About PDINX
Putnam Diversified Income Trust Class A is an actively managed mutual fund that seeks high current income while preserving capital by investing across diversified bond markets. The fund employs a flexible approach to fixed-income investing, allocating across traditional and alternative bond sectors including agency mortgage-backed securities, corporate bonds spanning investment-grade to high-yield categories, emerging market bonds, bank loans, and other securitized debt instruments. Rather than adhering strictly to a benchmark-constrained portfolio, the fund's managers dynamically adjust risk exposures and actively manage interest-rate duration to optimize returns across different market environments. With broad holdings spanning mortgage-backed securities, government agency debt, corporate obligations, and emerging market instruments, the fund provides monthly distributions to shareholders. The fund's flexible mandate allows portfolio managers to navigate varying credit and interest-rate conditions while seeking multiple sources of return beyond traditional bond indices.
Fund Family Franklin Templeton Investments
Category Multisector Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PDINX
Share Class Class A Shares
Index ICE BofA U.S.Treasury Bill TR
PDINX had a total return of 4.65% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.79%.
