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Putnam Income B PNCBX

Analyst rating as of
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Morningstar’s Analysis

Will PNCBX 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’s complex, mortgage-focused, derivative-heavy portfolio makes it more sensitive to credit market swings and still merits a Morningstar Analyst Rating of Neutral for most share classes; its two most expensive classes drop to Negative.

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