Skip to Content

Putnam Mortgage Securities C PGVCX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.19  /  +0.12 %
  • Total Assets 413.1 Mil
  • Adj. Expense Ratio
    1.720%
  • Expense Ratio 1.720%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment
  • Status Open
  • TTM Yield 8.51%
  • Effective Duration 5.92 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PGVCX

Will PGVCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Too aggressive to recommend.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Putnam Mortgage Securities’ complex approach and emphasis on lower-rated mortgage credit has not served investors well. Its Process rating has been downgraded to Below Average from Average, but its experienced team still earns an Average People rating.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PGVCX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 67.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 2%

19.38 81.5 Mil
Securitized

Federal National Mortgage Association 6%

15.70 66.0 Mil
Securitized

Federal National Mortgage Association 2.5%

13.96 58.7 Mil
Securitized

Federal National Mortgage Association 5.5%

12.31 51.8 Mil
Securitized

Federal National Mortgage Association 3.5%

7.02 29.5 Mil
Securitized

Federal National Mortgage Association 3%

6.75 28.4 Mil
Securitized

Federal National Mortgage Association 5%

6.27 26.4 Mil
Securitized

Government National Mortgage Association 2.5%

4.86 20.4 Mil
Securitized

Government National Mortgage Association 2%

4.48 18.8 Mil
Securitized

Federal National Mortgage Association 4%

4.40 18.5 Mil
Securitized