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Trending ETFs

Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.95

$192 M

3.73%

$0.37

1.10%

Vitals

YTD Return

-1.1%

1 yr return

3.4%

3 Yr Avg Return

-5.0%

5 Yr Avg Return

-1.8%

Net Assets

$192 M

Holdings in Top 10

45.9%

52 WEEK LOW AND HIGH

$10.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.95

$192 M

3.73%

$0.37

1.10%

PGGYX - Profile

Distributions

  • YTD Total Return -1.1%
  • 3 Yr Annualized Total Return -5.0%
  • 5 Yr Annualized Total Return -1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.17%
DIVIDENDS
  • Dividend Yield 3.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PUTNAM GLOBAL INCOME TRUST
  • Fund Family Name
    Putnam Family of Funds
  • Inception Date
    Oct 04, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Atkin

Fund Description

Investments

For this “non-diversified” fund, we invest mainly in bonds and securitized debt instruments (such as mortgage-backed investments) that are obligations of companies and governments worldwide; that are investment-grade in quality; and that have intermediate - to long-term maturities (three years or longer). The fund currently has significant investment exposure to residential and commercial mortgage-backed securities. Under normal circumstances, we invest at least 80% of the fund’s net assets in investment-grade securities. This policy may be changed only after 60 days’ notice to shareholders. We may also invest in bonds that are below investment-grade in quality (sometimes referred to as “junk bonds”).

We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell investments. We typically use to a significant extent derivatives, including credit default swaps, interest rate swaps, total return swaps, to-be-announced (TBA) commitments, futures, options and swaptions on mortgage-backed securities and indices, and certain foreign currency transactions, for both hedging and non-hedging purposes, including to obtain or adjust exposure to mortgage-backed investments.

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PGGYX - Performance

Return Ranking - Trailing

Period PGGYX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -59.5% 0.9% 34.47%
1 Yr 3.4% -15.5% 19.7% 72.60%
3 Yr -5.0%* -4.3% 4.2% 66.17%
5 Yr -1.8%* -2.5% 4.1% 59.04%
10 Yr 0.0%* -3.0% 2.7% 21.71%

* Annualized

Return Ranking - Calendar

Period PGGYX Return Category Return Low Category Return High Rank in Category (%)
2023 3.0% -15.2% 0.9% 55.50%
2022 -16.8% -10.9% 12.2% 78.35%
2021 -7.8% -10.8% 14.8% 15.63%
2020 4.0% -15.3% 0.6% 46.82%
2019 7.1% -44.4% 14.4% 80.37%

Total Return Ranking - Trailing

Period PGGYX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -59.5% 0.9% 32.04%
1 Yr 3.4% -16.6% 30.5% 64.93%
3 Yr -5.0%* -5.2% 10.9% 62.32%
5 Yr -1.8%* -2.8% 7.4% 55.67%
10 Yr 0.0%* -3.0% 3.6% 23.76%

* Annualized

Total Return Ranking - Calendar

Period PGGYX Return Category Return Low Category Return High Rank in Category (%)
2023 5.5% -15.2% 0.9% 55.50%
2022 -14.9% -10.9% 12.2% 78.35%
2021 -6.1% -10.8% 14.8% 15.63%
2020 6.1% -15.3% 3.8% 60.12%
2019 9.4% -44.4% 14.4% 84.66%

NAV & Total Return History


PGGYX - Holdings

Concentration Analysis

PGGYX Category Low Category High PGGYX % Rank
Net Assets 192 M 74.5 K 14.7 B 65.69%
Number of Holdings 797 4 4562 24.64%
Net Assets in Top 10 88.4 M -112 M 3.66 B 94.31%
Weighting of Top 10 45.93% 4.7% 100.0% 7.69%

Top 10 Holdings

  1. FNMA TBA 6.85%
  2. GOVERNMENT FUTURES 6.09%
  3. GOVERNMENT FUTURES 5.16%
  4. SHORT TERM INV FUND 5.15%
  5. FNMA TBA 5.14%
  6. FNMA TBA 4.22%
  7. CURRENCY FORWARDS 3.89%
  8. GOVERNMENT FUTURES 3.15%
  9. CURRENCY FORWARDS 3.14%
  10. FNMA TBA 3.13%

Asset Allocation

Weighting Return Low Return High PGGYX % Rank
Bonds
127.78% 0.00% 220.33% 7.11%
Other
51.10% -9.71% 100.00% 19.91%
Cash
5.60% -130.07% 95.62% 96.21%
Convertible Bonds
2.28% 0.00% 11.19% 24.64%
Stocks
0.00% 0.00% 7.47% 98.10%
Preferred Stocks
0.00% 0.00% 2.87% 97.63%

Bond Sector Breakdown

Weighting Return Low Return High PGGYX % Rank
Securitized
51.23% 0.00% 52.02% 3.37%
Derivative
51.10% 0.00% 74.77% 57.21%
Government
31.67% 0.30% 99.47% 86.06%
Corporate
14.12% 0.00% 98.62% 64.90%
Cash & Equivalents
5.60% 0.00% 95.62% 86.06%
Municipal
0.00% 0.00% 7.95% 99.04%

Bond Geographic Breakdown

Weighting Return Low Return High PGGYX % Rank
US
99.50% -5.52% 107.53% 5.21%
Non US
28.27% 0.00% 112.80% 94.79%

PGGYX - Expenses

Operational Fees

PGGYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.02% 3.65% 71.29%
Management Fee 0.54% 0.00% 2.08% 56.10%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

PGGYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.00% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PGGYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PGGYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 6.00% 354.00% 98.08%

PGGYX - Distributions

Dividend Yield Analysis

PGGYX Category Low Category High PGGYX % Rank
Dividend Yield 3.73% 0.00% 17.40% 98.58%

Dividend Distribution Analysis

PGGYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PGGYX Category Low Category High PGGYX % Rank
Net Income Ratio 2.17% -1.08% 5.77% 29.90%

Capital Gain Distribution Analysis

PGGYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PGGYX - Fund Manager Analysis

Managers

Michael Atkin


Start Date

Tenure

Tenure Rank

Jun 29, 2007

14.93

14.9%

Mr. Atkin is a Portfolio Manager in the Global Fixed Income group. He is responsible for managing coreglobal fixed income, emerging-market debt, fixed income global alpha, and global government strategies. In addition, he leads the macroeconomic discussions as part of the Portfolio Construction group and manages a team of analysts who evaluate government securities in G7 countries and emerging markets. Mr. Atkin joined Putnam in 1997 and has been in the investment industry since 1988.

Michael Salm


Start Date

Tenure

Tenure Rank

Jun 29, 2007

14.93

14.9%

Mr. Salm is a Co-Head of Fixed Income, specializing in liquid markets and securitized strategies. In this role, he oversees investment strategies related to mortgage and securitized products, interest-rate and volatility derivatives, and money markets. In addition, he manages trading operations and Putnam's Fixed Income quantitative teams. He is a portfolio manager of core global, core plus, global government, fixed income global alpha, and dedicated mortgage strategies, as well as fixed income hedge funds. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989. Previously at Putnam, he served as a Portfolio Manager responsible for mortgage strategies in fixed income portfolios. Prior to joining Putnam, Mr. Salm was a Mortgage Specialist at BlackRock Financal Management from 1996 to 1997, a Vice President and Trader at Nomura Securities from 1994 to 1996, a Vice President and Structurer at Nikko Securities from 1993 to 1994, and an Analyst at Fitch Investor Services from 1991 to 1992. Mr. Salm earned a B.S. from Cornell University.

Robert Davis


Start Date

Tenure

Tenure Rank

Feb 28, 2017

5.25

5.3%

Mr. Davis is a Portfolio Manager on the Putnam Global Fixed Income team. In this role, he specializes in modeling and analysis of developed and emerging-market currencies. He analyzes market and macroeconomic data, creates quantitative models, and takes global macro and relative value positions within foreign exchange markets. Additionally, he oversees the portfolio construction process for the institutional and retail accounts managed by the Currency team. Mr. Davis has been in the investment industry since he joined Putnam in 1999.

Albert Chan


Start Date

Tenure

Tenure Rank

Feb 29, 2020

2.25

2.3%

Norman Boucher


Start Date

Tenure

Tenure Rank

Mar 31, 2022

0.17

0.2%

Norman is responsible for managing the cyclical part of Putnam’s high-yield portfolios. He joined Putnam as an Analyst covering the automotive, aerospace, and technology sectors. He served as a Portfolio Manager on the U.S. High Yield group before moving to Putnam’s London office to manage European high-yield portfolios. He rejoined the U.S. High Yield team in 2005. Norman joined Putnam in 1998 and has been in the investment industry since 1985.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 28.31 6.8 3.67