks, including possible loss of principal. There can be no assurances that the fund will achieve its goal of capital preservation. The fund’s returns will fluctuate with interest rates and market conditions. The fund is not insured or guaranteed by any governmental agency. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Asset-backed, mortgage-backed or mortgage-related securities are subject to prepayment and extension risks. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. These and other risks are discussed in the fund’s offering statement.
Important Information
Retirement Advantage Trusts, Stable Value Funds, U.S. Research Trust, and Large Cap Value Trust are collective trusts managed and distributed by Putnam Fiduciary Trust Company, LLC ("PFTC"), a non-depository New Hampshire trust company. However, it is not FDIC insured; is not a deposit or other obligation of, and is not guaranteed by, PFTC or any of its affiliates. The fund is not a mutual fund registered under the Investment Company Act of 1940, and its units are not registered under the Securities Act of 1933. The fund is only available for investment by eligible, qualified retirement plan trusts, as defined in the declaration of trust and participation agreement.
The offering document includes investment objectives, risks, charges, expenses, and other information that you should read and consider carefully before investing.
Putnam Fiduciary Trust Company and Putnam Investments are Franklin Templeton companies. Services offered by Franklin Distributors, LLC. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The ICE BofA 3-Month U.S. Treasury Bill Index is an unmanaged index that comprises a single U.S. Treasury issue with approximately three months to final maturity, purchased at the beginning of each month and held for one full month.
Source: The index data referenced herein is the property of Intercontinental Exchange ("ICE") and/or its licensors and has been licensed for use by Franklin Templeton. ICE and its licensors accept no liability in connection with this use.