PMOTX – Putnam Mortgage Opportunities I Investment Strategy | Morningstar

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Strategy

The investment seeks maximize total return consistent with what Franklin Advisers, Inc. (“Franklin Advisers”) believes to be prudent risk. Under normal circumstances, fund invests at least 80% of the fund’s net assets in mortgages, mortgage-related fixed income securities and related derivatives (i.e., derivatives used to acquire exposure to, or whose underlying securities are, mortgages or mortgage-related securities).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PMOTX	Putnam Mortgage Opportunities Fund Class I	Institutional	Open			Apr 7, 2015	$15.24M	0.470%	Low	$5M	−$97.44M
PMOYX	Putnam Mortgage Opportunities Fund Class Y Shares	Institutional	Open			Jul 1, 2019	$505.40M	0.600%	Average	$500	$58.32M
PMORX	Putnam Mortgage Opportunities Fund Class A Shares	Front Load	Open			Jul 1, 2019	$28.11M	0.850%	Low	$500	$4.88M
PMOZX	Putnam Mortgage Opportunities Fund Class C Shares	Level Load	Open			Jul 1, 2019	$6.92M	1.600%	Low	$500	$181,349.08
PMOLX	Putnam Mortgage Opportunities Fund Class R6 Shares	Retirement, Large	Open			Jun 1, 2020	$36.69M	0.510%	Low	$500	$28.09M

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