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Putnam Income R PIFRX

Analyst rating as of
NAV / 1-Day Return
6.97  /  0.29 %
Total Assets
3.9 Bil
Adj. Expense Ratio
0.980%
Expense Ratio
0.980%
Fee Level
Average
Longest Manager Tenure
13.80 years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
1.88%
Effective Duration
5.93 years
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Morningstar’s Analysis

Will PIFRX outperform in future?

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

A complex derivative-heavy portfolio with an emphasis on mortgage credit.

Summary

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Putnam Income differentiates itself from its peers by its high exposure to mortgage-backed assets. Its complex, derivative-heavy portfolio results in an above-par sensitivity to credit market swings and supports a Morningstar Analyst Rating of Neutral for all share classes.

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