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Putnam Income M PNCMX

Analyst rating as of
NAV / 1-Day Return
6.44  /  0.33 %
Total Assets
3.3 Bil
Adj. Expense Ratio
0.980%
Expense Ratio
0.980%
Fee Level
High
Longest Manager Tenure
14.57 years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
3.64%
Effective Duration
5.55 years
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Morningstar’s Analysis

Will PNCMX 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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