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 Investments
Category Allocation--15% to 30% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PMIVX
Share Class Class R6 Shares
Index Index is not available on Lipper Database
PMIVX had a total return of 10.99% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.01%.
