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Morningstar

Putnam Income R PIFRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 5.19  /  +0.58 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 7.41%
  • Effective Duration 6.11 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 11:48 PM GMT+0

Morningstar’s Analysis PIFRX

Will PIFRX 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 PIFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Unique and difficult to use.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Putnam Income's complex, mortgage-focused portfolio is sensitive to securitized credit market swings and changes in mortgage prepayment speeds.

by Mike Mulach
Rated on Published on

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Portfolio Holdings PIFRX

More PIFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 63.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 24

14.43 170.7 Mil
Government

Ultra US Treasury Bond Future Sept 24

7.04 83.4 Mil
Government

Federal National Mortgage Association 6%

6.78 80.2 Mil
Securitized

Government National Mortgage Association 4.5%

5.70 67.5 Mil
Securitized

Ultra 10 Year US Treasury Note Future Sept 24

5.46 64.6 Mil
Government

Federal National Mortgage Association 2%

5.42 64.2 Mil
Securitized

Federal National Mortgage Association 2.5%

5.31 62.9 Mil
Securitized

2 Year Treasury Note Future Sept 24

5.07 60.0 Mil
Government

10 Year Treasury Note Future Sept 24

4.19 49.6 Mil
Government

Government National Mortgage Association 4%

3.75 44.4 Mil
Securitized