About PMOLX
Putnam Mortgage Opportunities Fund Class R6 is an open‑end mutual fund focused on **mortgage‑related securities**. Its primary objective is to **maximize total return** within a prudent risk framework by investing across the **residential and commercial mortgage** landscape, including agency and non‑agency mortgage‑backed securities, credit risk transfer notes, and related structured products. The strategy is actively managed, allowing portfolio managers to adjust sector, credit, and duration exposures as mortgage market conditions evolve, with the goal of balancing income generation and capital appreciation.
As a **Class R6** share class, it is designed for retirement platforms and institutional accounts, typically featuring **lower fees** relative to many peers, which can enhance net returns over time. The fund’s profile reflects the dynamics of U.S. housing finance and securitization markets, influencing liquidity, prepayment behavior, and credit performance across cycles. It plays a role in portfolios seeking **diversified fixed‑income exposure** to mortgage credit and structured products beyond traditional core bonds, and its distribution pattern may include **regular monthly income** consistent with mortgage‑backed cash flows. Investors monitor interest rate trends, housing fundamentals, and credit spreads as key drivers of the fund’s risk‑return characteristics.
Fund Family Franklin Templeton Investments
Category Abs Return
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PMOLX
Index ICE BofA U.S.Treasury Bill TR
PMOLX had a total return of 5.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.62%.
