PTRGX

About PTRGX

Putnam Core Bond Fund Class C is an actively managed mutual fund specializing in a diversified portfolio of investment-grade fixed-income securities. Its primary objective is to seek high current income and capital preservation, investing mainly in bonds issued by U.S. government entities, agencies, and private corporations. The fund primarily targets the intermediate core bond segment, giving it medium credit quality and moderate interest rate sensitivity, as reflected by its effective duration of approximately six years. Notable asset allocations include significant holdings in U.S. Treasury notes and bonds, as well as securitized instruments such as mortgage-backed securities. By balancing exposure between government and corporate sectors, the fund serves as a foundational fixed-income investment, aiming to manage risk while providing consistent income. Its structure and diverse holdings position it as a core component for investors seeking broad bond market exposure within their portfolios, while its share class features a level load expense structure suitable for certain distribution channels.