Putnam Mortgage Securities Fund Class Y PUSYX

NAV and 1-Day Return as of Nov 14, 2026, 1:11:05 AM

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 PUSYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PUSYX 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 PUSYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Saraja Samant

Analyst

Putnam Mortgage Securities’ uncertainties overwhelm its potential reward.

by Saraja Samant

Rated on Apr 27, 2026 Published on Apr 27, 2026

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Portfolio Holdings PUSYX

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Federal National Mortgage Association 5.5%	28.87	85M	Securitized
Federal National Mortgage Association 2%	17.19	51M	Securitized
Putnam Fds Tr	14.00	41M	—
Federal National Mortgage Association 5%	12.91	38M	Securitized
Federal National Mortgage Association 2.5%	11.37	33M	Securitized
Federal National Mortgage Association 6%	9.33	27M	Securitized
Federal National Mortgage Association 2%	5.39	16M	Securitized
Federal National Mortgage Association 4.5%	5.03	15M	Securitized
Federal National Mortgage Association 3%	4.98	15M	Securitized
Government National Mortgage Association 5.5%	4.88	14M	Securitized