Putnam Mortgage Securities Fund Class R (PGVRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.65
+0.02 (0.26%)
Feb 14, 2025, 4:00 PM EST
-8.49%
Fund Assets 1.00B
Expense Ratio 1.20%
Min. Investment $500
Turnover n/a
Dividend (ttm) 1.33
Dividend Yield 17.44%
Dividend Growth 85.28%
Payout Frequency Monthly
Ex-Dividend Date Jan 16, 2025
Previous Close 7.63
YTD Return 1.46%
1-Year Return 6.83%
5-Year Return -9.47%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 447
Inception Date Jan 21, 2003

About PGVRX

PGVRX was founded on 2003-01-21 and is currently managed by Salm,Misra,Kozlowski. The Fund's investment strategy focuses on US Mortgage with 1.03% total expense ratio. The minimum amount to invest in Putnam Mortgage Securities Fund; Class R Shares is $500 on a standard taxable account. Putnam Mortgage Securities Fund; Class R Shares seeks high current return consistent with preservation of capital through a portfolio of securities backed by the full faith and credit of the U.S. government.

Category Intermediate Core-Plus Bond
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PGVRX
Share Class Class R Shares
Index Bloomberg US MBS TR

Performance

PGVRX had a total return of 6.83% in the past year. Since the fund's inception, the average annual return has been 2.34%, including dividends.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FOMCX Fidelity Fidelity Advisor Mortgage Securities Fund - Class C 1.59%
FIKUX Fidelity Fidelity Advisor Mortgage Securities Fund - Class Z 0.36%
FMGAX Fidelity Fidelity Advisor Mortgage Securities Fund - Class A 0.80%
FMSCX Fidelity Fidelity Advisor Mortgage Securities Fund - Class I 0.57%
FMSFX Fidelity Fidelity Mortgage Securities Fund 0.44%

Other Share Classes

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

Symbol Share Class Expense Ratio
PUSYX Class Y Shares 0.70%
PGSIX Class A Shares 0.95%
PGVCX Class C Shares 1.70%

Top 10 Holdings

97.51% of assets
Name Symbol Weight
Federal National Mortgage Association 2% FNCL 2 1.14 20.60%
Federal National Mortgage Association 5.5% FNCL 5.5 1.12 13.70%
Federal National Mortgage Association 2.5% FNCL 2.5 1.12 12.98%
Government National Mortgage Association 5% G2SF 5 1.12 12.47%
Federal National Mortgage Association 4.5% FNCL 4.5 1.12 8.46%
Federal National Mortgage Association 3.5% FNCL 3.5 1.12 7.50%
Federal National Mortgage Association 3% FNCL 3 1.12 7.21%
Government National Mortgage Association 2.5% G2SF 2.5 1.13 5.15%
Government National Mortgage Association 2% G2SF 2 1.14 4.73%
Federal National Mortgage Association 4% FNCL 4 1.12 4.70%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 16, 2025 $0.063 Jan 21, 2025
Dec 18, 2024 $0.651 Dec 20, 2024
Nov 18, 2024 $0.062 Nov 20, 2024
Oct 17, 2024 $0.062 Oct 21, 2024
Sep 18, 2024 $0.062 Sep 20, 2024
Aug 16, 2024 $0.062 Aug 20, 2024
Full Dividend History