Putnam Mortgage Securities A (PGSIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.00
-0.01 (-0.12%)
Sep 12, 2025, 4:00 PM EDT
-0.12%
Fund Assets410.02M
Expense Ratio0.95%
Min. Investment$500
Turnover1,383.00%
Dividend (ttm)1.19
Dividend Yield14.30%
Dividend Growth39.00%
Payout FrequencyMonthly
Ex-Dividend DateAug 26, 2025
Previous Close8.01
YTD Return6.30%
1-Year Return3.11%
5-Year Return2.11%
52-Week Low7.56
52-Week High8.80
Beta (5Y)n/a
Holdings448
Inception DateFeb 8, 1984

About PGSIX

Putnam Mortgage Securities Fund Class A is a mutual fund specializing in the mortgage-backed securities sector within the fixed income asset class. Its primary objective is to provide a high level of current income while aiming to preserve capital. The fund invests mainly in a diversified portfolio of mortgages and mortgage-related fixed income securities, including those backed by U.S. government agencies such as Ginnie Mae, Fannie Mae, and Freddie Mac, as well as non-agency, sometimes lower-rated, higher-yielding mortgage-backed securities. It also allocates to commercial mortgage-backed securities, collateralized mortgage obligations, and various derivatives to manage risk and optimize exposure. The fund targets both investment-grade and below-investment-grade securities, adapting to various credit, interest rate, and prepayment risk environments. This blend allows the fund exposure to a broad mortgage market, impacting both residential and commercial real estate finance sectors. With professional management and a strategy responsive to credit conditions and market trends, Putnam Mortgage Securities Fund Class A plays a significant role for investors seeking fixed income diversification and income generation in their portfolios, particularly through securities linked directly to the performance of the U.S. real estate and housing finance markets.

Fund Family Franklin Templeton Investments
Category Intermediate Core-Plus Bond
Stock Exchange NASDAQ
Ticker Symbol PGSIX
Share Class Class A Shares
Index Bloomberg US MBS TR

Performance

PGSIX had a total return of 3.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FMGAXFidelityFidelity Advisor Mortgage Securities A0.80%
FMSCXFidelityFidelity Advisor Mortgage Securities I0.57%
FIKUXFidelityFidelity Advisor Mortgage Securities Z0.36%
FMSAXFidelityFidelity Advisor Mortgage Securities M0.80%
FMSFXFidelityFidelity Mortgage Securities0.44%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PUSYXClass Y Shares0.70%
PGVRXClass R Shares1.20%
PGVCXClass C Shares1.70%

Top 10 Holdings

105.92% of assets
NameSymbolWeight
Federal National Mortgage AssociationFNCL.5.5 8.1126.15%
Federal National Mortgage AssociationFNCL.6 8.1117.93%
Federal National Mortgage AssociationFNCL.2 8.1315.57%
Federal National Mortgage AssociationFNCL.2.5 8.1113.49%
Federal National Mortgage AssociationFNCL.3.5 8.117.24%
Federal National Mortgage AssociationFNCL.3 8.116.94%
Federal National Mortgage AssociationFNCL.4 8.115.44%
Government National Mortgage AssociationG2SF.4.5 8.114.66%
Federal National Mortgage AssociationFNCL.4.5 8.114.43%
Government National Mortgage AssociationG2SF.3 8.114.08%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 26, 2025$0.0309Aug 26, 2025
Jul 28, 2025$0.0396Jul 28, 2025
Jun 25, 2025$0.0273Jun 25, 2025
May 27, 2025$0.0284May 27, 2025
Apr 21, 2025$0.046Apr 21, 2025
Mar 20, 2025$0.046Mar 20, 2025
Full Dividend History