About PDVCX
Putnam Diversified Income Trust Class C is an actively managed open-end mutual fund focused on multi-sector fixed income investing. Its primary objective is to generate a high level of current income while seeking preservation of capital. The strategy allocates across a broad range of bond segments, including U.S. government securities, high-yield corporate bonds, agency mortgage-backed securities, investment-grade corporates, emerging markets debt, and other securitized credit. Portfolio construction emphasizes diversified sources of return and flexible risk allocation rather than strict adherence to any single sector or index. The fund is benchmarked to the ICE BofA U.S. Treasury Bill Index but invests beyond traditional benchmark-constrained core bond approaches, incorporating both traditional and alternative credit markets. It distributes income on a monthly basis and maintains an intermediate effective duration profile. Within the mutual fund marketplace, Putnam Diversified Income Trust Class C is positioned as a nontraditional bond offering for investors seeking exposure to a wide spectrum of global fixed income sectors under a single, actively managed vehicle.
Fund Family Franklin Templeton Investments
Category Multisector Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PDVCX
Share Class Class C Shares
Index ICE BofA U.S.Treasury Bill TR
PDVCX had a total return of 3.97% in the past year, including dividends.
Since the fund's inception, the average annual return has been 2.75%.
