About PMOLX
Putnam Mortgage Opportunities Fund Class R6 is a mutual fund that seeks to maximize total return consistent with prudent risk levels by investing primarily in residential and commercial mortgage-backed securities (MBS) and collateralized mortgage obligations. The fund allocates across multiple securitized sectors, including agency pass-through securities, agency collateralized mortgage obligations, non-agency residential MBS, commercial mortgage-backed securities, and asset-backed securities. This approach enables dynamic risk management focused on credit, prepayment, and liquidity risks while minimizing interest-rate sensitivity, as evidenced by its low effective duration. It provides portfolio diversification benefits for investors holding equities, corporate credit, or emerging market debt. The fund distributes dividends monthly and employs derivatives to enhance its strategies within the securitized bond market. Managed by Franklin Templeton Fixed Income team, Putnam Mortgage Opportunities Fund Class R6 offers exposure to a broad array of mortgage-related fixed income instruments and related derivatives, comprising at least 80% of its net assets.
Fund Family Franklin Templeton, Inc
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 6.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.75%.
