Skip to Content

Putnam Income B PNCBX

Analyst rating as of
NAV / 1-Day Return
5.61  /  0.18 %
Total Assets
2.0 Bil
Adj. Expense Ratio
1.480%
Expense Ratio
1.480%
Fee Level
Low
Longest Manager Tenure
15.41 years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
4.10%
Effective Duration
5.99 years

Morningstar’s Fund Analysis PNCBX

Will PNCBX 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