Franklin Multi-Asset Income R6 (PMIVX)

Fund Assets	910.65M
Expense Ratio	0.491%
Min. Investment	$500
Turnover	101.00%
Dividend (ttm)	0.44
Dividend Yield	3.78%
Dividend Growth	-2.14%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 25, 2026

Previous Close	11.45
YTD Return	3.93%
1-Year Return	6.24%
5-Year Return	n/a
52-Week Low	11.11
52-Week High	11.78
Beta (5Y)	n/a
Holdings	2098
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 consistent with conservation of capital, with an emphasis on providing current income and long-term capital appreciation. The fund invests across global markets, including U.S. and international stocks and investment-grade, mortgage-backed, high-yield, and emerging market bonds. Its asset allocation emphasizes fixed-income securities, with substantial exposure to U.S. investment-grade bonds, U.S. large-cap equities, and global high-yield bonds. The fund employs dynamic asset allocation and active security selection to pursue stable monthly income distributions. Managed by Putnam's Global Asset Allocation team, which has led multi-asset income strategies since 2008, the fund seeks to balance income generation with capital preservation across multiple asset classes and geographies. The Class R6 share class offers institutional-level pricing with lower expense ratios compared to other share classes.

• Fund Family: Franklin Templeton
• Category: Allocation--15% to 30% Equity
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PMIVX
• Share Class: Class R6 Shares
• Index: Index is not available on Lipper Database

Performance

PMIVX had a total return of 6.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.15%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VWINX	Vanguard	Vanguard Wellesley Income Fund Investor Shares	0.23%
VGWIX	Vanguard	Vanguard Global Wellesley Income Fund Investor Shares	0.43%
VASIX	Vanguard	Vanguard LifeStrategy 20/80 Fund Investor Shares	0.10%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PMIAX	Class A Shares	0.85%
PMIRX	Class R Shares	1.09%
PMIYX	Class Y Shares	0.60%
PMICX	Class C Shares	1.60%

Top 10 Holdings

35.63% of assets

Name	Symbol	Weight
Putnam Government Money Market Fund, Class G	PGGXX	19.03%
Putnam Short Term Investment Fund, Class P	n/a	4.97%
NVIDIA Corporation	NVDA	1.88%
Apple Inc.	AAPL	1.78%
Alphabet Inc.	GOOGL	1.60%
FNMA or FHLMC - Uniform Mortgage-Backed Securities	FNCL.6 6.11	1.59%
FNMA or FHLMC - Uniform Mortgage-Backed Securities	FNCL.2 6.13	1.35%
FNMA or FHLMC - Uniform Mortgage-Backed Securities	FNCL.5.5 6.11	1.24%
GNMA II, Single-family, 30 Year	G2SF.5.5 6.11	1.18%
FNMA or FHLMC - Uniform Mortgage-Backed Securities	FNCL.2.5 6.11	1.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.0336	Sep 25, 2026
Aug 26, 2026	$0.033	Aug 26, 2026
Jul 28, 2026	$0.0354	Jul 28, 2026
Jun 25, 2026	$0.0347	Jun 25, 2026
May 26, 2026	$0.0391	May 26, 2026
Apr 27, 2026	$0.0367	Apr 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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