About PMIAX
Putnam Multi-Asset Income Fund Class A is a mutual fund designed to provide investors with both current income and long-term capital appreciation. The fund employs a multi-asset approach, investing across a diversified range of global markets, including both US and international equities as well as various fixed-income securities. Its primary purpose is to generate income while striving for steady growth, with a particular focus on capital preservation. The portfolio incorporates a broad allocation, typically maintaining 15% to 30% in equities, complemented by significant holdings in U.S. Treasury bonds, agency securities, short-term investment instruments, and equity index futures. This strategic mix aims to balance risk and reward, offering an above-average performance and risk profile. The fund pays monthly dividends and is suitable for investors seeking a blend of income and diversification. Its diversified holdings include exposure to technology sector leaders, government bonds, and derivative instruments, reflecting its adaptive strategy within the broader market landscape.
Fund Family Franklin Templeton Investments
Category Allocation--15% to 30% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PMIAX
Share Class Class A Shares
PMIAX had a total return of 12.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.60%.
