Putnam Income differentiates itself from its peers by its high exposure to mortgage-backed assets. Its complex, derivative-heavy portfolio results in an above-par sensitivity to credit market swings and supports a Morningstar Analyst Rating of Neutral for all share classes.
Will PUICX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PUICX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PUICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PUICX’s parent organization’s priorities and whether they’re in line with investors’ interests.