# Putnam VT High Yield Fund

Putnam VT High Yield Fund is a registered fund series of Putnam Variable Trust (series S000003875). Net assets $133.6M as of 2026-03-31.

## Profile

- Series ID: S000003875
- Registrant: Putnam Variable Trust
- LEI: FZCF32TUQ6MTFH6JWS05
- Net assets: $133.6M
- Total assets: $135.3M
- As of: 2026-03-31

## Advisers

- [Franklin Advisers, Inc. (Advisor)](https://search.stillhousedata.com/firm/104517)
- [Putnam Investment Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/106629)
- [Franklin Templeton Investment Management Limited (Subadvisor)](https://search.stillhousedata.com/firm/111360)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Putnam Short Term Investment Fund](https://search.stillhousedata.com/security/74676P664) | — | $4.1M | 304.68% |
| [RR Donnelley & Sons Co.](https://search.stillhousedata.com/security/257867BJ9) | — | $1.1M | 83.39% |
| Grifols SA | — | $1.1M | 81.76% |
| [Opal Bidco SAS](https://search.stillhousedata.com/security/68348BAA1) | — | $1.1M | 81.32% |
| [FirstCash, Inc.](https://search.stillhousedata.com/security/33767DAD7) | — | $1.0M | 75.98% |
| [MPT Operating Partnership LP / MPT Finance Corp.](https://search.stillhousedata.com/security/55342UAQ7) | — | $979K | 73.27% |
| [Kedrion SpA](https://search.stillhousedata.com/security/49272YAB9) | — | $970K | 72.56% |
| [APLD ComputeCo LLC](https://search.stillhousedata.com/security/00202DAA5) | — | $964K | 72.15% |
| [CCO Holdings LLC / CCO Holdings Capital Corp.](https://search.stillhousedata.com/security/1248EPCD3) | — | $959K | 71.77% |
| [Neptune Bidco US, Inc.](https://search.stillhousedata.com/security/640695AD4) | — | $933K | 69.79% |
| [PHH Escrow Issuer LLC](https://search.stillhousedata.com/security/716964AA9) | — | $927K | 69.39% |
| [DaVita, Inc.](https://search.stillhousedata.com/security/23918KAW8) | — | $913K | 68.29% |
| [Sinclair Television Group, Inc.](https://search.stillhousedata.com/security/829259BH2) | — | $911K | 68.15% |
| [Occidental Petroleum Corp.](https://search.stillhousedata.com/security/674599DJ1) | — | $910K | 68.07% |
| [Jane Street Group / JSG Finance, Inc.](https://search.stillhousedata.com/security/47077WAD0) | — | $896K | 67.03% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $133.6M |
| 2025-12-31 | $139.0M |
| 2025-09-30 | $136.9M |
| 2025-06-30 | $137.7M |
| 2025-03-31 | $140.9M |
| 2024-12-31 | $145.7M |
| 2024-09-30 | $146.7M |
| 2024-06-30 | $143.5M |

## More

- [Registrant: Putnam Variable Trust](https://search.stillhousedata.com/registrant/822671)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000003875.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.