About PGBRX
Putnam Global Income Trust is an open-ended mutual fund specializing in global fixed income investments. Managed by Putnam Investment Management, the fund is designed to generate high current income by investing primarily in investment-grade bonds and securitized debt instruments—including mortgage-backed securities—issued by companies, governments, and supranational entities across developed and emerging markets. Its portfolio typically emphasizes securities with intermediate to long-term maturities, focusing on risk factors such as credit quality, interest rate fluctuations, and prepayment trends to optimize returns. The fund’s investment policy requires that at least 80% of its net assets be in investment-grade securities, though it maintains flexibility to include below-investment-grade bonds when warranted. It adheres to a benchmark against the Bloomberg Global Aggregate Bond Index, underscoring its commitment to broad, international diversification. Launched in 1987 and based in the United States, Putnam Global Income Trust plays a pivotal role for investors seeking diversified, globally sourced income, and exposure to international fixed income markets within a single, actively managed vehicle.
Fund Family Franklin Templeton Investments
Category World Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PGBRX
Share Class Class R Shares
Index Bloomberg Global Aggregate Bond TR
PGBRX had a total return of 7.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.54%.
