Morningstar

Putnam Mortgage Securities Fund Class R6 POLYX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.82  /  0.00
  • Total Assets 368.5M
  • Adj. Expense Ratio
    0.510%
  • Expense Ratio 0.510%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Securitized Bond - Diversified
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.47%
  • Effective Duration 4.94 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis POLYX

Will POLYX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable POLYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the POLYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of POLYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Complex and volatile.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Putnam Mortgage Securities’ uncertainties overwhelm its potential reward.

by Saraja Samant
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings POLYX

More POLYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 146.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 5.5%

37.99 121M
Securitized

Federal National Mortgage Association 6.5%

22.34 71M
Securitized

Federal National Mortgage Association 2%

17.01 54M
Securitized

Federal National Mortgage Association 5%

16.61 53M
Securitized

Putnam Fds Tr

11.94 38M
—

Federal National Mortgage Association 2.5%

11.26 36M
Securitized

Federal National Mortgage Association 6%

8.94 29M
Securitized

Federal National Mortgage Association 4.5%

7.65 24M
Securitized

Federal National Mortgage Association 3%

7.10 23M
Securitized

Federal National Mortgage Association 2%

5.14 16M
Securitized

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