Advertisement
Skip to Content

Putnam Income R PIFRX

Analyst rating as of
  • NAV / 1-Day Return 5.48  /  0.37 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 0.980%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 7.57%
  • Effective Duration 5.84 years

Morningstar’s Analysis PIFRX

Will PIFRX outperform in future?

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

A mortgage-focused fund with high levels of mortgage credit and prepayment risks.

Senior Analyst

Summary

|

Putnam Income’s complex, mortgage-focused portfolio is quite sensitive to securitized credit market swings and changes in mortgage prepayment speeds, and merits a Morningstar Analyst Rating of Neutral for most share classes, and Negative for its two most expensive classes.

Unlock our full analysis with Morningstar Investor