Putnam Global Income’s experienced team and strong long-term performance aren't enough to overcome concerns about its investment process and fees that sit among the highest in the world-bond Morningstar Category. The strategy earns a Morningstar Analyst Rating of Average.
Will PGBRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PGBRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PGBRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PGBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.