PINCX

About PINCX

Putnam Income Fund Class A is an actively managed mutual fund in the intermediate core-plus bond category. Its primary objective is to provide high current income while managing risk judiciously. The fund primarily invests in a broad array of bonds, focusing on securitized debt instruments such as mortgage-backed securities, along with obligations from governments and corporations worldwide. Holdings are typically denominated in U.S. dollars, though a smaller proportion may be in foreign currencies. The portfolio spans both investment-grade and below-investment-grade bonds and generally targets instruments with intermediate to long-term maturities, usually three years or more. The fund's strategy may include the use of derivatives such as futures, options, and swap contracts for both hedging and investment purposes. A significant share of assets is often allocated to U.S. Treasury and agency securities, as well as corporate and mortgage-backed bonds. With a monthly dividend payout and a relatively competitive yield, Putnam Income Fund Class A is designed to serve investors seeking income generation and moderate exposure to interest rate and credit risk within the fixed-income segment of their portfolios. Established in 1954, the fund has a longstanding presence in the bond market and aims for income consistency across varying market environments.