PNCMX

About PNCMX

Putnam Income Fund Class M is an actively managed mutual fund in the taxable bond category, specifically classified as an intermediate core-plus bond fund. Its principal objective is to provide high current income while maintaining prudent levels of risk. The fund primarily invests across a diverse range of bonds, including both government and corporate debt securities, as well as securitized debt instruments such as mortgage-backed securities. Portfolio holdings may include investment-grade and below-investment-grade bonds, collectively targeting intermediate- to long-term maturities. Managed by Franklin Templeton Investments, Putnam Income Fund Class M adopts a dynamic approach, using derivative instruments for purposes such as hedging and broader portfolio management. This broad-based investment strategy gives the fund exposure to multiple fixed-income sectors, enhancing diversification and responsiveness to changing market conditions. Overall, the fund plays a role in providing investors with consistent income generation while navigating credit and interest rate risks inherent in global bond markets.