Putnam Mortgage Opportunities Fund Class A Shares (PMORX)
| Fund Assets | 429.78M |
| Expense Ratio | 0.85% |
| Min. Investment | $500 |
| Turnover | 966.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 5.54% |
| Dividend Growth | -6.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 8.91 |
| YTD Return | 1.12% |
| 1-Year Return | 9.35% |
| 5-Year Return | 31.23% |
| 52-Week Low | 8.49 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 445 |
| Inception Date | Jul 1, 2019 |
About PMORX
Putnam Mortgage Opportunities Fund Class A is an actively managed mutual fund focused on the U.S. mortgage market. Its primary objective is to maximize total return within prudent risk parameters by investing across residential and commercial mortgage-backed securities, including agency pass-throughs, collateralized mortgage obligations, and non-agency sectors, as well as related derivatives to manage interest-rate and prepayment exposures. The portfolio spans both investment-grade and below-investment-grade credit, allowing flexibility to allocate among cash flows across the mortgage capital structure. Classified in the nontraditional bond category, the strategy targets a short effective duration profile, reflecting an emphasis on limiting interest-rate sensitivity while pursuing income and spread opportunities in securitized assets. The fund distributes income monthly and maintains a relatively low minimum initial investment for retail investors. By concentrating on mortgage credit and prepayment dynamics, Putnam Mortgage Opportunities Fund Class A serves as a specialized fixed income holding that can complement core bond allocations with diversified exposure to agency and non-agency mortgage markets under an active, risk-aware mandate.
Performance
PMORX had a total return of 9.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.74%.
Top 10 Holdings
129.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association | FNCL.5.5 1.12 | 51.23% |
| Cash And Equivalents | n/a | 31.24% |
| Federal National Mortgage Association | FNCL.6 1.12 | 31.08% |
| Government National Mortgage Association | G2SF.4.5 1.12 | 4.54% |
| Federal National Mortgage Association | FNCL.5 1.12 | 3.25% |
| Government National Mortgage Association | G2SF.6 1.12 | 3.08% |
| Federal National Mortgage Association | FNCL.2.5 1.12 | 2.56% |
| Federal Home Loan Mortgage Corp. 12.33867% | STACR.2019-FTR1 B2 | 1.08% |
| Federal National Mortgage Association | FNCL.4.5 1.12 | 0.91% |
| Federal Home Loan Mortgage Corp. 14.98867% | STACR.2018-HQA2 B2 | 0.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0124 | Jan 27, 2026 |
| Dec 26, 2025 | $0.1149 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0367 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0383 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0399 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0365 | Aug 26, 2025 |