Putnam Mortgage Securities’ complex approach and emphasis on lower-rated mortgage credit has not served investors well. Its Process rating has been downgraded to Below Average from Average, but its experienced team still earns an Average People rating.
Putnam Mortgage Securities Y PUSYX
- NAV / 1-Day Return 8.26 / +0.12 %
- Total Assets 418.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 10.16%
- Effective Duration 6.26 years
USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:18 PM GMT+0
Morningstar’s Analysis PUSYX
Will PUSYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 83.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federal National Mortgage Association 6% | 28.14 | 104.5 Mil | Securitized |
Federal National Mortgage Association 2% | 20.95 | 77.8 Mil | Securitized |
Federal National Mortgage Association 2.5% | 15.13 | 56.2 Mil | Securitized |
Federal National Mortgage Association 5.5% | 13.60 | 50.5 Mil | Securitized |
Federal National Mortgage Association 3.5% | 7.66 | 28.4 Mil | Securitized |
Federal National Mortgage Association 3% | 7.34 | 27.3 Mil | Securitized |
Federal National Mortgage Association 5% | 6.89 | 25.6 Mil | Securitized |
Government National Mortgage Association 2.5% | 5.30 | 19.7 Mil | Securitized |
Government National Mortgage Association 2% | 4.88 | 18.1 Mil | Securitized |
Federal National Mortgage Association 4% | 4.81 | 17.9 Mil | Securitized |