Putnam Multi-Asset Income R6 (PMIVX)
| Fund Assets | 232.84M |
| Expense Ratio | 0.45% |
| Min. Investment | $500 |
| Turnover | 101.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.03% |
| Dividend Growth | -1.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 11.52 |
| YTD Return | 2.16% |
| 1-Year Return | 12.72% |
| 5-Year Return | n/a |
| 52-Week Low | 9.75 |
| 52-Week High | 11.55 |
| Beta (5Y) | n/a |
| Holdings | 1752 |
| Inception Date | Feb 10, 2023 |
About PMIVX
Putnam Multi-Asset Income Fund Class R6 is an actively managed **mutual fund** designed to deliver total return with an emphasis on income while maintaining capital conservation. The strategy primarily allocates to **fixed-income securities**, including U.S. and foreign government bonds, corporate credit, and securitized debt across a range of credit qualities, complemented by selective exposures that broaden income sources and manage risk across market cycles. The fund distributes income **monthly**, reflecting its income-oriented design, and operates with an institutional R6 share class structure focused on lower ongoing costs relative to retail classes. Notable characteristics include a diversified portfolio spanning more than a thousand holdings and an expense ratio positioned for scale-sensitive retirement and advisory platforms. Within the broader market, the fund serves as a **core income allocation** for investors seeking a multi-asset approach to bond and credit markets, balancing yield generation with risk management and providing a consolidated vehicle for accessing multiple fixed-income sectors under a unified process and oversight.
Performance
PMIVX had a total return of 12.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.78%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Putnam Funds Trust - Putnam Short Term Investment Fund, Class P | n/a | 5.04% |
| NVIDIA Corporation | NVDA | 1.81% |
| United States of America - U.S. Treasury Bonds | T.2.75 08.15.42 | 1.70% |
| United States of America - U.S. Treasury Bonds | T.3 02.15.49 | 1.63% |
| Apple Inc. | AAPL | 1.59% |
| United States of America - U.S. Treasury Notes | T.3.375 05.15.33 | 1.19% |
| Alphabet Inc. | GOOGL | 1.17% |
| Microsoft Corporation | MSFT | 1.05% |
| United States of America - U.S. Treasury Bonds | T.4.25 11.15.40 | 1.01% |
| FNMA or FHLMC - Uniform Mortgage-Backed Securities | FNCL.6 9.11 | 0.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0239 | Jan 27, 2026 |
| Dec 26, 2025 | $0.0647 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0372 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0364 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0382 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0397 | Aug 26, 2025 |