Morningstar

Putnam Mortgage Securities Fund Class A PGSIX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $7.71  /  0.00
  • Fund Size $351.6M
  • Adjusted Expense Ratio 0.920%
  • Net Expense Ratio 0.910%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Securitized Bond - Diversified
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 5.44%
  • Average Effective Duration 5.76 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PGSIX

Will PGSIX outperform in the 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 PGSIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PGSIX 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 PGSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Complex and volatile.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Putnam Mortgage Securities’ uncertainties overwhelm its potential reward.

by Saraja Samant
Rated on Published on

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Portfolio Holdings PGSIX

More PGSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 114.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 5.5%

28.87 85M
Securitized

Federal National Mortgage Association 2%

17.19 51M
Securitized

Putnam Fds Tr

14.00 41M
—

Federal National Mortgage Association 5%

12.91 38M
Securitized

Federal National Mortgage Association 2.5%

11.37 33M
Securitized

Federal National Mortgage Association 6%

9.33 27M
Securitized

Federal National Mortgage Association 2%

5.39 16M
Securitized

Federal National Mortgage Association 4.5%

5.03 15M
Securitized

Federal National Mortgage Association 3%

4.98 15M
Securitized

Government National Mortgage Association 5.5%

4.88 14M
Securitized

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