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.
Putnam Global Income B PGLBX
NAV / 1-Day Return
12.45
/
0.16
%
Total Assets
252.3 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.970%
Expense Ratio
1.970%
Fee Level
High
Longest Manager Tenure
26.11
years
Category
US Fund World Bond
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
0
Status
Open
TTM Yield
1.10%
Effective Duration
6.58
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PGLBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PGLBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PGLBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PGLBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
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